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    1100 Northwest Hwy Mount Prospect, IL 60056

    For Lease
    $14 SF/Yr ($16,397 /Mo)

    Newly renovated, flexible office suites.

    Lot size:
    14,055 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Mount Prospect office building, totaling 14,055 square feet, offers a diverse range of spaces perfect for various business needs. Located at 1100 W Northwest Hwy, this newly renovated (2022) Class B property boasts 21 suites in a two-story building situated on a 0.59-acre lot. The building features flexible layouts with spaces ranging from a minimum of 385 square feet to a maximum contiguous space of 1,350 square feet, accommodating businesses of all sizes. Currently, 4,000 square feet of space is available for lease. The property is conveniently located off Northwest Highway, in the Elk Grove Village submarket (Arlington Heights cluster), within Cook County. While there are no elevators, ample parking is provided with 47 spaces. The building's zoning is B5. Modernized bathrooms and stylish common areas are among the recent upgrades. This is a multi-tenant building offering traditional office, executive office, coworking, medical office, and creative office space options. The building was originally constructed in 1971. Contact us to explore leasing opportunities.

    Property Features for 1100 Northwest Hwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,055 SF
    Class
    B
    Total Rate
    16397.5

    Building Details

    Year Built/Renovated
    1971/2022
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 201
    Size
    1,185 SF
    Rate per SF
    $21
    Space
    Suite 101
    Size
    550 SF
    Rate per SF
    $18
    Space
    Suite 218
    Size
    450 SF
    Rate per SF
    $21
    Space
    Newly Renovated Suite 200!
    Size
    1,350 SF
    Rate per SF
    $21
    Space
    Suite 106 - Ready to Renovate For You!
    Size
    625 SF
    Rate per SF
    $21
    Space
    Suite 118
    Size
    1,200 SF
    Rate per SF
    $18
    Space
    Suite 114
    Size
    925 SF
    Rate per SF
    $192

    HighLights

    • 14,055 SF office building in Mount Prospect, IL.
    • Multiple tenancy options available, ranging from 385 SF to 1,350 SF contiguous.
    • 4,000 SF of vacant space.
    • Recently renovated (2022) Class B building with 2 stories.
    • Located near Northwest Hwy in the Elk Grove Village submarket (Arlington Heights cluster), Cook County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mid States Realty ... Real Estate Agency Care Registry Network ... Employment Agency Kevin Oztekin Chiropractor Irma Funes Nurse Practitioner CME Technology Computer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.952023983831
    Latitude
    42.070260729824

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    FAQs

    What type of property is this?
    Office space - Newly renovated, flexible office suites.
    Where is this office space located?
    The property is located at 1100 Northwest Hwy Mount Prospect, IL.
    What is the lease rate?
    The lease rate is $18-$192 SF/Yr.
    What are key features of this property?
    This property features: 14,055 SF office building in Mount Prospect, IL.; Multiple tenancy options available, ranging from 385 SF to 1,350 SF contiguous.; 4,000 SF of vacant space.
    Request Owner's contact information
    1100 Northwest Hwy Mount Prospect, IL 60056
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    Mount Prospect, IL 60056
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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
    1100 Northwest Hwy Mount Prospect, IL 60056
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