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Single-Tenant Retail Building
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554 South Randall Road, South Elgin, IL 60177

2,989 SF single-tenant retail building on a 1.01-acre parcel in the B-2 Community Business District.

Property Size2,989 SF
Lot Size1.01 Acres
Price / SF$518.57
Days on Market137

Property Features for 554 South Randall Road

General Information

Standard status Active
Size 2,989 SF
Lot size 1.01 Acres
Property subtype Retail
Zoning B-2 Community Business District
Investment Type Value Add

Additional Details

Traffic Count 32,300 vehicles/day

Building Details

Year Built 2004
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Jack Collins · License #475.204707
Source: Crexi
Added: Apr 24 Changed: Sep 4 Last Checked: Sep 7 at 10:20AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

The property consists of a 2,989 square foot single-tenant retail building on a 1.01-acre parcel of land. The site is zoned B-2 Community Business District. The property is shadow-anchored by Target and shares an entrance with the retailer.

Located adjacent to the signalized intersection of Pamela Drive and Randall Road, the site sits within the area’s primary commercial and commuter corridor. Retail surroundings include national retailers and restaurants, and the area also includes nearby schools such as Elgin Community College, which is about 4 miles away.

More than 32,300 vehicles per day pass the property along S Randall Road. The trade area is supported by dense population and employment within a 5-mile radius.

Key Highlights

  • 2,989 SF single‑tenant retail building on a 1.01‑acre (43,996 SF) parcel
  • Zoned B‑2 Community Business District
  • Adjacent to the signalized intersection of Pamela Drive and Randall Road

Property Analytics

Current Use

Skippy's Gyros Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Big Box & Wholesale Store Hair Salon Electrical 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

32,300 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby
294k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 29% Apparel 28% Groceries 14% Dining 12%
Target Superstores
86,121 visits/mo 0.1 miles
T.J. Maxx Apparel
48,433 visits/mo 0.3 miles
Angelo Caputo's Fresh Markets! Groceries
40,889 visits/mo 0.2 miles
Ross Dress for Less Apparel
33,562 visits/mo 0.3 miles
Chase Bank Shops & Services
15,255 visits/mo 0.0 miles

Demographics for 60177, IL

24,361
Population
8,700
Households
2.8
Avg Household Size
37
Median Age
38%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
2,737
Density / Sq Mi
$123,700
Median Household Income
$59,266
Median Earnings
$1,612
Median Rent
$296,200
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 - 2,989 SF single-tenant retail building on a 1.01-acre parcel in the B-2 Community Business District.
Where is this retail space located?
The property is located at 554 South Randall Road South Elgin, IL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 2,989 SF single‑tenant retail building on a 1.01‑acre (43,996 SF) parcel; Zoned B‑2 Community Business District; Adjacent to the signalized intersection of Pamela Drive and Randall Road
More about this property
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