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  1. Commercial Properties
  2. IL
  3. Elgin

2500-2510 N. Randall Rd.

For Sale

2500 North Randall Road, Elgin, IL 60123

Just off Randall Rd in Elgin - Head north or south on Randall, turn into the plaza near the major retail corridor by I-90Randall Rd / I-90 Retail Center 7,896 SF The Randall Road/I-90 Retail Center presents a premier investment opportunity in Elgin, Illinois. Built in 2019, this 7,896 SF multi-tenant retail property is 100% occupied by four tenants, including nationally recognized brands such as Chipotle (with drive-thru) and Verizon, alongside Poke West and Tabla Express. The property sits on 1.93 acres and offers 95 parking spaces, outdoor patios, and multiple signage opportunities, enhancing visibility and customer convenience. The center is strategically located at a signalized intersection along Randall Road, a high-traffic corridor with over 45,000 vehicles per day, and just off I-90, which sees approximately 105,000 vehicles daily. This location provides direct access to downtown Chicago via I-90 or METRA and is surrounded by major corporate parks, healthcare facilities, and residential developments, including the adjacent Watermark at the Grove luxury apartments. With a purchase price of $4,435,000 and a cap rate of 5.75%, the property generates a strong NOI of $254,939, supported by long-term leases with built-in rent escalations. Minimal landlord responsibilities and a robust trade area with strong demographics make this a stable, income-producing asset in a rapidly growing suburban market.

Building Details

  • For Sale $4,435,000
  • Property Type Retail - Strip
  • Property Size 7,896 SF
  • Units 4
  • Lot Size 1.93 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 2019
  • Date Updated Sep 16, 2026
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Contacts

broker
Mike Deacon

Premier Commercial Realty

Location

  • City Elgin, IL
  • Neighborhood Northwest Business Park
  • Zip Code 60123
  • Market Chicago
  • Map
  • Street
  • Walk score 30/100 Car-Dependent
  • Transit score 21/100 Minimal Transit
  • Bike score 34/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Big Timber Road

2.51 miles

Elgin

4.80 miles

Cary

9.31 miles

Fox River Grove

9.33 miles

Pingree Road

9.86 miles

Shell

0.23 miles

7-Eleven

1.47 miles

Woodman's

1.70 miles

Mobil

1.73 miles

Volta

2.25 miles

Tesla Supercharger

5.30 miles

EVgo

7.51 miles

Pace I-90 & Randall Road Park-n-Ride

0.88 miles

Jelkes Creek Bird Sanctuary parking

1.74 miles

Volunteer Parking

1.76 miles

Raceway Woods Forest Preserve trailhead southwest

1.82 miles

Trailhead @ Salamander Springs

2.07 miles

Big Timber Road Commuter Parking

2.41 miles

Raceway Woods Forest Preserve trailhead east

2.59 miles

Park parking

2.70 miles

East Dundee public parking

3.17 miles

Private Parking

3.18 miles

Woodman's Markets

1.75 miles

Hot Masala Grocery

1.91 miles

Jewel-Osco

1.91 miles

Spring Hill Mall (former)

2.26 miles

Spring Hill Fashion Corner

2.38 miles

ALDI

2.46 miles

Butera Market

2.73 miles

Algonquin Commons

3.81 miles

Walmart

3.95 miles

Ross

3.98 miles

Listing Summary

  • Property Financials

    2500 North Randall Road is currently listed for sale at $4,435,000 for a price per square foot of $561.68.

  • Property Details

    2500 North Randall Road totals 7,896 square feet of Retail space on a lot spanning 1.93 acres. The property was initially built in 2019.

    Tenancy at 2500 North Randall Road is listed as Multi-Tenant, comprising a total of 4 units.

  • Area Characteristics

    2500 North Randall Road is located in the Northwest Business Park neighborhood.

    In terms of ease of commuting, the area has a walk score of 30, indicating that it is car-dependent.

Contact Mike Deacon
broker
Mike Deacon

Premier Commercial Realty

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