2500 N Randall Road, Elgin, IL

$4,435,000

Overview

  • 716518
  • Property ID
  • Updated On:
  • May 5, 2026

Description

Fully leased, four-tenant retail center anchored by Chipotle with a drive-thru, offering a strong, stable investment opportunity in a high-demand Chicago suburban corridor. The property features long-term leases with built-in rental increases, delivering reliable cash flow and future income growth. Strategically positioned at a signalized hard corner just off I-90, the center benefits from excellent visibility and combined traffic counts exceeding 150,000 vehicles per day. The surrounding area is densely populated, with over 115,000 residents and average household incomes exceeding $155,000 within a one-mile radius. Located in a rapidly growing trade area with a strong daytime population, this asset presents a compelling opportunity for investors seeking a low-management, income-producing retail property in a premier location.

Climate Control
Air Conditioning
Other Features
Central Air
Service - 101 to 200 Amps

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$22,739.12
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 17,195.37

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Information for the property at 2500 N Randall Road, Elgin, IL, 60124 (Property ID: 716518) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi