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Vision Works-Anchored Strip Mall
For Sale
$2,643,500

873-875 Randall Road, Batavia, IL 60510

Two-unit retail building with street visibility and national retail tenants at a signalized intersection.

Property Size4,999 SF
Price / SF$528.81
Days on Market194

Property Features for 873-875 Randall Road

General Information

Standard status Active
Size 4,999 SF
Property subtype Strip Center
Occupancy 100%

Site & Location

Corner Location Yes
Anchor Co-Tenants Vision Works, Super Walmart

Building Details

Building Size 4,999 SF
Buildings 1
Tenancy Multi
Listing Agency: Jameson Commercial
Listed By: Mark Jones · License #475107431
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 4:09PM

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 Jameson Commercial

Investment Insights

Based on property information with market context.

This 4,999 SF strip mall contains two tenant units and is fully leased. Vision Works occupies one unit, while the Seller master leases the second. The property is positioned as a net lease investment and benefits from a retail-oriented configuration.

The site is located at the intersection of Fabyan Parkway and Randall Road in Batavia, Illinois, with street visibility and a stoplight intersection on highly trafficked Randall Road. It is situated in front of a Super Walmart Center and adjacent to Pep Boys, Bank of America, Advance Auto and TCF Bank. Home Depot, Trader Joe’s, Gander Mountain and Best Buy are located across the road. The property is approximately 30 miles from Chicago’s Loop and within the Chicago MSA.

Key Highlights

  • 4,999 SF strip mall with 2 tenant units
  • Fully leased with Vision Works in one unit and a Seller master lease on the second
  • Vision Works has over 590 locations in 40 states

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts Store Parking Lot & Garage Hair Salon

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby
535k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 18% Shops & Services 17% Superstores 17% Dining 15%
Walmart Superstores
91,291 visits/mo 0.2 miles
Portillo's Dining
49,428 visits/mo 0.2 miles
Marshalls Apparel
47,472 visits/mo 0.5 miles
Trader Joe's Groceries
35,775 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
34,174 visits/mo 0.2 miles

Demographics for 60510, IL

28,156
Population
11,234
Households
2.5
Avg Household Size
42
Median Age
56%
College-Educated
97%
High-School Grad
24.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$120,925
Median Household Income
$57,884
Median Earnings
$1,285
Median Rent
$363,000
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?
Strip mall - Two-unit retail building with street visibility and national retail tenants at a signalized intersection.
Where is this strip mall located?
The property is located at 873-875 Randall Road Batavia, IL.
What is the asking price?
The asking price for this property is $2,643,500.
What are key features of this property?
This property features: 4,999 SF strip mall with 2 tenant units; Fully leased with Vision Works in one unit and a Seller master lease on the second; Vision Works has over 590 locations in 40 states
More about this property
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