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    1145-1217 Mchenry Rd Buffalo Grove, IL 60089

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    For Lease
    $20 SF/Yr ($725 /Mo)

    Two-story shopping center with retail and office spaces for rent.

    Property size:
    435 SF
    Lot size:
    3.68 Acres

    Property Features for 1145-1217 Mchenry Rd

    General Information

    Size
    435 SF
    Lot size
    3.68 Acres

    Source: Matanky Realty Group Agent David Cordova

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

    Overview

    Buffalo Grove Retail/Office Space

    This two-story shopping center is located in a densely populated residential area of Buffalo Grove. The property features 1,747 square feet of first-floor retail space and second-floor office spaces ranging from 300 to 1,721 square feet. The center is well maintained, with property management on site. Situated off McHenry Road, the location benefits from high visibility with over 30,000 vehicles per day. Current tenants include a barbershop, dentist, Rosatis, State Farm, and Falafel Makers. The center is adjacent to a Dunkin Donuts and Casey's gas station, which contributes to high foot traffic. Pylon signage is available. The property offers modern, professional spaces with versatile floor plans and ample parking. It provides easy access to major highways and a welcoming environment for employees and clients. This location presents a prime opportunity for office or retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency 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
    -87.9820979
    Latitude
    42.1737962

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    FAQs

    What type of property is this?
    Shopping center - Two-story shopping center with retail and office spaces for rent.
    Where is this shopping center located?
    The property is located at 1145-1217 Mchenry Rd Buffalo Grove, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location with **30,000+ vehicles per day on McHenry Road.**; - Located in a densely populated, upscale residential area.; - On-site property management and well-maintained center.
    (312) 337-1001
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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
    1145-1217 Mchenry Rd Buffalo Grove, IL 60089
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