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Randall Rd
Elgin, IL 60123
Land For Sale · 40.40 AC

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 40.40 AC
Zoning AG - Agricultural

1 Lot Available

Lot

Price $10,500,000
Price Per AC $259,900.99
Lot Size 40.40 AC
  • Listing ID: 14606412

  • Date on Market: 12/11/2018

  • Last Updated:

  • Address: Randall Rd, Elgin, IL 60123

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