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    767 Golf Rd Des Plaines, IL 60016

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available now.

    Lot size:
    155,152 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Market Place Shopping Center, located at 767 W Golf Rd, Des Plaines, IL 60016, presents a prime retail leasing opportunity. This established center offers a variety of spaces, ideal for businesses seeking high visibility and foot traffic. The property is a multi-tenant retail center with a total building area of 155,152 square feet. Currently, there is 8,360 square feet of vacant space available, divisible into units ranging from a minimum of 1,712 square feet to a maximum contiguous space of 4,856 square feet. The flexible space options cater to a variety of business needs and sizes. The center's strategic location in Des Plaines, Illinois, ensures excellent accessibility and exposure to a large customer base. This is an exceptional chance to establish or expand your business within a thriving retail environment. The property's convenient location and ample space make it an attractive option for a wide range of retail businesses. Interested parties are encouraged to inquire about available space and lease terms. The property is classified as Retail, with subtypes including Outparcel/Pad, Retail, and In-line.

    Property Features for 767 Golf Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    155,152 SF

    Unit(s) available at that property

    Space
    Unit 9 & 10
    Size
    1,792 SF

    HighLights

    • 155,152 square foot community center.
    • Five major anchors: Planet Fitness, Binny's Beverage Depot, Get Air, Dollar Tree, and Ace Pickleball Club (coming soon).
    • High traffic counts exceeding 68,200 vehicles per day.
    • Dense population of 282,254 within a 5‑mile radius.
    • Northwest suburban Chicago location.
    • Municipal build‑out assistance up to $25,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Binny's Beverage Depot ... Liquor Store Des Plaines - AllState ... Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.9396842
    Latitude
    42.0457595

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space available now.
    Where is this individual retail property located?
    The property is located at 767 Golf Rd Des Plaines, IL.
    What are key features of this property?
    This property features: 155,152 square foot community center.; Five major anchors: Planet Fitness, Binny's Beverage Depot, Get Air, Dollar Tree, and Ace Pickleball Club (coming soon).; High traffic counts exceeding 68,200 vehicles per day.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    767 Golf Rd Des Plaines, IL 60016
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