Multi-Tenant Retail Center with
2500 North Randall Road Elgin, IL 60123
For Sale
$4,435,000
Built in 2019, this multi-tenant retail center is fully occupied with 95 parking spaces and a drive-thru.
Days on Market73
Property Features for 2500 North Randall Road
General Information
- Standard status
- Active
- Property subtype
- Retail - Strip
Building Details
- Year Built
- 2019
Listing Agency:
Premier Commercial Realty
(815) 814-6500
Listed By:
Mike Deacon
Source:
Commercialcafe
Added: May 14
Changed: Jul 23
Last Checked: Jul 24 at 4:40AM
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
Location Intelligence
Current Use by Public Records
Chipotle Mexican Grill
Take-out & Catering
FAQs
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
