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Retail, Office, Medical Space Available
For Lease
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1397-1501 West Dundee Road, Buffalo Grove, IL 60089

Neighborhood shopping center with suites for retail, office, and medical.

Space Size2,294 SF
Property Size22,500 SF
Days on Market272

Property Features for 1397-1501 West Dundee Road

General Information

Standard status Active
Size 2,294 SF
Property subtype Retail

Building Details

Building Size 22,500 SF

Spaces For Lease

at 1397-1501 West Dundee Road Contact us

1401-Suite 202

Size
2,294 SF
Type
Medical
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: SPERRY VAN NESS
Listed By: Olivia Czyzynski · License #475146577
Source: Svnchicago
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 20 at 4:35AM

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 SPERRY VAN NESS

Investment Insights

Based on property information with market context.

Plaza Verde offers leasing opportunities within a neighborhood shopping center at the intersection of Dundee Road and Arlington Heights Road. Available suites are suitable for storefront retail, professional office, and medical tenants. The center features a tenant mix, high visibility, and access to major roads. Units offer flexible configurations for high-exposure front-facing spaces and functional interior suites, suitable for healthcare, wellness, or administrative uses. On-site parking and signage opportunities are available. The property is located at the intersection of W Dundee Road and Arlington Heights Road, offering visibility and accessibility in Buffalo Grove's retail corridor. The location benefits from foot traffic and a daytime population. Buffalo Grove is a suburb of Chicago known for its demographics, schools, and business environment. The property offers access to IL Route 53, I-294, and Lake-Cook Road, making it suitable for retail, service, and medical users. Suites from 600 to 2,000 square feet are available for retail, medical, office, and service-based tenants. The property size is 22,500 square feet.

Key Highlights

  • High‑traffic location at the intersection of Dundee Road and Arlington Heights Road, providing exceptional visibility and accessibility.
  • Versatile suites suitable for retail, medical, office, and service‑based tenants.
  • Located in affluent Buffalo Grove, surrounded by a dense residential population with high household incomes.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Hair Salon Nail Salon Barber Shop (Bike/Boat/Book/etc) Store Bakery Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,292
Businesses Nearby

Demographics for 60089, IL

43,227
Population
16,551
Households
2.6
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
4,411
Density / Sq Mi
$129,932
Median Household Income
$70,514
Median Earnings
$2,042
Median Rent
$393,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Neighborhood shopping center with suites for retail, office, and medical.
Where is this strip mall located?
The property is located at 1397-1501 West Dundee Road Buffalo Grove, IL.
What are key features of this property?
This property features: High‑traffic location at the intersection of Dundee Road and Arlington Heights Road, providing exceptional visibility and accessibility.; Versatile suites suitable for retail, medical, office, and service‑based tenants.; Located in affluent Buffalo Grove, surrounded by a dense residential population with high household incomes.
More about this property
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