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    9500-9520 W Higgins Rd Des Plaines, IL 60018

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    For Sale
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    Multi-tenant retail center in prime commercial area near O’Hare.

    Property size:
    16,246 SF

    Property Features for 9500-9520 W Higgins Rd

    General Information

    Size
    16,246 SF

    Building Details

    Year built
    2003

    Source: Greg Aikens Agent Greg Aikens

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

    Overview

    Retail Center Anchored by Starbucks

    This multi-tenant neighborhood retail center, totaling approximately 16,246 square feet, is anchored by Starbucks and FedEx Office. Situated in a prime commercial area within the O’Hare Airport submarket in Rosemont on Higgins Road, the property benefits from its proximity to approximately 1 million square feet of office space within walking distance and hospitality uses. Historically, the property has maintained strong occupancy with a mix of restaurant, hospitality, and service-based tenants, commanding high rents due to its desirable location. This property presents a great investment or owner-user opportunity.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8631423
    Latitude
    41.9930852

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    FAQs

    What type of property is this?
    Strip mall - Multi-tenant retail center in prime commercial area near O’Hare.
    Where is this strip mall located?
    The property is located at 9500-9520 W Higgins Rd Des Plaines, IL.
    What are key features of this property?
    This property features: - Anchored by Starbucks and FedEx Office; - Prime commercial area within the O’Hare Airport submarket; - Surrounded by approximately 1.0MM square feet of office space within walking distance
    (224) 373-4481
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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
    9500-9520 W Higgins Rd Des Plaines, IL 60018
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