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34467685
34467694

280 North Randall Road, Lake in the Hills, IL 60156 For Sale

DC
IL IL 00000
Brookline Real Estate
CS
IL IL 475.205365
Brookline Real Estate
Listed by Brookline Real Estate
$2,999,000
1 day on market
Updated 1 day ago

Retail Investment Opportunity

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 6,584
Units 2
Cap Rate 6.75%
NOI $202,444
Occupancy 100%
Tenancy Multi
Brand/Tenant Dunkin', Athletico
Lease Type NNN
Price per SqFt $456
Year Built 2005
Buildings 1
Stories 1
Acreage 1.230
Parking Spaces 35 spaces
Parking per 1,000 SqFt 5.32
Investment Type Stabilized
Ground Lease No

Net-Leased Retail Investment | Two National Tenants | Shadow-Anchored by Lowe's & Costco

Investment highlights

A rare opportunity to acquire a 100%-occupied, two-tenant net-leased retail asset on Randall Road — one of the top-performing retail corridors in Illinois and the broader Midwest. The property is shadow-anchored by Lowe's and Costco and surrounded by dozens of national retailers that drive steady regional traffic to its doorstep.

Both tenants are national, e-commerce-resistant operators who have called this location home for over 15 years. Athletico — which ranks among the top 14% of its clinics nationwide — recently extended its corporate-guaranteed lease through 2031, a strong vote of confidence in the site's long-term performance. With triple-net leases in place, embedded rental growth, and a McHenry County tax environment that's notably more favorable than neighboring Cook County, this is a genuinely passive, management-light investment with durable cash flow.

Download the Offering Memorandum for full financials, rent roll, and lease details.

Listing Contacts

DC
IL IL 00000
Brookline Real Estate
CS
IL IL 475.205365
Brookline Real Estate
Listed by Brookline Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$202,444.00
$16,870.33/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Dominick Cannata
License
IL 00000
Name
Corbin Schwartz
License
IL 475.205365
Brokerage
Brookline Real Estate
Title
Investment Broker
Brokerage Address
171 North Aberdeen Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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