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1000 N Randall Rd

509,340 SF Speciality Building Offered For Sale in Elgin, IL 60123

Investment Highlights

  • 509,340 RSF Total with Surplus Land for Development or Expansion
  • 2 Existing Commercial Buildings
  • 2 miles from 4-way interchange at I-90
  • 81.79 Acres
  • Amenities: 2,100 seat auditorium, athletic center, production studios, training rooms, cafeteria with full kitchen, visitor café
  • Close proximity to Advocate Sherman Hospital

Executive Summary

82-acre high image campus redevelopment near I-90. The property is currently improved with several structures including a 349,340 SF HQ facility, a 950+ car parking garage, and a 160,000 SF Multi-Purpose facility.
Per municipal code, Planned Community Facility zoning district permitted uses include governmental, recreational, educational, health, social, religious, and transportation services to the community on a for-profit or on a not-for-profit basis.
HQ Building
Approx. 42 existing classrooms and 78 offices
Elevators: 4
Loading: one exterior loading dock and one recessed dock
Roof: 38 years old, original roof.
HVAC: Approx. 15-year-old boiler system and chillers. One of the chillers is rebuilt.
Parking Garage
Entry clear height: 7’ 10”
Multi-Purpose Building (bldg 2)
Loading: None

Property Facts

Sale Type Investment or Owner User
Property Type Speciality
Building Class B
Lot Size 42.32 AC
Building Size 509,340 SF
Number of Floors 4
Year Built/Renovated 1993/2003
Parking Ratio 2.75/1,000 SF
Parcel Number 06-08-200-024
  • Listing ID: 30496801

  • Date on Market: 02/01/2024

  • Last Updated:

  • Address: 1000 N Randall Rd, Elgin, IL 60123

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