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    Randall Rd. & Recreation Dr Villa Park, IL 60181

    Sponsored
    For Sale
    Contact for pricing

    Prime IL commercial land, build-ready, 490 parking spaces.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 53-acre commercial land parcel, located at the intersection of Randall Road and Recreation Drive in West Dundee, Illinois (DuPage County, zip code 60181), presents a unique investment opportunity. The property, known as Randall Corporate Center - North, boasts a fully entitled and build-ready status, eliminating significant pre-development hurdles. The site benefits from full utility access, ensuring seamless construction and operational efficiency. With 490 parking spaces already planned, the property is ideally suited for large-scale commercial development. Its strategic location offers immediate access to I-90 via a convenient 4-way interchange at Randall Road, providing unparalleled connectivity and accessibility. The surrounding area is rich with amenities, enhancing the appeal and potential for attracting tenants. The property is adaptable to both single and multi-tenant configurations, offering flexibility for various development scenarios. Furthermore, the availability of outlots adds to the property's versatility and potential for increased revenue streams. Low Kane County taxes represent a significant financial advantage. This is a rare opportunity to acquire a prime commercial site in a thriving location, ready for immediate development. The property's size, location, and build-ready condition make it an exceptional investment prospect.

    Property Features for 0 Randall Rd. & Recreation Dr

    General Information

    Property type
    Land
    Lot Size
    2,308,680 SF

    HighLights

    • 53‑acre commercial land parcel in West Dundee, IL.
    • Excellent I‑90 access via Randall Road interchange.
    • Abundant nearby amenities.
    • New construction opportunity; single or multi‑tenant buildable.
    • Fully entitled and build‑ready; all utilities available.
    • Low Kane County taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Villa Park
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9775787
    Latitude
    41.8770889

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    FAQs

    What type of property is this?
    Land - Prime IL commercial land, build-ready, 490 parking spaces.
    Where is this land located?
    The property is located at Randall Rd. & Recreation Dr Villa Park, IL.
    What are key features of this property?
    This property features: 53-acre commercial land parcel in West Dundee, IL.; Excellent I-90 access via Randall Road interchange.; Abundant nearby amenities.
    (773) 355-3006
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    Randall Rd. & Recreation Dr Villa Park, IL 60181
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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
    Randall Rd. & Recreation Dr Villa Park, IL 60181
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