554 Randall Rd - Fast Food FOR SALE


South Elgin, IL 60177
$1,550,000 USD
312-548-6822
554 Randall Rd, South Elgin, IL for Sale
$1,550,000 USD
Fast Food - FOR SALE
1/6
null | Request Cap Rate

554 Randall Rd
South Elgin, IL 60177


HIGHLIGHTS

  • Strategic Retail Location
  • Elgin Community College
  • High Traffic Counts
  • Dense and Affluent Demographics
  • Kane County

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a to be vacant single tenant building located at 554 S Randall Road in South Elgin, Illinois (the “Property”). The Property consists of a 2,989 square foot single tenant building on a 1.01-acre (43,996 square foot) parcel of land. The Property is currently occupied by Sippy’s Gyros but will be vacant upon the sale. The Property is zoned B-2 Community Business District, one of the most versatile zoning designations in South Elgin. The Property is strategically located along S Randall Road, one of the area’s primary commercial and commuter corridors. The Property is positioned in the heart of South Elgin’s commercial trade area and is shadow anchored by Target. The area is home to several large shopping centers with national retailers and nationally branded restaurants driving traffic to the area. The location is convenient to major area roadways including US Route 20, & IL Routes 31, 25 and 64, area schools, three hospitals and Elgin Community College. Additionally, the Property is surrounded by affluent residential neighborhoods providing a built-in and robust consumer base. South Elgin is part of the Chicago Metropolitan area and is located 40 miles northwest of Chicago.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$519 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skippy's Gyros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

B-2

APN/PARCEL ID

09-05-479-026

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.