629 S. Randall Road

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629 S. Randall Road

Elgin, IL 60123
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spanning 0.75 acres in Elgin, Illinois
  • Strategically situated with frontage on the busy Randall Road corridor
  • Parcel supports diverse development options for retail or professional services
  • Located within a growing suburban area of the Chicago metro
  • Positioned to serve local residential and existing commercial demographics

What's Special

This 0.75-acre commercial land parcel at 629 S. Randall Road in Elgin, Illinois, represents a strategic acquisition for developers looking to establish a presence in a high-traffic corridor. The site occupies a prominent position within a growing suburban market of the Chicago metropolitan area, characterized by consistent commercial activity and infrastructure development. The property supports a range of potential commercial applications suited to the regional demand for retail, professional office, or service-oriented business space. Investors and developers will find the location well-positioned to serve the dense residential base and existing commercial hubs along the Randall Road artery. Given the accessible nature of the site, it is suitable for businesses requiring visibility and convenient access to major regional thoroughfares. The local economy benefits from a diverse mix of employers and strong connectivity to the broader Chicagoland region, facilitating growth and long-term utility for this commercial tract.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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