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    Randall Rd & Harnish Dr Lake in the Hills, IL 60102

    • Land
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Randall Rd & Harnish Dr

    Lot size
    20.00 lot acres
    Property type
    Land

    Description

    This exceptional 20-acre commercial land parcel, situated at the intersection of S Randall Rd and Harnish Dr in Lake in the Hills, IL (zip code 60102), presents a remarkable investment opportunity. Already approved for the construction of 325 apartment units, this site boasts significant development potential. Conveniently located west of the Algonquin Commons Shopping Center, the property benefits from its proximity to the vibrant Randall Road Corridor, offering easy access to a wealth of retail, dining, and entertainment options. Randall Road boasts impressive traffic counts, averaging 43,700 vehicles daily, ensuring high visibility and accessibility for future residents. Infrastructure is largely in place

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake in the Hills
    County
    Mchenry
    State
    Illinois
    Longitude
    -88.3355
    Latitude
    42.1611

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      1659 Algonquin Rd

      Farms • 3.00 Acres
      1659 Algonquin Rd, Algonquin, IL 60102
      View Details
    • Value Estimation by Request

      Algonquin Rd At Sq Barn Rd

      Land
      0 Algonquin Rd At Sq Barn Rd, Algonquin, IL 60102
      View Details
    • Value Estimation by Request
      7,200 SF

      15 Hanson Rd

      Distribution properties • 7,200 SF
      15 Hanson Rd, Algonquin, IL 60102
      View Details
    • Value Estimation by Request
      3.03 Acres

      Swc Of Algonquin Rd & Hanson Rd

      Land • 3.03 Acres
      0 Swc Of Algonquin Rd & Hanson Rd, Lake in the Hills, IL 60102
      View Details
    • Value Estimation by Request
      4.75 Acres

      Randall Rd

      Land • 4.75 Acres
      0 Randall Rd, Algonquin, IL 60102
      View Details
    • Value Estimation by Request

      - Lots 9 & 11 Swc Of Randall & Corporate Pkwy

      Land
      - Lots 9 & 11 Swc Of Randall & Corporate Pkwy, Algonquin, IL 60102
      View Details

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    Similar Nearby for Lease

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      2,500 SF

      Algonquin Retail Space Available

      Prime Retail Space, 2500 sq ft, High Traffic
      702 Randall Rd, Algonquin, IL 60102
      View Details
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    Randall Rd & Harnish Dr
    Lake in the Hills, IL 60102
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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
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