Commercial Land at Signalized
For Sale
$10,000,000
40 Acres Randall Road, Elgin, IL 60123
Land, Elgin, IL
Property SizeContact for details
Lot Size40.40 Acres
Days on Market1075
Property Features for 40 Acres Randall Road
General Information
Property type
Land
Property subtype
Other
Zoning
AGRIC
Elementary school district
46
Middle school district
46
High school district
46
Directions
The property is generally located at the northwest corner of Randall & Hopps in unincorporated Kane County, adjacent to Elgin.
Subdivision
Elgin
Standard status
Active
APN
0633100004
Lot size
40.40 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
10060
Listing Agency:
Flanagan Realty, LLC.
(630) 791-0505
Listed By:
Daniel Flanagan · License #471000084
(630) 388-8522
Added: Oct 24, 2023
Changed: Sep 16
Last Checked: Oct 2 at 6:06AM
MLS# 11916080
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 40.4-acre commercial land tract is identified as AGRIC zoning and may be divisible. The property sits at a full signalized intersection on Randall Road, with reported traffic of 40,000 vehicles per day. Sewer and water are adjacent to the site, and possible shared access is available with the neighboring Sam's and Walmart properties.
The parcel is positioned next to Sam's and Walmart and is described as having potential for commercial and multi-family development. The source information also identifies possible applications including a strip center, fast food, gas station, convenience store, sit-down restaurant, and auto sales.
The parcel is positioned next to Sam's and Walmart and is described as having potential for commercial and multi-family development. The source information also identifies possible applications including a strip center, fast food, gas station, convenience store, sit-down restaurant, and auto sales.
Key Highlights
- 40.4 acres of commercial land
- 40,000 vehicles per day at a full signalized intersection
- AGRIC zoning
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Large commercial land tract with adjacent sewer and water and possible shared access.
Where is this commercial land located?
The property is located at 40 Acres Randall Road Elgin, IL.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 40.4 acres of commercial land; 40,000 vehicles per day at a full signalized intersection; AGRIC zoning
