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$4,435,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 7,896 Sq. Ft.
  • Updated 1 day ago
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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.

Full Property Details for 2500 N Randall Rd

General

  • Price: $4,435,000
  • Taxes: $74,940 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12639170
  • Updated: 5/5/2026
  • Added to Site: 2 day(s) ago

Business

  • Business Type: Retail

Additional Information

  • Security/Safety: Sprinklers

Location

  • Area: Elgin
  • County: Kane
  • Driving Directions: 2500 Randall Rd is just off Randall Road in Elgin-head north or south on Randall, then turn into the plaza near the major retail corridor by I-90.

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Structural Information

  • Ceiling Height: 14
  • Stories/Levels: 1
  • Square Feet: 7,896
  • Year Built: 2019

Unit Information

  • # Tenants: 4

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Assoc Fee Freq.: Annually
  • Security Deposit: Sprinklers
  • Assessment Year: 2019
  • Tax Amount: $74,940
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 330227057

Listed by Premier Commercial Realty

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— 2500 N Randall Rd —

  • Premier Commercial Realty

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 2500 N Randall Rd

School District:Community Unit School District 300
NameGradesDistance
Sleepy Hollow Elementary School
898 Glen Oak Drive, Sleepy Hollow, IL 60118
K-51.4 mi
Dundee Middle School, Dundee, IL
4200 West Main Street, Dundee, IL 60118
6-80.8 mi
Harry D Jacobs High School
2601 Bunker Hill Drive, Algonquin, IL 60102
9-125 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2500 N Randall Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Listed
$4,435,000
9.78%
MLS
12/15/2022
Sold
$4,040,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2500 N Randall Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$70,917
4%
$914,764
11%
2023
$68,421
74%
$823,073
77%
2022
$39,362
24%
$465,745
30%
2021
$31,679
—
$358,051
-34%
2021
$31,679
-1%
$541,076
57%
2019
$31,900
-3%
$344,652
2%
2018
$32,769
—
$337,828
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2500 N Randall Road, Elgin, IL 60124 (MLS# 12639170) is a Commercial property. 2500 N Randall Road is currently listed for $4,435,000 and was received on May 05, 2026. Want to learn more about 2500 N Randall Road? Do you have questions about finding other Commercial real estate for sale in Elgin? You can browse all Elgin real estate or contact a Coldwell Banker agent to request more information.

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