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    1649 Buffalo Grove Rd Buffalo Grove, IL 60089

    Sponsored
    For Lease
    $21 SF/Yr

    Prime Buffalo Grove retail space available.

    Lot size:
    12,721 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located at 1649 N Buffalo Grove Rd, Buffalo Grove, IL 60089, within the Shops at Aptakisic Creek. The property, built in 2000, offers a single-story, 12,721 square foot neighborhood center ideal for medical or professional service businesses. Currently, 2,100 square feet of contiguous space is available for lease, with a minimum leasable area of 1,000 square feet. The maximum contiguous space available is 2,100 square feet. This is the last available space in this highly desirable location. The center is situated at the recently improved intersection of Buffalo Grove Road and Aptakisic Parkway, ensuring high visibility and accessibility for your business. Located in Lake County, Illinois, this property benefits from its position in the affluent Buffalo Grove community. The property's convenient location and ample space make it an excellent choice for businesses seeking a prominent presence in a thriving market. Don't miss this chance to secure your place in this successful retail center. Contact us today to learn more about leasing this exceptional space.

    Property Features for 1649 Buffalo Grove Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,721 SF
    Total Rate
    22791.79

    Building Details

    Year Built
    2000
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    1,401 SF
    Rate per SF
    $21

    HighLights

    • 1,000‑2,100 SF of contiguous retail space available for lease.
    • Walgreens and Starbucks‑anchored neighborhood center.
    • High‑traffic intersection of Buffalo Grove Road and Aptakisic Parkway.
    • Join a mix of high‑profile retailers.
    • Excellent signage and visibility on Buffalo Grove Road.
    • Affluent Buffalo Grove residential neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gloria Lin, 5I5J ... Real Estate Agent 5i5j Realty Real Estate Agency Julie Tang | 5i5j ... Real Estate Agent

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo Grove
    County
    Lake
    State
    Illinois
    Longitude
    -87.965074893409
    Latitude
    42.181009203902

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Buffalo Grove retail space available.
    Where is this neighborhood center located?
    The property is located at 1649 Buffalo Grove Rd Buffalo Grove, IL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 1,000-2,100 SF of contiguous retail space available for lease.; Walgreens and Starbucks-anchored neighborhood center.; High-traffic intersection of Buffalo Grove Road and Aptakisic Parkway.
    Request Owner's contact information
    1649 Buffalo Grove Rd Buffalo Grove, IL 60089
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    Buffalo Grove, IL 60089
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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
    1649 Buffalo Grove Rd Buffalo Grove, IL 60089
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