352 Randall RdSouth Elgin, IL 60177

  • Other commercial real estate
  • 30,000 SF
For Lease

Property Details for 352 Randall Rd

Year built
2001
Lot size
9.96 AC
Property size (Sq ft)
30,000 SF
Property type
Other commercial real estate
APN
06-32-476-003
APU
632476003

Description

This exceptional retail property, known as the Shops at South Elgin, is located at 352 S Randall Rd, South Elgin, IL 60177, in Kane County. The center boasts a total of 78,213 square feet of retail space, currently featuring a mix of tenants. A significant opportunity exists with 38,600 square feet of vacant space available for lease, including one large contiguous space of 30,200 square feet, ideal for a variety of retail uses. The property's prime location in South Elgin, Illinois offers excellent visibility and accessibility, ensuring high foot traffic and strong potential for business growth. This multi-tenant retail center presents a unique chance to establish or expand a retail presence in a thriving community. The property is classified as retail, offering a versatile space adaptable to various retail concepts. Its strategic location provides easy access for customers and employees alike. Interested parties are encouraged to inquire about lease terms and availability for this exceptional retail opportunity in the heart of South Elgin. The property's size and prominent location make it an attractive investment for businesses seeking a strong foothold in the Kane County market. Detailed floor plans and lease terms are available upon request.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,200,217
    Hospitality
    $5,679,366
    Educational
    $4,725,165
    Medical
    $4,887,671
    Retail
    $7,350,257
352 Randall Rd, South Elgin, Illinois
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Location Insight

City
South Elgin
County
Kane
State
Illinois
Latitude
41.9865
Longitude
-88.3434
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$307,844
$1,559,666
$2,165,267
$3,724,933
-
$4,678,998
$6,495,801
$11,174,799

FAQs

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