Property profile

400 Randall Rd Dundee, IL 60118

OFF-MARKET
Apartment buildings
Property ID
US28-2923990
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail leasing opportunity offers multiple spaces within high-traffic Meijer stores across the Midwest. Units range from 448 to 916 contiguous square feet, with a total of 1,364 square feet currently vacant. These prime, front-of-store locations provide unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities. Interior and exterior signage opportunities are available for enhanced brand exposure. These spaces are situated in thriving trade areas with desirable demographics, making them ideal for a variety of businesses. Suitable uses include financial institutions, food and beverage establishments, service businesses, health and wellness providers, and more. Multiple vacancies exist in various Midwest locations. This "store-within-a-store" concept offers a unique opportunity to establish a presence in one of the Midwest's most recognizable retail destinations. Contact for details and availability.

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
APN 03-19-277-008
UPID US28-2923990

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Physician
  • Spa & Massage Center Skin Care Clinic
  • Bank Credit Union
  • Tutoring Service

Location

400 Randall Rd Dundee, IL 60118-9228
Dundee metro Census 850103 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$84.90M

Owner & transaction history

since 2022
Last sale
$84.9M
1 recorded transaction
2022
$84.9M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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