2500 North Randall Road

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2500 North Randall Road

Elgin, IL 60123
Asking Price
$4.43M
Cap Rate
5.75%
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 2500 North Randall Road in Elgin, Illinois
  • Retail investment property currently listed for 4435000 dollars
  • Asset features a verified cap rate of 5.75 percent
  • Property is currently maintained at 100 percent lease occupancy
  • Strategically positioned near the I-90 regional transit corridor

What's Special

Elgin serves as a significant commercial hub in the Chicago metropolitan area, characterized by its steady growth and strategic connectivity along the I-90 corridor. The retail center situated at 2500 North Randall Road benefits from high visibility and proximity to regional transit routes, positioning it well within a dense and active suburban marketplace. This fully leased retail asset offers a stable investment profile for those seeking income-producing properties in a established Illinois submarket. Investors and business owners often target these Randall Road locations for their consistent consumer traffic and accessible site layouts. The configuration of this center supports diverse retail uses, making it a functional addition to a commercial portfolio. With the property currently operating at full occupancy, it represents an established site within this dynamic sector of the Elgin economy.

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NOI
$80,000
Cap Rate
1.80%
DSCR
0.30
Underwater
Cash-on-Cash
-13.78%
Monthly Payment
$21,941.96
Annual Cash Flow
$-183,303.522

Location & Travel Times