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    1000 E Higgins Rd Elk Grove Village, IL 60007

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    For Lease
    $2,700 /Mo ($23 SF/Yr)

    Retail units available in Elk Grove Village with high visibility.

    Property size:
    1,373 SF
    Lot size:
    3.11 Acres

    Property Features for 1000 E Higgins Rd

    General Information

    Size
    1,373 SF
    Lot size
    3.11 Acres

    Source: Colliers | Chicago Rosemont Agent Brad Belden

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

    Overview

    Retail Spaces on Higgins Road

    Two retail spaces are available for lease at 1000-1030 East Higgins Road, adjacent to the Elk Grove Technology Park. Unit 1006 offers 1,095 square feet at $2,700 per month, while Unit 1012 provides 1,373 square feet at $3,100 per month; both are on modified gross terms. The location offers excellent visibility on Higgins Road, with high traffic counts of 30,200 vehicles per day. A two-story pylon sign provides maximum exposure. The property is strategically situated between Arlington Heights Road and Route 83, with convenient access to I-90 and I-294. This location is an ideal leasing opportunity for businesses seeking visibility and accessibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Avenue BG Bulgarian Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elk Grove Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.9725221
    Latitude
    42.0272731

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    FAQs

    What type of property is this?
    Retail space - Retail units available in Elk Grove Village with high visibility.
    Where is this retail space located?
    The property is located at 1000 E Higgins Rd Elk Grove Village, IL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Prime location with excellent visibility on Higgins Road.; - Adjacent to the new Elk Grove Technology Park.; - High traffic counts of 30,200 vehicles per day.
    (773) 531-6886
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    1000 E Higgins Rd Elk Grove Village, IL 60007
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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
    1000 E Higgins Rd Elk Grove Village, IL 60007
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