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    Elgin, IL
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    Elgin, IL Strip Malls for Sale

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    Wauconda, IL Bartlett, IL Streamwood, IL
    Retail Storefront with High Visibility
    Contact for pricing
    1,600 SF
    Retail Storefront with High Visibility

    263 Randall Road, Elgin, IL 60123

    1,600 SF retail space with prominent road visibility and monument signage, ideal for operators seeking strong storefront exposure.
    • 1,600 SF retail space available for lease on Randall Rd in Elgin
    • Prominent visibility on Randall Rd
    • Monument signage available
    • Co‑tenants include Subway, T‑Mobile, Edible Arrangements, Little Panda, and Tacos Jerez
    Updated: Jun 2
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    Elgin Land Development Opportunity
    $10,000,000
    40.40 Acres
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    40.4 acres on Randall Road, ideal for mixed-use development.
    • Rare Randall Road location with HIGH TRAFFIC (40,000 vehicles per day) at a signalized intersection.
    • Exceptional mixed‑use development opportunity for commercial and multi‑family.
    • Sewer and water adjacent, READY FOR DEVELOPMENT.
    • Adjacent to Sam's Club and Walmart with possible shared access.
    • Ideal location for various businesses (strip center, fast food, gas station, etc.).
    Updated: Oct 24, 2023
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Leased Two-Story Strip Center
    $6,500,000
    17,570 SF
    Fully Leased Two-Story Strip Center

    Prime real estate opportunity in Wheaton, Illinois.

    999 Confidential Street, Wheaton, IL 60187

    View details
    Fully Leased Two-Story Strip Center
    $6,500,000
    17,570 SF
    Fully Leased Two-Story Strip Center

    Prime real estate opportunity with motivated seller.

    999 Confidential Street, Wheaton, IL 60187

    View details
    Schaumburg Retail Center For Sale
    Contact for pricing
    29,621 SF
    Schaumburg Retail Center For Sale

    Multi-tenant retail center on 3.36 acres in Schaumburg, Illinois.

    506-604 W Wise Rd, Schaumburg, IL

    View details
    Schaumburg Commercial Land For Sale
    Contact for pricing
    Schaumburg Commercial Land For Sale

    Located in the 2nd largest economic city in Illinois.

    1821 W Irving Park Rd, Schaumburg, IL 60193

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Corner Commercial Land Available
    $800,000
    1.90 Acres
    Prime Corner Commercial Land Available

    Corner lot suitable for retail development, drive-thru, or subdivision.

    8450 Willow Springs Road, Willow Springs, IL 60480

    View details
    Corner Lot in Beach Park
    $750,000
    1.36 Acres
    Corner Lot in Beach Park

    1.36 acre corner lot with high traffic visibility.

    12640 W WADSWORTH Road, Beach Park, IL 60087

    View details
    Corner Lot Strip Mall Opportunity
    $130,000
    0.16 Acres
    Corner Lot Strip Mall Opportunity

    Ideal corner location for a small strip mall or franchise.

    237 W 79th Street, Chicago, IL 60620

    View details
    Flossmoor Commercial Development Opportunity
    $399,900
    2.53 Acres
    Flossmoor Commercial Development Opportunity

    2.53-acre commercial land parcel in Flossmoor, Illinois.

    19611 Crawford Avenue, Flossmoor, IL 60422

    View details

    Elgin, IL Strip Malls Investment Opportunities Market Analysis

    Explore 2 strip malls for sale in Elgin, IL on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $10,000,000.

    Sale prices for retail strips in Elgin, IL start at $0.00, averaging $5,000,000, and reaching up to $10,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Automotive properties 8
    Shopping centers 8
    Auto shops 4
    Storefront properties 4
    Showrooms 2

    Demographics Overview

    Population 124K
    Population Growth (5Y) +2.9%
    Median Household Income $93,679
    College Educated 31.3%

    High-Yield Neighborhoods for Investment

    Identify Elgin submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60123 $10M

    Taxes & Financing

    Tax Rate (average for all types) 9.70%
    Property Tax per SF $55.97 per sq ft
    Average Loan-to-Value 65.0%

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