Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Lot 2- Randall Pt Elgin, IL 60120

    Sponsored
    For Sale
    Contact for pricing

    4.46 Acres, I-90 Frontage, PORI Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.46-acre commercial land parcel presents a unique investment opportunity in Elgin, Illinois. Strategically located with direct I-90 frontage, this property boasts unparalleled visibility and a strong corporate image. The site is zoned PORI, allowing for a variety of industrial build-to-suit options. Its immediate access to I-90 and close proximity to the four-way interchange at I-90 and Randall Road provide exceptional accessibility and logistical advantages. The master-planned detention system ensures efficient site development. This land, owned by Pancor, offers a compelling opportunity for businesses seeking a high-profile location with excellent infrastructure. The sale price is $9.50 per square foot. This prime location combines high visibility with convenient access to major transportation arteries, making it ideal for a wide range of commercial developments. Don't miss this chance to secure a prominent position in a thriving business area. The property's size and zoning provide significant flexibility for future development plans.

    Property Features for 0 Lot 2- Randall Pt

    General Information

    Property type
    Land
    Lot Size
    194,278 SF

    HighLights

    • 4.46‑acre site with I‑90 frontage offering excellent visibility and corporate image.
    • PORI zoning allows for industrial build‑to‑suit development.
    • Direct I‑90 access and proximity to the I‑90/Randall Road interchange.
    • Master‑planned detention system in place.
    • Land owned by Pancor, priced at $9.50 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elgin
    County
    Kane
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

    Nearby Similar for Sale

    • New
      $898,000
      0.59 Acres

      Modernized Office/Medical Building on Route 58

      Fully renovated office building with high visibility and flexible layouts.
      1 American Way, Elgin, IL 60120
      View Details
    • $1,350,000
      0.90 Acres

      Elgin Industrial Building with Heavy Power

      Well-maintained industrial building ideal for large-scale production and heavy machinery.
      303 Elgin Ave, Elgin, IL 60120
      View Details
    • $448,900
      0.33 Acres

      Elgin Multi-Family Investment Opportunity

      Three-unit property near downtown Elgin with value-add potential.
      518 St South, Elgin, IL 60123
      View Details
    • $349,900
      0.26 Acres

      Elgin Commercial Building For Sale

      Single-story office building on a prime corner lot in Elgin.
      530 N Mclean Blvd, Elgin, IL 60123
      View Details
    • $425,000
      0.50 Acres

      Prime Office Space in Elgin

      6,326 SF office space in a busy commercial area.
      85 Market St, Elgin, IL 60123
      View Details
    • $299,000
      0.67 Acres

      Luxury Office Condo in Elgin

      Remodeled 4,000 SF office condo with high-end finishes.
      472 N Mclean Blvd, Elgin, IL 60123
      View Details
    • $245,000
      0.33 Acres

      Former Daycare Facility in Elgin

      3,025 sqft commercial building near Eagle Heights subdivision.
      1560 Weatherstone Ln, Elgin, IL 60123
      View Details
    • $115,000

      Elgin 55+ Community Residence

      Move-in ready 2 bed, 1.1 bath unit in Elgin.
      801 N Mclean Blvd, Elgin, IL 60123
      View Details
    • $305,000
      1,800 SF

      Spacious Townhome in Fieldstone

      Three-bedroom, 2.5-bath townhome with ample storage and green space.
      727 Littleton Trl, Elgin, IL 60120
      View Details
    • Contact for pricing
      442,601 SF

      Versatile Warehouse and Office Facility

      442,601 SF facility with balanced warehouse and office space.
      1717 Gifford Rd, Elgin, IL 60120
      View Details
    • $315,000
      1,904 SF

      Meticulously Maintained Townhome with Sunset Views

      Spacious three-bedroom townhome with modern upgrades and sunset views.
      962 Ascot Dr, Elgin, IL 60123
      View Details
    • $318,900
      2,058 SF

      Spacious Townhouse with First-Floor Suite

      Townhouse with first-floor primary suite in unbeatable location.
      503 Shagbark Dr, Elgin, IL 60123
      View Details

    FAQs

    What type of property is this?
    Land - 4.46 Acres, I-90 Frontage, PORI Zoning
    Where is this land located?
    The property is located at Lot 2- Randall Pt Elgin, IL.
    What are key features of this property?
    This property features: 4.46-acre site with I-90 frontage offering excellent visibility and corporate image.; PORI zoning allows for industrial build-to-suit development.; Direct I-90 access and proximity to the I-90/Randall Road interchange.
    (630) 317-0721
    Request Owner's contact information
    Lot 2- Randall Pt Elgin, IL 60120
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lot 2- Randall Pt
    Elgin, IL 60120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Lot 2- Randall Pt Elgin, IL 60120
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.