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    1600 Randall Rd Elgin, IL 60124

    Sponsored
    For Lease
    $17 SF/Yr

    Class A medical office space, 7 suites available.

    Lot size:
    99,903 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A, four-story medical office building, totaling 99,903 square feet, is situated at 1600 N Randall Rd, Elgin, IL 60124. Built in 2009, the property boasts modern finishes and ample parking on a 6.4-acre lot. Available spaces range from 2,132 to 20,339 contiguous square feet, offering flexibility for various medical practices. Options include move-in ready suites, build-to-suit opportunities, and full-floor occupancy. Generous tenant improvement allowances or turnkey buildouts are available to customize spaces to meet specific needs. The building features elevators and is zoned PORI. The property enjoys a prime location directly on Randall Road, a quarter mile from I-90, providing easy access to major transportation routes. O'Hare International Airport is conveniently located 29 miles east, and downtown Chicago is 40 miles southeast. The building benefits from a strong tenant roster, including Northwestern Medicine and Derick Dermatology. Elgin's thriving downtown area, featuring new residential developments, a revitalized River Walk, and a growing number of shops and restaurants, further enhances the property's appeal. The proximity to the Metra Train Station and the expanded Sherman Hospital (255 beds) adds to the area's economic vitality.

    Property Features for 1600 Randall Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    99,903 SF
    Class
    A
    Total Rate
    147773.19

    Building Details

    Year Built
    2009
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    105
    Size
    2,132 SF
    Rate per SF
    $17
    Space
    210
    Size
    2,715 SF
    Rate per SF
    $17
    Space
    222
    Size
    6,980 SF
    Rate per SF
    $17
    Space
    405
    Size
    5,458 SF
    Rate per SF
    $17
    Space
    135
    Size
    2,399 SF
    Rate per SF
    $17
    Space
    300
    Size
    20,339 SF
    Rate per SF
    $17
    Space
    205
    Size
    2,852 SF
    Rate per SF
    $17

    HighLights

    • Custom‑designed suites available with generous tenant improvement allowance.
    • Large contiguous floor plates up to 20,399 square feet.
    • Free shared tenant conference room.
    • Reserved parking for physicians.
    • Monument signage opportunity at Randall & Alft Roads.
    • Excellent location with abundant nearby restaurants and shopping.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Elgin
    County
    Cook
    State
    Illinois
    Longitude
    -88.335617700048
    Latitude
    42.074389260115

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    FAQs

    What type of property is this?
    Medical office - Class A medical office space, 7 suites available.
    Where is this medical office located?
    The property is located at 1600 Randall Rd Elgin, IL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Custom-designed suites available with generous tenant improvement allowance.; Large contiguous floor plates up to 20,399 square feet.; Free shared tenant conference room.
    Request Owner's contact information
    1600 Randall Rd 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.

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    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
    1600 Randall Rd Elgin, IL 60124
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