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    1714 Kensington Rd Mount Prospect, IL 60056

    For Lease
    $18 SF/Yr

    Mt. Prospect medical office suites available

    Lot size:
    33,011 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Brentwood Square Shopping Center in Mount Prospect, Illinois, offers exceptional retail and medical office space for lease. This 33,011 square foot center features three suites, with a minimum divisible space of 1,440 square feet and a maximum contiguous space of 1,440 square feet. The building boasts 12-foot ceilings and ample parking with 175 spaces. Located at 1714 E Kensington Rd, Mt Prospect, IL 60056, at the signalized intersection of Wolf and Kensington Roads, this property benefits from high traffic visibility. The center is shadow-anchored by Walgreens and enjoys a strong tenant mix including Annie's Pancake Restaurant, Chit Chaat Cafe & Bakery, Subway, Ladybug Daycare & Preschool, MI Restaurant, State Farm Insurance, a nail salon, and a dry cleaner. The B-3 zoning allows for a variety of uses, ideal for retail goods/services, health and medical practices, fitness centers, and quick-service takeout establishments. National retailers are welcome. The property's excellent location is just two blocks from Nicholas Sportsplex and one block south of River Trails Middle School, ensuring high foot traffic and strong demographics. This is a rare opportunity to secure space in a thriving Mount Prospect shopping center.

    Property Features for 1714 Kensington Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,011 SF
    Total Rate
    49516.5

    Unit(s) available at that property

    Space
    Suite 1722
    Size
    1,440 SF
    Rate per SF
    $18
    Space
    Suite 1714
    Size
    1,440 SF
    Rate per SF
    $18
    Space
    Suite 1726
    Size
    1,200 SF
    Rate per SF
    $18

    HighLights

    • 33,011 square foot retail and medical office space available for lease in Mount Prospect, IL.
    • Three suites available, ranging from 1,440 square feet minimum to 1,440 square feet maximum contiguous space. 12‑foot ceilings and 175 parking spaces.
    • High visibility location at a signalized intersection, shadow‑anchored by Walgreens.
    • Strong tenant mix including Annie's Pancake House, Ladybug Daycare, Subway, and other established businesses. B‑3 zoning allows for various uses.
    • Excellent location near Nicholas Sportsplex and River Trails Middle School, ensuring high foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.907089866154
    Latitude
    42.080924149123

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    FAQs

    What type of property is this?
    Medical office - Mt. Prospect medical office suites available
    Where is this medical office located?
    The property is located at 1714 Kensington Rd Mount Prospect, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 33,011 square foot retail and medical office space available for lease in Mount Prospect, IL.; Three suites available, ranging from 1,440 square feet minimum to 1,440 square feet maximum contiguous space. 12-foot ceilings and 175 parking spaces.; High visibility location at a signalized intersection, shadow-anchored by Walgreens.
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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
    1714 Kensington Rd Mount Prospect, IL 60056
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