Building Details

Year Built 2005

Tenancy Multi

Listing Agency: Orion Real Property Services, LLC Show Phone

Listed By: Mary Tracy

Source: Premier-relocation

Added: Oct 15 Changed: Oct 31 Last Checked: Oct 31 at 3:27AM

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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 Orion Real Property Services, LLC

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Investment Insights

Based on property information with market context.

This retail space in a strip center includes showroom and lock-off areas, two ADA-accessible restrooms, a kitchen, offices, and storage. The building dates to 2005.

At 418 S Randall Road in Algonquin, the center sits in a Meijer outlot and has direct exposure to Randall Road. Multiple national tenants occupy the center.

Key Highlights

• Showroom and lock‑off areas within the retail suite
• Two ADA‑accessible restrooms
• Kitchen, office areas, and storage

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Garden Center Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

$4.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

498

Businesses Nearby

Explore this area Business Placement

Demographics for 60102, IL

31,959

Population

12,076

Households

2.6

Avg Household Size

42

Median Age

43%

College-Educated

95%

High-School Grad

15.8 sq mi

ZIP Area

2,023

Density / Sq Mi

$128,070

Median Household Income

$59,484

Median Earnings

$1,826

Median Rent

$320,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Two ADA-accessible restrooms accompany kitchen, office, and storage areas.

Where is this retail space located?

The property is located at 418 S Randall Road Algonquin, IL.

What is the lease rate?

The lease rate is $28 SF/Yr.

What are key features of this property?

This property features: Showroom and lock‑off areas within the retail suite; Two ADA‑accessible restrooms; Kitchen, office areas, and storage