Randall Rd Elgin, IL 60123
- Land
Current Use by Public Records
- Land
Property Details for Randall Rd
- Property type
- Land
Description
This exceptional 1.18-acre commercially-zoned vacant lot presents a prime investment opportunity in Elgin, Illinois. Located at 609 S Randall Rd, 60123, Kane County, this property boasts a highly visible location with exceptional traffic counts. The lot is shadow-anchored by established businesses including Planet Fitness, Dollar Tree, and Blain's Farm & Fleet, ensuring strong surrounding commercial activity. The area demonstrates a high average household income (AHI) of $95,000 within a one-mile radius, indicating a strong consumer base. Randall Road itself experiences a high volume of vehicular traffic, with 41,000 vehicles passing daily. This property is situated within the high-income Chicago MSA, offering access to a large and affluent market. The zoning designation is PAB CF (Planned Area Business Community Facilities), making it suitable for a variety of commercial uses. Ideal uses could include an auto parts store, auto repair center, or restaurant. The asking price for this strategically located lot is $750,000. The property's APN is 06-21-325-003. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Kane
- State
- Illinois
- Longitude
- -88.3374
- Latitude
- 42.0188
