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Listing provided courtesy of Flanagan Realty, LLC.MREDas Distributed by MLSGrid- MLS# 11916080MLS Provider

40 Acres Randall RoadElgin, IL 60123

Vacant Land · 40.40 Acres
$10,000,000 Active

40 Acres Randall Road Overview

Time on Site:
978 days
Visits:
10

Exceptional mixed use development opportunity! Potential for combination of commercial and multi-family. Rare Randall Road location with 40,000 vehicles per day at a full signalized intersection. Ideal location for strip center, fast food, gas station, convenience store, sit down restaurants, auto sales, etc. Sewer and water adjacent, ready to develop! Adjacent to Sam's & Walmart with possible shared access. Potentially divisible. +/-40.4 acres

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40 Acres Randall Road Facts & Features

  • Type Vacant Land
  • Lot 40.40 Acres

Details

General

School Information

  • School District: 46

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Elgin
  • Township: Elgin

Tax Information

  • Tax Annual Amount: $10,060.36
  • Tax Year: 2022

General Information

  • Ownership: Fee Simple
  • Parcel Number: 0633100004
  • Possible Use: Commercial
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: AGRIC

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 1500
  • Frontage Type: County Road
  • Lot Size Acres: 40.4
  • Lot Size Dimensions: 1500X1200
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Sewer Nearby,Water Nearby

40 Acres Randall Road Neighborhood

Community

60123 (ELGIN) Demographics

37
Median Age
3,547
Population Density (per sq. mile)
33%
College Educated
$69,971
Estimated Median Income
11,675
Estimated Total Home Owners
5,640
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

40 Acres Randall Road Monthly Cost

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$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

40 Acres Randall Road Market Data

Based on the last 30 days in this zip code

$347,658
Average List Price
$200
Average Price per Square Foot
33
Properties Sold
37
Average Days on Market
96
Properties for Sale
Calculations provided by Reliance Network

40 Acres Randall Road History

Date Event Value Agent
1/20/2026Source: MRED Status Change
Active
1/15/2026Source: MRED Price Increase
$10,000,000 8.1%
1/15/2026Source: MRED Status Change
Price Change
10/4/2025Source: MRED Status Change
Active
9/29/2025Source: MRED Status Change
Re-activated
8/7/2025Source: MRED Status Change
Contingent