Financial
Distress signals
Property profile

1621 Randall Rd Algonquin, IL 60102

OFF-MARKET
Commercial real estate
Property ID
US28-3180406
39,600 SF Built 2007
Last sale Sep 2019 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 41,034-square-foot retail property is located at 1621 Randall Rd in Algonquin, Illinois, within Kane County (zip code 60102). The single-tenant building sits on a substantial 3.53-acre lot, offering significant redevelopment potential, including possibilities for multi-family housing. Currently, the entire space is vacant, presenting a unique opportunity for a wide range of businesses. The property benefits from a strong co-tenancy, surrounded by major retailers such as

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$98k
Tax billed · 2022
Assessed value$1.14M
Assessed land$258k
Assessed improvement$880k
Effective rate8.64%

Value estimate

· Sep 2026
$720k
$648k – $792k
Sales comparison$3.11M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$69 – $161
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.9
Wholesale Shop9.2
Storage Facility9.2

Location

1621 Randall Rd Algonquin, IL 60102-5923
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
811 Harrison, Algonquin, IL 60102-2309 $4,000,000 Feb 2026 16,982 SF
Algonquin, IL 60102 $7,417,000 Apr 2025 8,013 SF
1650 Algonquin, Algonquin, IL 60102-9669 $700,000 Mar 2025 8,731 SF
1493 Randall, Algonquin, IL 60102-5918 $4,340,000 Mar 2025 13,898 SF
2140 Lk Cook, Algonquin, IL 60102-5447 $1,075,000 Mar 2025 9,570 SF
800 Algonquin, Algonquin, IL 60102-3008 $925,000 Sep 2024 3,276 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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