Current Properties for Lease

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Our portfolio includes properties of all commercial uses in Minnesota, Wisconsin and Illinois. 

 
The Grove at Randall

The Grove at Randall

Randall Road and Northwest Parkway, Elgin IL
The Grove is a unique development within Northwest Metro-Chicago and truly is "A Great Place to Meet," consisting of a 45-acre mixed use restaurant, retail, office and hotel development. Read more
The Grove at Randall I

The Grove at Randall I

2300 - 2310 Randall Road, Elgin IL
A 5,600 square foot, high visibility, multi-tenant building. Read more
The Grove at Randall III

The Grove at Randall III

2480 - 2484 Randall Road, Elgin IL
A 6,400 square foot, high visibility, multi-tenant building. Read more
The Grove at Randall XIA

The Grove at Randall XIA

2486 - 2490 Bushwood Drive, Elgin IL
An 18,814 square foot, two-building retail project. Read more
Prairie Business Park

Prairie Business Park

41 - 92 Prairie Parkway, Gilberts IL
Prairie Business Park, an affordable business address with amenities in a park-like setting. Read more
Prairie Business Park I

Prairie Business Park I

64 - 92 Prairie Parkway, Gilberts IL
A 30' clear height 100,000 square foot precast industrial building. Read more
Prairie Business Park II

Prairie Business Park II

41-59 Prairie Parkway, Gilberts IL
A 30' clear height 203,000 square foot precast industrial building. Read more
Prairie Business Park III

Prairie Business Park III

Arrowhead Drive, Gilberts IL
A 32' clear height 276,000 square foot precast industrial building with Interstate 90 exposure. Read more
Prairie Business Park IV

Prairie Business Park IV

Arrowhead Drive, Gilberts IL
A 32' clear height 276,000 square foot precast industrial building with Interstate 90 exposure. Read more

Experience

Properties We've Developed

Latest News

IPIL is pleased to announce the sale of four properties:  Prairie Business Park I, Prairie Business Park II, The Grove at Randall I, and The Grove at Randall III!

Sub-Zero Group, Inc. leased the remaining space at Prairie Business Park III bringing their total suite to 275,265 SF.

Sub-Zero Group Inc. signed a 225,000 square foot long-term lease at Prairie Business Park III, located at 200-290 Burnet Drive. The Madison, WI-based luxury appliance manufacturer and distributor is consolidating two facilities when it relocates to Prairie Business Park. Sub-Zero was represented by Tim Rikkers of Cresa Partners. Prairie Business Park III is a 275,000 square-foot facility featuring precast construction, 32' clear height, and 40 docks in a cross-dock configuration.

WESCO Distribution, Inc. signed a 67,000 square-foot long-term lease at Prairie Business Park II, a 203,000 square-foot property located at 41-59 Prairie Parkway. WESCO is a Fortune 500 leader in industrial supply with an extensive offering of electrical, data communications, general maintenance, repair, and operating (MRO) and electrical OEM products.

The City of Elgin approved IPIL’s Watermark at The Grove, a 258-unit luxury apartment development with significant above-standard amenities!

IPIL is pleased to announce the sale of Huntley Regency, a five-building 43,350 SF retail center located on Highway 47 in Huntly, IL, that included Starbucks, ALDI, Hollywood Nails, Rookie’s All American Pub & Grill, Little Caesars, Jimmy John’s, Brunch Café, Sport Clips, Sleepy’s, and Athletico!

In Illinois, finishing touches are being completed on the retail land (accommodates restaurants, retail, office, and guest convenience users) for Prairie Business Park!  For leasing information, please click the following:  Video Link