Multi-Tenant Retail Shopping
1201-1213 N Elmhurst Rd, Prospect Heights, IL 60070
For Sale
Contact for pricing
Service and food retailers occupy the center, with Subway, Papa John's and T-Mobile among the tenants.
Property SizeContact for details
Days on Market26
Property Features for 1201-1213 N Elmhurst Rd
General Information
Standard status
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Additional Details
Highway Access
Tenant in Place
Building Details
Tenancy
Listing Agency:
Colliers - Rosemont, Illinois
Listed By:
Peter Block · License #471002226
(847) 384-2840
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 6:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Rosemont, Illinois
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Investment Insights
Based on property information with market context.
This retail shopping center is 89.8% leased to 11 tenants on net leases. Its service- and food-focused roster includes Subway, Papa John's and T-Mobile. Seven leases have been signed or renewed since late 2024, and Papa John's has a new term extending through 2030. One suite is vacant, and significant capital improvements were completed at the property in the past 24–26 months.
The center is in Prospect Heights, approximately 20 miles from downtown Chicago. Access to I-294, Route 83 and nearby Metra service connects the area with O'Hare and North Cook County employment centers. More than 100,000 people live within three miles, and the surrounding trade area includes established residential neighborhoods and commuter traffic.
The center is in Prospect Heights, approximately 20 miles from downtown Chicago. Access to I-294, Route 83 and nearby Metra service connects the area with O'Hare and North Cook County employment centers. More than 100,000 people live within three miles, and the surrounding trade area includes established residential neighborhoods and commuter traffic.
Key Highlights
- 89.8% leased to 11 tenants on net leases
- Tenant roster includes Subway, Papa John's and T‑Mobile
- Seven leases signed or renewed since late 2024; Papa John's term runs through 2030
Property Analytics
Current Use
Lease Details
89.8%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60070, IL
15,840
Population
6,353
Households
2.5
Avg Household Size
41
Median Age
36%
College-Educated
84%
High-School Grad
4.0 sq mi
ZIP Area
3,960
Density / Sq Mi
$91,210
Median Household Income
$47,929
Median Earnings
$1,391
Median Rent
$343,100
Median Home Value
Market
Properties on Market for Shopping centers in Cook County
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Convenient Shopping Center — 1207 N Elmhurst Rd, Prospect Heights, IL 60070
Frequently Asked Questions
What type of property is this?
Shopping center - Service and food retailers occupy the center, with Subway, Papa John's and T-Mobile among the tenants.
Where is this shopping center located?
The property is located at 1201-1213 N Elmhurst Rd Prospect Heights, IL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 89.8% leased to 11 tenants on net leases; Tenant roster includes Subway, Papa John's and T‑Mobile; Seven leases signed or renewed since late 2024; Papa John's term runs through 2030
