Multi-Tenant Retail Center with
For Sale
$4,435,000
2500 North Randall Road, Elgin, IL 60123
Built in 2019, this multi-tenant retail center is fully occupied with 95 parking spaces and a drive-thru.
Property Size7,896 SF
Days on Market118
Property Features for 2500 North Randall Road
General Information
Standard status
Active
Size
7,896 SF
Property subtype
Retail - Strip
Building Details
Building Size
7,896 SF
Year Built
2019
Units
4
Listing Agency:
Premier Commercial Realty
Listed By:
Mike Deacon
(815) 814-6500
Source:
Commercialcafe
Added: May 14
Changed: Sep 8
Last Checked: Aug 25 at 9:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Commercial Realty
Investment Insights
Based on property information with market context.
Built in 2019, this 7,896 SF multi-tenant retail center is 100% occupied by four tenants, including Chipotle (with drive-thru) and Verizon, along with Poke West and Tabla Express. The property includes outdoor patios and multiple signage opportunities, and is supported by 95 parking spaces.
Located just off Randall Road in Elgin, the center sits at a signalized intersection along Randall Road, described as a high-traffic corridor, and is just off I-90. The listing notes daily traffic figures of more than 45,000 vehicles per day on Randall Road and approximately 105,000 vehicles per day on I-90, providing convenient access to the broader Chicago area via I-90.
The property is positioned on 1.93 acres and is described as having long-term leases with built-in rent escalations and minimal landlord responsibilities.
Located just off Randall Road in Elgin, the center sits at a signalized intersection along Randall Road, described as a high-traffic corridor, and is just off I-90. The listing notes daily traffic figures of more than 45,000 vehicles per day on Randall Road and approximately 105,000 vehicles per day on I-90, providing convenient access to the broader Chicago area via I-90.
The property is positioned on 1.93 acres and is described as having long-term leases with built-in rent escalations and minimal landlord responsibilities.
Key Highlights
- Built in 2019: 7,896 SF multi‑tenant retail property with four tenants and 100% occupancy
- Tenants include Chipotle (drive‑thru) and Verizon, plus Poke West and Tabla Express
- 1.93‑acre site with 95 parking spaces, outdoor patios, and multiple signage opportunities
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 35%
Electronics 5%
Hotels & Casinos 3%
Shell
Shops & Services
22,101 visits/mo
0.1 miles
Panera Bread
Dining
18,781 visits/mo
0.1 miles
Starbucks
Dining
12,302 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
3,024 visits/mo
0.1 miles
Verizon
Electronics
2,997 visits/mo
0.2 miles
Demographics for 60123, IL
47,932
Population
18,129
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
14.0 sq mi
ZIP Area
3,424
Density / Sq Mi
$86,762
Median Household Income
$40,288
Median Earnings
$1,226
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Built in 2019, this multi-tenant retail center is fully occupied with 95 parking spaces and a drive-thru.
Where is this strip mall located?
The property is located at 2500 North Randall Road Elgin, IL.
What is the asking price?
The asking price for this property is $4,435,000.
What are key features of this property?
This property features: Built in 2019: 7,896 SF multi‑tenant retail property with four tenants and 100% occupancy; Tenants include Chipotle (drive‑thru) and Verizon, plus Poke West and Tabla Express; 1.93‑acre site with 95 parking spaces, outdoor patios, and multiple signage opportunities
