# 500 S RANDALL Road, Elgin, IL 60123

> **TL;DR:** land, $2,350,000. Est. $12,568/mo. Listed 3741 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,350,000 |
| Lot Size | 784,080 sqft (18.00 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 3741 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $11,883 |
| Estimated Insurance | $685 |
| **Total** | **$12,568** |

## Property Highlights

- 18.00 acre lot

## Description

### AI Summary
This 18.00-acre land property has 0 bedrooms and 0 bathrooms and is offered at $2,350,000. Located along S Randall Road in Elgin, the parcel adjoins the Otter Creek Shopping Center on its south end. The city is open to retail or commercial development along the frontage of the land, with multifamily apartments considered for the rear portion. This potential frontage-and-rear development layout provides a basis for exploring different uses across the property, subject to applicable city review and approvals. The land is located in Elgin and is within the 301 School District. With its Randall Road location and adjacency to an established shopping center, the property may be suited for buyers evaluating a combined commercial and multifamily development opportunity. The parcel is offered as land only, with no bedrooms, bathrooms, or existing residential improvements identified in the provided listing facts.

### Agent Description
PRIME 18 ACRES ALONG RANDALL ADJOINING THE OTTER CREEK SHOPPING CENTER ON THE SOUTH END. THE CITY IS OPEN TO RETAIL/COMMERCIAL ON THE FRONTAGE OF THIS LAND AND MULTI-FAMILY APARTMENTS ON THE REAR. LOCATED IN 301 SCHOOL DISTRICT.

## Location

- **Address:** 500 S RANDALL Road, Elgin, IL 60123
- **County:** Kane
- **Coordinates:** 42.022389, -88.340402
- **Google Maps:** https://www.google.com/maps?q=42.022389,-88.340402

## Listing Agent

- **Name:** Ben Henrikson
- **Brokerage:** Patron, Inc (dba RE/MAX Horizon)
- **Phone:** (630) 215-6600
- **Broker Phone:** (630) 215-6600
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/500-S-Randall-Rd_Elgin_IL_60123_M87006-59812?f=listhub&s=MREDIL&m=09264702&c=propsimple)

## Photos

![500 S RANDALL Road - Photo 1](http://lh.rdcpix.com/bb0c1c39c9f1b7957957997a701565b7l-f757330853r.jpg)

![500 S RANDALL Road - Photo 2](http://lh.rdcpix.com/bb0c1c39c9f1b7957957997a701565b7l-f2518098765r.jpg)

![500 S RANDALL Road - Photo 3](http://lh.rdcpix.com/bb0c1c39c9f1b7957957997a701565b7l-f294076604r.jpg)

![500 S RANDALL Road - Photo 4](http://lh.rdcpix.com/bb0c1c39c9f1b7957957997a701565b7l-f1584747196r.jpg)

![500 S RANDALL Road - Photo 5](http://lh.rdcpix.com/bb0c1c39c9f1b7957957997a701565b7l-f2905339467r.jpg)

---

**MLS#:** 09264702 | **Updated:** 2026-07-06
**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/500-s-randall-road-elgin-il-60123-09264702)

---

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