Active

Price increase: $750K (1/15)

$10,000,000

40 Acres Randall Rd, Elgin, IL 60123

--beds

--baths

40.4Acres

Unimproved Land

Built in ----

40.4 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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

861 days

62

0

Facts & features

Property

Features

Frontage length: 1500

Lot

Size: 40.4 Acres
Dimensions: 1500X1200

Details

Additional parcels included: 0633100014,0633100004,0632200029
Parcel number: 0633100004
Zoning: AGRIC
Special conditions: None

Utilities & green energy

Utilities for property: Sewer Nearby, Water Nearby

Community & HOA

Location

Region: Elgin

Financial & listing details

Annual tax amount: $10,060
Date on market: 10/25/2023
Ownership: Fee Simple
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,847/mo

Price history

Date	Event	Price
1/15/2026	Price change	$10,000,000+8.1%
Source: MRED as distributed by MLS GRID #11916080 Report a problem
9/29/2025	Listed for sale	$9,250,000
Source: MRED as distributed by MLS GRID #11916080 Report a problem
8/7/2025	Contingent	$9,250,000
Source: MRED as distributed by MLS GRID #11916080 Report a problem
10/25/2023	Listed for sale	$9,250,000+38.1%
Source: MRED as distributed by MLS GRID #11916080 Report a problem
4/16/2021	Listing removed	--
Source: MRED as distributed by MLS GRID #09914655 Report a problem
12/26/2020	Contingent	$6,696,000
Source: MRED as distributed by MLS GRID #09914655 Report a problem
12/26/2020	Pending sale	$6,696,000
Source: Flanagan Realty LLC. #09914655 Report a problem
4/15/2019	Price change	$6,696,000+26.8%
Source: Flanagan Realty LLC. #09914655 Report a problem
4/13/2018	Listed for sale	$5,279,472
Source: Flanagan Realty LLC. #09914655 Report a problem

Public tax history

Tax history is unavailable.

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: North Country Knolls

Getting around

62 / 100

Somewhat Walkable

34 / 100

Some Transit

52 / 100

Bikeable

Nearby schools

GreatSchools rating

5/10
Hillcrest Elementary School
Grades: K-6Distance: 0.9 mi
2/10
Kimball Middle School
Grades: 7-8Distance: 0.4 mi
2/10
Larkin High School
Grades: 9-12Distance: 0.4 mi

Schools provided by the listing agent

District: 46

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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