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Medical Office Outlot
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2380 South Elmhurst Road, Mount Prospect, IL 60056

The site offers several access points and cross easements with the adjacent shopping center.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market143

Property Features for 2380 South Elmhurst Road

General Information

Standard status Active
Lot size 0.75 Acres
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Brian Parmacek · License #IL 475.132220
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 7:26AM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This fee-simple medical office property occupies an outlot at Colony Square Shopping Center. The site contains three-quarters of an acre, with multiple ingress and egress points and cross easements connected to the 40,000-square-foot shopping center. The existing medical office use remains in place, with 2.5 years of lease term remaining.

The property is located at 2380 South Elmhurst Road in Mount Prospect, Illinois. A state-led project widened the nearby intersection following two years of construction, improving the street frontage at the site. Its position within the Colony Square retail corridor provides direct adjacency to the shopping center and established access relationships.

Key Highlights

  • Three‑quarters of an acre on a medical office outlot
  • 2.5 years of lease term remaining
  • Multiple points of ingress and egress

Property Analytics

Current Use

Emergency Dental of Chicago Dental Office Philip Olasa, PT Physician Emery Dental Center Dental Office Dr. Robert N. ... Pediatrician Emery Medical Center: ... Physician

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Butcher

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

797
Businesses Nearby
Under-served
Demand for This Use

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 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - The site offers several access points and cross easements with the adjacent shopping center.
Where is this medical office space located?
The property is located at 2380 South Elmhurst Road Mount Prospect, IL.
What are key features of this property?
This property features: Three‑quarters of an acre on a medical office outlot; 2.5 years of lease term remaining; Multiple points of ingress and egress
(224) 619-6808 Call to check price and availability
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