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Freestanding Retail Building at Signalized Intersection
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1699 Landmeier Road, Elk Grove Village, IL 60007

Freestanding retail building positioned at a fully signalized intersection on heavily traveled Busse and Landmeier roads.

Property Size2,404 SF
Days on Market130

Property Features for 1699 Landmeier Road

General Information

Standard status Active
Size 2,404 SF
Property subtype Retail

Site & Location

Traffic Count 47,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Vequity
Listed By: Christopher Ilekis · License #IL 471002900
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 14 at 8:02AM

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 Vequity

Investment Insights

Based on property information with market context.

A freestanding retail building totaling 2,404 SF, presented as high-quality new construction with warranties. The landlord notes extremely limited responsibilities, limited to the structure and foundation only.

The property fronts Holiday Inn and sits at a fully signalized intersection with extremely high traffic counts reported as over 47,000 vehicles per day at Busse and Landmeier roads. The immediate trade area is described as close proximity to major highways I-90 and I-290/O’Hare Airport, with 3,600 businesses within a 5-mile radius.

This offering is designed for retailers seeking a dedicated building with straightforward landlord scope limited to structural and foundation items.

Key Highlights

  • 2,404 SF freestanding retail building at a fully signalized intersection of Busse Rd and Landmeier Rd
  • Over 47,000 VPD at the intersection for strong traffic counts
  • Close proximity to I‑90 and I‑290 and O’Hare Airport

Property Analytics

Current Use

Mobil Gas Station 7-Eleven Grocery & Convenience Store Gas Station Gas Station

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nail Salon Garden Center Spa & Massage Center Veterinary Clinic Barber Shop

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

47,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,244
Businesses Nearby
32k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 34% Shops & Services 29% Office Supplies 16% Hotels & Casinos 15%
Wendy's Dining
10,874 visits/mo 0.1 miles
Office Depot Office Supplies
5,285 visits/mo 0.2 miles
7-Eleven Shops & Services
5,113 visits/mo 0.2 miles
Holiday Inn Chicago-Elk Grove Hotels & Casinos
4,965 visits/mo 0.2 miles
Penske Truck Rental Shops & Services
2,364 visits/mo 0.4 miles

Demographics for 60007, IL

33,670
Population
13,580
Households
2.5
Avg Household Size
45
Median Age
41%
College-Educated
92%
High-School Grad
18.1 sq mi
ZIP Area
1,860
Density / Sq Mi
$95,240
Median Household Income
$54,762
Median Earnings
$1,574
Median Rent
$334,800
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding retail building positioned at a fully signalized intersection on heavily traveled Busse and Landmeier roads.
Where is this storefront property located?
The property is located at 1699 Landmeier Road Elk Grove Village, IL.
What are key features of this property?
This property features: 2,404 SF freestanding retail building at a fully signalized intersection of Busse Rd and Landmeier Rd; Over 47,000 VPD at the intersection for strong traffic counts; Close proximity to I‑90 and I‑290 and O’Hare Airport
More about this property
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