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    2403 Us-12 Spring Grove, IL 60081

    Sponsored
    For Lease
    $25 SF/Yr

    New 2024 Construction, Prime Outlots Available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail development in Spring Grove, Illinois, offers a unique opportunity for businesses seeking high-visibility locations. Situated at 2403 US-12 in McHenry County (zip code 60081), this new shopping center boasts two buildings totaling 20,000 square feet and is scheduled to open in 2024. The property features both in-line retail spaces and prime drive-thru outlots, ideal for a variety of uses including restaurants and special purpose businesses. Spaces are available in sizes ranging from a minimum of 1,500 square feet to a maximum contiguous space of 18,000 square feet, providing flexibility for various business needs. The center is strategically located along Route 12, ensuring high traffic volume and excellent exposure. This development offers a chance to join established national tenants such as Jewel-Osco, McDonald's, and JP Morgan Chase, benefiting from the synergy of a thriving retail environment. The property's modern design and prime location in a growing market make it an exceptional investment opportunity. Don't miss the chance to be part of this exciting new development in Spring Grove. Contact us today to learn more about available spaces and leasing options.

    Property Features for 2403 Us-12

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    A
    Total Rate
    41666.67

    Building Details

    Year Built
    2024
    Buildings
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,500 SF
    Rate per SF
    $25
    Property Profile Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Spring Grove
    County
    McHenry
    State
    Illinois
    Longitude
    -88.243042467476
    Latitude
    42.437082049517

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    FAQs

    What type of property is this?
    Restaurant - New 2024 Construction, Prime Outlots Available
    Where is this restaurant located?
    The property is located at 2403 Us-12 Spring Grove, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    Request Owner's contact information
    2403 Us-12 Spring Grove, IL 60081
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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
    2403 Us-12 Spring Grove, IL 60081
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