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    1397-1501 West Dundee Rd Buffalo Grove, IL 60089

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    For Lease
    $15 SF/Yr

    Neighborhood shopping center with suites for retail, office, and medical.

    Property size:
    22,500 SF
    Lot size:
    22,500 SF

    Property Features for 1397-1501 West Dundee Rd

    General Information

    Size
    22,500 SF

    Source: Olivia Czyzynski Agent Olivia Czyzynski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail, Office, Medical Space Available

    Plaza Verde offers leasing opportunities within a neighborhood shopping center at the intersection of Dundee Road and Arlington Heights Road. Available suites are suitable for storefront retail, professional office, and medical tenants. The center features a tenant mix, high visibility, and access to major roads. Units offer flexible configurations for high-exposure front-facing spaces and functional interior suites, suitable for healthcare, wellness, or administrative uses. On-site parking and signage opportunities are available. The property is located at the intersection of W Dundee Road and Arlington Heights Road, offering visibility and accessibility in Buffalo Grove's retail corridor. The location benefits from foot traffic and a daytime population. Buffalo Grove is a suburb of Chicago known for its demographics, schools, and business environment. The property offers access to IL Route 53, I-294, and Lake-Cook Road, making it suitable for retail, service, and medical users. Suites from 600 to 2,000 square feet are available for retail, medical, office, and service-based tenants. The property size is 22,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo Grove
    County
    Lake
    State
    Illinois
    Longitude
    -87.9895951
    Latitude
    42.1375597

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    FAQs

    What type of property is this?
    Strip mall - Neighborhood shopping center with suites for retail, office, and medical.
    Where is this strip mall located?
    The property is located at 1397-1501 West Dundee Rd Buffalo Grove, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Dundee Road and Arlington Heights Road, providing exceptional visibility and accessibility.; - Versatile suites suitable for retail, medical, office, and service-based tenants.; - Located in affluent Buffalo Grove, surrounded by a dense residential population with high household incomes.
    (312) 676-1862
    Request Owner's contact information
    1397-1501 West Dundee Rd Buffalo Grove, IL 60089
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1397-1501 West Dundee Rd Buffalo Grove, IL 60089
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