1621 Randall RdAlgonquin, IL 60102

Property Details for 1621 Randall Rd

Year built

2007

Property size (Sq ft)

39,600 SF

Property type

Commercial real estate

APN

03-05-101-026

APU

305101026

Description

This exceptional 41,034-square-foot retail property is located at 1621 Randall Rd in Algonquin, Illinois, within Kane County (zip code 60102). The single-tenant building sits on a substantial 3.53-acre lot, offering significant redevelopment potential, including possibilities for multi-family housing. Currently, the entire space is vacant, presenting a unique opportunity for a wide range of businesses. The property benefits from a strong co-tenancy, surrounded by major retailers such as Target, Walmart, Trader Joe's, Aldi, Dick's Sporting Goods, Pottery Barn, DSW, Nordstrom Rack, Best Buy, Binny's, TJ Maxx, Floor & Décor, Five Below, and Petco. This high-traffic location makes it ideal for businesses in grocery, medical, entertainment, furniture, design, fashion, or fitness sectors. The property's size and location provide excellent visibility and accessibility, ensuring high customer traffic. The substantial lot size offers flexibility for future expansion or redevelopment projects. This is a rare opportunity to acquire a significant retail space in a thriving commercial area with strong existing co-tenancy and substantial redevelopment potential. The property is classified as commercial retail and is a single-tenant building.

• Alternative Use

  Use

  Valuation

  Residential

  $8,184,286

  Hospitality

  $7,496,762

  Educational

  $6,237,218

  Medical

  $6,451,726

  Retail

  $9,702,339

Location Insight

City

Algonquin

County

Kane

State

Illinois

Latitude

42.1508

Longitude

-88.3323

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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