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Redevelopment Retail and Pad Site
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1900 Oakton St, Elk Grove Village, IL 60007

Redevelopment opportunity with new pad sites and multi-tenant retail space near major road and interstate access.

Space SizeContact for details
Lot Size3.00 Acres
Days on Market53

Property Features for 1900 Oakton St

General Information

Standard status Active
Lot size 3.00 Acres
Property subtype LAND

Spaces For Lease

at 1900 Oakton St Contact us

1900 Oakton St

Type
LAND
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
• Premier redevelopment opportunity featuring new pad sites and multi-tenant retail...
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Listing Agency: Cabanban Rubin & Mayberry LLC
Listed By: Todd J. Cabanban
Source: Moodyscre
Added: Jul 17 Changed: Aug 8 Last Checked: Sep 6 at 2:53PM

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 Cabanban Rubin & Mayberry LLC

Investment Insights

Based on property information with market context.

This redevelopment opportunity offers new pad sites and multi-tenant retail space designed for future retail development. The offering is positioned to support a mix of tenants within a retail setting that can be expanded through new site improvements.

The property is located at the intersection of Oakton Street/IL-72/IL-83 (31,145 VPD) and Busse Road (29,940 VPD), immediately adjacent to I-90 (157,727 VPD). It also sits directly across from the Prime Data Centers campus, within the O’Hare Business District.

Daytime demand is supported by nearby employment, including 114,039 employees within 3 miles and nearly 194,076 employees within a 10-minute drive, along with median household incomes of $94,570 within 3 miles.

Key Highlights

  • Redevelopment opportunity with new pad sites and multi‑tenant retail space
  • Directly across from a $1 billion+ Prime Data Centers campus
  • Located at Oakton St (IL‑72/IL‑83) and Busse Rd intersection (31,145 VPD and 29,940 VPD)

Property Analytics

Current Use

La Quinta Inn ... Parking Lot & Garage AWT Mobile truck ... Auto Repair Shop

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic

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

983
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 41% Hotels & Casinos 8%
McDonald's Dining
18,606 visits/mo 0.1 miles
Shell Shops & Services
12,275 visits/mo 0.1 miles
Best Western O'Hare North/Elk Grove Hotel Hotels & Casinos
1,679 visits/mo 0.2 miles
Jiffy Lube Shops & Services
1,634 visits/mo 0.1 miles
Days Inn Elk Grove Village/Chicago/OHare Airport West Hotels & Casinos
1,071 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment opportunity with new pad sites and multi-tenant retail space near major road and interstate access.
Where is this commercial land located?
The property is located at 1900 Oakton St Elk Grove Village, IL.
What are key features of this property?
This property features: Redevelopment opportunity with new pad sites and multi‑tenant retail space; Directly across from a $1 billion+ Prime Data Centers campus; Located at Oakton St (IL‑72/IL‑83) and Busse Rd intersection (31,145 VPD and 29,940 VPD)
(312) 477-0342 Call to check price and availability
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