For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    South Elgin Retail Opportunity Title is generated by Realmo AI

    436 N Randall Rd, South Elgin, IL 60177

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Retail space available for sale in South Elgin, Illinois.

    Type:RETAIL
    Property size:
    21,734 SF
    Price / SF:
    $184/SF
    Added:
    May 5, 2026
    Days on Market:
    64
    Last Refresh:
    May 8 at 3:32 am

    Property Features for 436 N Randall Rd

    General Information

    Standard status
    Active
    Size
    21,734 SF
    Property subtype
    RETAIL

    We can help!

    Contact an agent
    John F. Riser

    Listing office Riser Retail Group

    Listing date May 5, 2026

    Source Moodyscre

    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 Riser Retail Group

    HighLights

    • Retail space available for sale.
    • Located in South Elgin, Illinois.

    Overview

    This commercial real estate offering features a retail space encompassing 21,734 square feet. The property is located in South Elgin, Illinois.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $391.2k $18.00
    − Vacancy −$16.4k −$0.76
    EGI $374.8k $17.24
    − OpEx −$112.4k −$5.17
    NOI $262.3k $12.07
    21,734 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.75M
    $3.28M – $4.37M (±1% cap)
    NOI $262,347 @ 7.0% cap · market cap 6.56%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $7.50M
    $6.57M – $8.75M (±1% cap)
    NOI $525,263 @ 7.0% cap · market cap 13.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Courier Service

    Suggested Use

    Law Firm Real Estate Agency Auto Repair Shop Auto Parts Store Electrical Service Hair Salon Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.344024
    Latitude
    41.9835062

    FAQs

    What type of property is this?
    Retail space - Retail space available for sale in South Elgin, Illinois.
    Where is this retail space located?
    The property is located at 436 N Randall Rd South Elgin, IL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Retail space available for sale.; Located in South Elgin, Illinois.
    (317) 844-0700 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message