1530 Randall Rd Elgin, IL 60123-7877
Property Lookup
Property profile & analytics
1530 Randall Rd Elgin, IL 60123-7877
- Office properties & Spaces
- 19,034 SF
- 3.44 lot acres
Property ID
US28-5351881
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Associates in Pediatrics, SC / Hospital / Children's Hospital
- Rehan Mohammad Hussain / Ophthalmologist
- Dang Cheri a DDS / Dental Office
- Elgin Clinic, Ltd / Medical Clinic
- Connect Hearing / Hearing Aid Store / Audiologist
Property Details for 1530 Randall Rd
- Year built
- 2000
- Lot size
- 3.44 lot acres
- Property size
- 19,034 SF
- Property type
- Office properties & Spaces
- APN
- 03-31-400-048
- APU
- 331400048
Description
This exceptional office property, located at 1530 N Randall Rd #120 & 200 in Elgin, IL, offers two distinct suites perfect for a variety of professional or medical uses. The building, constructed in 1999, boasts a total of 19,034 square feet across three stories. Suite 120, a 2,235 square foot first-floor space, features nine private offices, a conference room, and abundant natural light. This suite is available for $4,283.75 per month gross ($23 per square foot). Suite 200, a 2,367 square foot second-floor medical suite, includes a large waiting area, reception desk, five exam rooms, a lab, two private offices, a breakroom, storage, and a file/server room. Existing medical furniture and equipment are negotiable. The monthly rent for Suite 200 is $4,536.75 gross ($23 per square foot). Both suites benefit from the building's amenities, including 133 parking spaces, an elevator, common restrooms, and prominent monument signage on Randall Road. The building is conveniently located just south of I-90, at the corner of Randall and Capital Streets, across from Sherman Hospital. The property is zoned C4 and has a Kane County APN of 03-31-400-048. The building's power supply is 200 amps, and the ceiling height is 9 feet. Minimum divisible space is 2,235 square feet, with a maximum contiguous space of 2,367 square feet.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,940,000
- 6.5%
- $3,635,000
- 7%
- $3,375,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,105,000
- AI Estimate
- $2,243,000
Market price range: $1.58M - $7.28MMarket price range: $807k - $3.31M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,690,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,285,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Kane
- State
- Illinois
- Longitude
- -88.3367
- Latitude
- 42.0713
- 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
$68,363
$575,728
$233,175
$808,903
-
$1,727,184
$699,525
$2,426,709
