# 40 Acres Randall Road, Elgin, IL 60123

> **TL;DR:** land, $10,000,000. Est. $53,482/mo. Listed 1059 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $10,000,000 |
| Lot Size | 1,759,824 sqft (40.40 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 1059 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $50,565 |
| Estimated Insurance | $2,917 |
| **Total** | **$53,482** |

## Property Highlights

- 40.40 acre lot

## Description

### Agent Description
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

## Location

- **Address:** 40 Acres Randall Road, Elgin, IL 60123
- **County:** Kane
- **Coordinates:** 41.997801, -88.337667
- **Google Maps:** https://www.google.com/maps?q=41.997801,-88.337667

## Listing Agent

- **Name:** Daniel Flanagan
- **Brokerage:** Flanagan Realty
- **Phone:** (630) 388-8522
- **Broker Phone:** (630) 388-8522
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/40-Acres-Randall-Rd_Elgin_IL_60123_M78865-61300?f=listhub&s=MREDIL&m=11916080&c=propsimple)

## Photos

![40 Acres Randall Road - Photo 1](http://lh.rdcpix.com/2204536311279287584ce7b4d935f43dl-f2944830648r.jpg)

![40 Acres Randall Road - Photo 2](http://lh.rdcpix.com/2204536311279287584ce7b4d935f43dl-f2386561956r.jpg)

![40 Acres Randall Road - Photo 3](http://lh.rdcpix.com/2204536311279287584ce7b4d935f43dl-f2218166288r.jpg)

---

**MLS#:** 11916080 | **Updated:** 2026-05-31
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/40-acres-randall-road-elgin-il-60123-11916080)

---

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