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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 Sec Randall Rd And Longmeadow Pkwy Algonquin, IL 60102

4.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.75-acre development site presents a rare opportunity in Algonquin, Illinois. Located at the intersection of Randall Road and Longmeadow Parkway, this property boasts a highly desirable location, situated just a half-mile south of the established Algonquin Commons shopping center. The site is zoned for retail development and represents one of the last remaining parcels of this size in the immediate area, making it an ideal investment for developers seeking a prime location with significant growth potential. The asking price is $1,650,000. The property's strategic position on Randall Road, a major thoroughfare, ensures high visibility and accessibility for any future development. This location offers excellent exposure to a substantial consumer base, making it an attractive proposition for a variety of retail uses. The land is ready for development, presenting a streamlined path to realizing a profitable retail venture. Serious inquiries are encouraged. The property is classified as both retail and land, and is specifically designated as a shopping center and development site. The zip code is 60102, and the property is located in Kane County. The motivated ownership is eager to finalize a sale.

Property profile
Verified
Property type Lifestyle centers
Lot 4.75 ac (206,910 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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