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    1100 Randall Rd Elgin, IL 60124

    Sponsored
    For Sale
    Contact for pricing

    High-traffic retail land, PAB zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land offering presents a rare opportunity to acquire one of two outparcels adjacent to a Walmart Supercenter in the thriving city of Elgin, Illinois. Located at the highly visible intersection of Randall and Bowes Roads, this site benefits from exceptional daily traffic counts exceeding 32,900 vehicles. The property is zoned PAB (Planned Area Business), allowing for a wide range of commercial development options. The available land parcels range in size from 3.78 to 8.84 acres, providing flexibility for various project scales. This prime location offers unparalleled visibility and accessibility, situated amongst other major retail giants including Sam's Club, Meijer, and Menards, ensuring high consumer traffic and strong brand synergy. The address is 1100 Randall Rd, Elgin, IL 60124, within Kane County. This is an ideal investment for developers seeking a high-impact location with significant growth potential in a well-established retail corridor. The property's strategic placement and zoning regulations make it an attractive proposition for businesses seeking to capitalize on the substantial foot traffic and strong consumer base in this area. The precise acreage of each available parcel will be disclosed upon request.

    Property Features for 1100 Randall Rd

    General Information

    Property type
    Land
    Lot Size
    164,657 SF

    HighLights

    • Two Walmart outparcels available on S Randall Rd, Elgin, IL.
    • PAB (Planned Area Business) zoning.
    • High‑traffic intersection of Bowes and Randall Roads (32,900+ VPD).
    • Strong retail synergy with Sam's Club, Meijer, and Menards.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.3362901
    Latitude
    42.0052782

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, PAB zoning.
    Where is this land located?
    The property is located at 1100 Randall Rd Elgin, IL.
    What are key features of this property?
    This property features: Two Walmart outparcels available on S Randall Rd, Elgin, IL.; PAB (Planned Area Business) zoning.; High-traffic intersection of Bowes and Randall Roads (32,900+ VPD).
    Request Owner's contact information
    1100 Randall Rd Elgin, IL 60124
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    Elgin, IL 60124
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1100 Randall Rd Elgin, IL 60124
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