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2375-2399 S Randall Rd
Algonquin, IL 60102
Broadsmore Plaza · Retail Property For Sale

Investment Highlights

  • 88 Percent Occupied Shopping Center with Excellent Mix of Tenants
  • Priced Well-Below Replacement Cost at Only $137.75 per Square Foot for the Building
  • Positioned Along Randall Road which Features Daily Traffic Counts of 32,700 Vehicles
  • Opportunity to Add Value Through Leasing the Remaining 1,843-Square Foot End-Cap Space
  • Affluent Demographics | Average Household Income of $142,822 Within One-Mile Radius
  • Modest, Replaceable Rents Averaging $12.49 per Square Foot Offering an Investor Additional Security

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
15,579 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
2.16 AC
Parking
79 Spaces (5.07 Spaces per 1,000 SF Leased)
Frontage
320’ on Randall Rd

Amenities

  • Corner Lot

Property Taxes

Property Taxes

Parcel Number
03-08-103-003
Land Assessment
$350,573
Improvements Assessment
$326,595
Total Assessment
$677,168
  • Listing ID: 23250597

  • Date on Market: 6/1/2021

  • Last Updated:

  • Address: 2375-2399 S Randall Rd, Algonquin, IL 60102

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