Shops of Randall Square

1772-1792 S Randall Rd Geneva, IL 60134

Property Type:
Strip Center
Last Verified:
Jun 21, 2022


  • Value Add Retail/Professional Strip with Strong In-Place Cash Flow
  • 83% Occupancy with Upside Filling Vacancy and Increasing Below Market Rents
  • Internet Proof Tenancy - Mix of National, Regional, and Local Tenants
  • Positioned in the Heart of the Dominant Retail Corridor
  • New Roof in 2021
  • Excellent Demographics


Stabilized retail/professional strip center in the heart of the Randall Rd retail corridor. Significant value add opportunity through lease-up of 4 vacant units comprising 17% of the GLA, and by increasing below-market rents to align with current market conditions.

The Shops of Randall Square includes a diverse mix of strong mix of internet resistant national, regional, and local tenants including Vein Clinics of America, RE/Max, MetroNet, LA Tan, Ju Rin Japanese Restaurant, Nancy's Pizza, Children's Art Classes and more.

The property is located in the heart of the Randall Road retail corridor, the key retail corridor in central Kane County. The property is surrounded by national retailers including Walmart, At Home, Bed Bath & Beyond, Marshalls, Ross, Ashley Home Furniture, Home Depot, Petsmart, Petco, Trader Joe's, Sierra Trading Co, Best Buy, Meijer, and Dicks. The property is just south of Northwestern Medicine's Delnor Community Hospital and Geneva Commons.

Strong demographics with population of 120,000 (5 mile) and average incomes exceeding $100,000 (5 Mile).

Year Built: 1998
Building Size: 41760sq ft
Lot Size: 5.14 acres

Map of 1772-1792 S Randall Rd, Geneva, IL, 60134

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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