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$2,999,000 Just Listed
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Property Description
A rare opportunity to acquire a fully occupied, two-tenant NNN retail asset on Randall Road - one of the top-performing retail corridors in Illinois and the broader Midwest. The property is shadow-anchored by Lowe's and Costco and surrounded by dozens of national retailers that drive steady regional traffic to its doorstep. Both tenants are national, e-commerce-resistant operators who have called this location home for over 15 years. Athletico - which ranks among the top of its clinics nationwide - recently extended its corporate-guaranteed lease through 2031, a strong vote of confidence in the site's long-term performance. With NNN leases in place, embedded rental growth, and a McHenry County tax environment that's notably more favorable than neighboring Cook County, this is a genuinely passive, management-light investment with durable cash flow. Download the Offering Memorandum for full financials, rent roll, and lease details.
Full Property Details
Full Property Details for 280 N Randall Rd
General
- Price: $2,999,000
- Taxes: (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12708340
- Updated: 7/17/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Lake in the Hills
- County: McHenry
- Township: Algonquin
- Driving Directions: Randall Road to Algonquin Road - NW corner
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Square Feet: 6,584
- Year Built: 2005
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Acres): 1.23
- Lot Size (Sq. Ft.): 53,579
- Lot Dimensions: 172' FRONTAGE
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Sprinklers-Wet
- Assessment Year: 2005
- Tax Year: 2024
- Tenant Pays: Common Area Maintenance, Taxes, Insurance
Disclosures and Reports
- Property ID: 1930227076
Listed by Brookline Real Estate LLC
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Schools
Schools serving 280 N Randall Rd
School District:Community Unit School District 300
| Name | Grades | Distance |
|---|---|---|
Lincoln Prairie Elementary School 500 Harvest Gate, Lake in the Hills, IL 60156 | K-5 | 0.4 mi |
Westfield Community School 2100 Sleepy Hollow Road, Algonquin, IL 60102 | K-5 | 2.5 mi |
Harry D Jacobs High School 2601 Bunker Hill Drive, Algonquin, IL 60102 | 9-12 | 1 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 280 N Randall Rd
Date
Details
Price
Change
Source
7/16/2026
Listed
$2,999,000
14.25%
MLS
11/28/2018
Sold
$2,625,000
—
Public Record
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
Tax History for 280 N Randall Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$40,298
4%
$511,591
12%
2023
$38,636
100%
$457,554
2%
2022
-100%
$446,556
7%
2021
$37,470
—
$416,020
4%
2021
$37,470
4%
$401,292
4%
2019
$35,934
4%
$384,085
8%
2018
$34,556
—
$354,813
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 280 N Randall Rd
280 N Randall Road, Lake in the Hills, IL 60156 (MLS# 12708340) is a Commercial property. 280 N Randall Road is currently listed for $2,999,000 and was received on July 16, 2026. Want to learn more about 280 N Randall Road? Do you have questions about finding other Commercial real estate for sale in Lake in the Hills? You can browse all Lake in the Hills real estate or contact a Coldwell Banker agent to request more information.

