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Retail Space in Anchored Center
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1516 Elmhurst Rd, Mt Prospect, IL

Retail opportunity in Kohl’s anchored center with ample parking.

Lot Size0.06 Acres
Days on Market802

Property Features for 1516 Elmhurst Rd

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype LAND
Listing Agency: Metro Commercial Real Estate - Corporate
Listed By: Hannah Perl
Source: Moodyscre
Added: May 20, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:02AM

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 Metro Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

This retail space is available for rent within a shopping center anchored by Kohl's. The property features an inline box space of approximately 22,000 square feet. A drive-thru outparcel is available, with build-to-suit options up to 2,750 square feet. The location benefits from a lighted intersection at Dempster Road and Elmhurst Road. Pylon signage is available, and the property offers abundant parking with approximately 748 stalls.

Key Highlights

  • Space Available in Kohl’s Anchored Center
  • Approximately 22,000 SF Inline Box Available
  • Lighted Intersection at Dempster & Elmhurst

Property Analytics

Current Use

FlexxSonic Medical Supply Store ANAFT - FlexxSonic Corp. Cosmetic Store MedChoice Infusion Medical Clinic metropolitan enforcement group Security Service Pauly’s Power Washing Landscaping

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Parking Lot & Garage Auto Parts Store Cafe & Coffee 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby
116k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 39% Shops & Services 35% Dining 27%
Kohl's Apparel
44,608 visits/mo 0.1 miles
BP Shops & Services
16,684 visits/mo 0.1 miles
Chase Bank Shops & Services
13,625 visits/mo 0.4 miles
Taco Bell Dining
8,542 visits/mo 0.2 miles
Burger King Dining
6,972 visits/mo 0.1 miles

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail opportunity in Kohl’s anchored center with ample parking.
Where is this shopping center located?
The property is located at 1516 Elmhurst Rd Mt Prospect, IL.
What are key features of this property?
This property features: Space Available in Kohl’s Anchored Center; Approximately 22,000 SF Inline Box Available; Lighted Intersection at Dempster & Elmhurst
(847) 849-1026 Call to check price and availability
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