436 S Randall Rd, South Elgin, IL 60177
New construction retail space with long-term lease in affluent area.
- Added:
- Feb 18, 2026
- Days on Market:
- 129
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 436 S Randall Rd
General Information
- Standard status
- Active
- Size
- 21,734 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2021
Listing office Riser Retail Group Carmel
Listing date Feb 18, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Riser Retail Group Carmel
HighLights
- Brand new long term lease, expiring June 2031.
- New 2021 Class "A" construction.
- High traffic counts with over 38,000 vehicles per day.
- High income demographics with an average household income of over $200,000 within a 1‑mile radius.
- Located within the affluent Chicago MSA.
- Updated parking field completed in Summer 2022.
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South Elgin
- County
- Kane
- State
- Illinois
- Longitude
- -88.344024
- Latitude
- 41.9835062
