Randall Rd - Commercial LAND FOR SALE


Elgin, IL 60123- Southwest Elgin1,759,824 SF
$10,500,000 USD
630-388-8522
Randall Rd, Elgin, IL for Sale
$10,500,000 USD
Commercial LAND - FOR SALE
1/5
1,759,824 SF


HIGHLIGHTS

  • Signalized intersection with over 39,600 vehicles per day
  • Over 1,400 feet of Randall Road frontage for maximum exposure
  • Adjacent to Sam’s Club and Walmart with potential shared access
  • Sewer and water utilities located along the north property line
  • Flexible mixed-use potential with strong surrounding demographics

OVERVIEW

Unlock a rare development opportunity in one of Elgin’s most dynamic growth corridors with this ±40.4-acre mixed-use site at the northwest corner of Randall Road and Hopps Road. Positioned at a signalized intersection along Randall Road—a major retail artery with nearly 40,000 vehicles per day—this property offers exceptional visibility and access for a wide range of commercial and residential uses. The site features over 1,400 feet of frontage on Randall Road and approximately 1600 feet on Hopps Road, creating multiple access points and design flexibility. Sewer and water utilities are adjacent to the property, and no wetlands or floodplain restrictions exist, streamlining the entitlement and development process. The location is surrounded by national retailers, including Sam’s Club and Walmart, with potential for shared access to drive additional traffic and connectivity. Currently zoned agricultural in Kane County, the property is slated for future annexation to Elgin, opening the door for mixed-use development. A prior concept plan envisions a vibrant community with commercial pads, townhomes, mid-rise multifamily, and assisted living—all supported by strong demographics. Within a five-mile radius, the population exceeds 138,000 with median household incomes approaching $90,000, ensuring robust demand for retail, residential, and service-oriented uses. Priced at $4.00 per square foot or subject to offer, this site represents a strategic investment for developers seeking scale, visibility, and growth potential in the heart of Elgin’s retail corridor. Whether your vision includes a power center, lifestyle retail, or a mixed-use community, this property delivers the location and infrastructure to make it happen.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/ACRE

$259,901/AC

PRICE/SF

$6 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Apartment Units - Condo, Single Family Development

LAND ACRES

40.4 AC

LAND SF

1,759,824 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

AG

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dan FlanaganFlanagan RealtyMore Info
630-388-8522

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Dan FlanaganFlanagan RealtyMore Info
630-388-8522

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