Retail Space / Illinois / Algonquin / 60102 / 1531 South Randall Road

1531 South Randall Road

Q: What is the asking price for 1531 South Randall Road in Algonquin?

The asking price for 1531 South Randall Road is $2,553,846

Q: What is the building size of this Retail property in Algonquin, IL?

The size of the building/unit at 1531 South Randall Road in Algonquin is 4,000 square feet.

Q: How much land does the Algonquin, IL property at 1531 South Randall Road include?

1531 South Randall Road in Algonquin includes 1.410 acres of land.

Q: What kind of Retail is the propery at 1531 South Randall Road?

The property at 1531 South Randall Road Algonquin, IL 60102 is listed as a Shopping Center Retail property.

Q: What is the population within 1 mile of 1531 South Randall Road?

The population within 1 mile of 1531 South Randall Road Algonquin, IL 60102 is 6,395 people.

Q: Who do I contact for questions about 1531 South Randall Road?

You should contact the listing agent, Jeffrey Hirschfeld, for any details regarding this commercial listing.

Algonquin, IL 60102

Listing ID: 262397

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Building Size: 4,000 SF

Lot Size: 1.410 AC

Land Size: 61,248 SF

Building $/SF: $638.46

Land $/SF: $41.70

Price

$2,553,846

Property Highlights

Rent for Years 11-15 option 1 is $50.22 sf NNN, or $200,880 annually

CAM, Tax and Insurance fully reimbursable by Tenant

Bountiful parking with approximately 97 parking spaces dedicated to Sleep Number

High Income Trade Area

Rent for Years 16-20 option 2 is $55.25 sf NNN, or $220,960 annually

Hard corner location at signalized Intersection

High Quality Design

Building is used for display and retail sale of both mattress and air controlled mattress systems and accessories

Description

Build to Suit for Sleep Number in 2016 after relocating from inline space across the street, showing commitment to the trade area. Sleep Number Corporate, based in Minneapolis, Minnesota was founded in 1987. It has approximately 550 company owned stores today and publicly traded on the NASDAQ Stock Market. The company's Sleep Number bed offers proprietary Sleep IQ technology sensors that work directly the the bed's DUALair technology to monitor each individual's sleep. Sleep Number also offers FlexFit adjustable bases, Sleep Number pillows, sheets and other bedding products.

Attachments & Files

sleepnumber-CwG-2qN.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Naperville History of Retail Space for Sale

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Listing Demographics for 1531 South Randall Road Algonquin, IL 60102

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		6,395	60,591	153,657
Population Median Age		39	37	37
Population by Age	0-9 Yrs	762 (11%)	7313 (12%)	20359 (13%)
	10-19 Yrs	897 (14%)	9352 (15%)	23609 (15%)
	20-29 Yrs	852 (13%)	7514 (12%)	18783 (12%)
	30-39 Yrs	674 (10%)	7148 (11%)	19126 (12%)
	40-49 Yrs	910 (14%)	9696 (16%)	23762 (15%)
	50-59 Yrs	1021 (15%)	9481 (15%)	22502 (14%)
	60-69 Yrs	688 (10%)	6131 (10%)	14941 (9%)
	70+ Yrs	589 (9%)	3957 (6%)	10576 (6%)

Median HH Income		$107,579	$97,956	$93,528
Total Household Income	< 24K	195 (8%)	1616 (7%)	4764 (9%)
	25-49K	307 (13%)	2585 (12%)	6935 (13%)
	50-74K	327 (13%)	3625 (17%)	8913 (16%)
	75-99K	271 (11%)	3060 (14%)	7647 (14%)
	100-199K	877 (37%)	7732 (36%)	18732 (35%)
	200K+	365 (15%)	2654 (12%)	5569 (10%)

Highest Education Level	No Diploma	249	2128	8103
	Diploma or GED	828	8498	21750
	Some College	972	8719	22434
	Assoc. Degree	333	3983	9389
	Bachelors Degree	1351	11755	26744
	Higher Degree	662	4856	11528

Total Housing Units		2,394	21,922	54,757
--Owner-Occupied		2,011	17,868	43,009
--Renter-Occupied		331	3,404	9,552
Owner-Occupied Values	< 100K	32	538	2064
	100-199K	422	5046	12991
	200-299K	720	7239	17476
	300-399K	719	3899	7626
	400-499K	88	739	1854
	500K+	30	407	998

Total Working Age Population		5,199	47,850	118,762
In Work Force		3,909	35,638	87,402
Not In Work Force		1,290	12,212	31,360
Workforce Employed		3,639	34,207	83,625
Workforce Unemployed		270	1,417	3,741
Civlian Workforce		3,909	35,624	87,366
Military Workforce		0	13	35

Total Households		2,342	21,272	52,561
Family Households		1,756	15,986	40,047
Non-Family Households		585	5,285	12,514
Married Couple		1,342	13,359	32,651
Other Family		414	2,627	7,397
Married w/Child		606	6,342	15,954
Single Male w/Child		17	423	1,212
Single Female w/Child		88	872	2,701

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
Kane County	404,119	+28	515,269	+22	630,563	+8	679,403
McHenry County	260,077	+19	308,760	+32	407,931	+9	443,398

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1531 South Randall Road in Algonquin?

The asking price for 1531 South Randall Road is $2,553,846

What is the building size of this Retail property in Algonquin, IL?

The size of the building/unit at 1531 South Randall Road in Algonquin is 4,000 square feet

How much land does the Algonquin, IL property at 1531 South Randall Road include?

1531 South Randall Road in Algonquin includes 1.410 acres of land

What kind of Retail is the propery at 1531 South Randall Road?

The property at 1531 South Randall Road Algonquin, IL 60102 is listed as a Shopping Center Retail property

What is the population within 1 mile of 1531 South Randall Road in Algonquin?

The population within 1 mile of 1531 South Randall Road Algonquin, IL 60102 is 6,395 people.

Who do I contact for questions about 1531 South Randall Road?

You should contact the listing agent, Jeffrey Hirschfeld, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Chicago O'Hare International Airport (ORD)	25
Chicago Rockford International Airport (RFD)	39
Chicago Midway International Airport (MDW)	40