Search
Single-Tenant Retail Ground Lease
For Sale
Contact for pricing

1470 S Elmhurst Rd, Mount Prospect, IL 60056

National single-tenant retail property offered under a ground lease with drive-through service.

Days on Market111

Property Features for 1470 S Elmhurst Rd

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Greenstone Partners
Listed By: AJ Patel · License #475.190820
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 22 at 11:12AM

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 Greenstone Partners

Investment Insights

Based on property information with market context.

This is a national single-tenant retail property offered for sale under a ground lease. The asset includes a drive-through component, supporting customer convenience and traffic flow for applicable retail uses.

The property is located at 1470 S Elmhurst Rd in Mount Prospect, Illinois. This address provides a direct, standalone site for retail operations configured around the drive-through.

As presented, the offering is structured as a ground lease for a single occupant, which can be appealing for buyers seeking a retail asset with a defined tenant and operational layout that incorporates drive-through functionality.

Key Highlights

  • National single‑tenant retail property offered under a ground lease
  • Includes a drive‑through service

Property Analytics

Current Use

KFC Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

799
Businesses Nearby
182k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Apparel 25% Dining 20% Groceries 13%
Kohl's Apparel
44,608 visits/mo 0.1 miles
Binny's Beverage Depot Groceries
23,850 visits/mo 0.4 miles
Dollar Tree Shops & Services
21,765 visits/mo 0.4 miles
BP Shops & Services
16,684 visits/mo 0.2 miles
Chase Bank Shops & Services
13,625 visits/mo 0.3 miles

Demographics for 60056, IL

57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - National single-tenant retail property offered under a ground lease with drive-through service.
Where is this retail space located?
The property is located at 1470 S Elmhurst Rd Mount Prospect, IL.
What are key features of this property?
This property features: National single‑tenant retail property offered under a ground lease; Includes a drive‑through service
(312) 234-0360 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message