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    623 North Ave Elmhurst, IL 60126

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Elmhurst location, 8,318 SF available

    Lot size:
    26,998 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity, located at 623 W North Avenue in Elmhurst, Illinois, offers 8,318 square feet of vacant space within the Cottage Shoppes of Elmhurst. Built in 2007, this Class B property boasts a total of 26,998 square feet and sits on a 0.53-acre lot. The minimum divisible space is 1,850 square feet, with a maximum contiguous space of 8,318 square feet, providing flexibility for various business needs. The center features ample parking with 174 spaces, ensuring convenient access for customers. Its strategic location at the signalized intersection of North Avenue and Route 83 in Elmhurst, one of the busiest intersections in the western suburbs, provides exceptional visibility and exposure to over 104,000 vehicles per day. The property benefits from its proximity to major highways, including I-290 and I-355, offering easy access to Chicago and surrounding areas. This densely populated area has 114,000 residents within a three-mile radius. The Cottage Shoppes of Elmhurst is anchored by established businesses such as Firewater BBQ, Fry the Coop, and Sarpino's Pizza, among others. The property also enjoys significant frontage along North Avenue, dedicated curb cuts, and pylon signage. Its location near national retailers like Target, Aldi, CVS, and many others, further enhances its appeal and potential for success. This is a remarkable opportunity to establish or expand your business in a thriving and highly visible location. The zip code is 60126, and the property is located in DuPage County.

    Property Features for 623 North Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,998 SF
    Class
    B
    Total Rate
    62995.33

    Building Details

    Year Built
    2007

    Unit(s) available at that property

    Space
    623 West North Avenue
    Size
    8,318 SF
    Rate per SF
    $28
    Space
    623 W North Ave
    Size
    0 SF

    HighLights

    • 8,318 SF of vacant retail space available in the Cottage Shoppes of Elmhurst, IL.
    • 2007‑built Class B building with 26,998 SF total, situated on a 0.53‑acre lot. Divisible space from 1,850 SF to 8,318 SF maximum.
    • High‑traffic location at the signalized intersection of North Avenue and Route 83, boasting over 104,000 vehicles per day (VPD).
    • Excellent visibility and accessibility with multiple curb cuts, pylon signage, and monument signage along North Avenue and Route 83.
    • Strong co‑tenancy including national retailers like Target, Aldi, CVS, and many others, plus local anchors like Firewater BBQ, Fry the Coop, and Sarpino's Pizza.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wholesale Porta Potty ... Portable Toilet Supplier Smallcakes: A Cupcakery and Creamery ... Bakery Nearby Storage Units ... Self-Storage Facility Sarpino's Pizzeria Elmhurst Pizza Delivery Fry the Coop (Elmhurst) Restaurant

    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
    Elmhurst
    County
    DuPage
    State
    Illinois
    Longitude
    -87.9633529
    Latitude
    41.9060126

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    FAQs

    What type of property is this?
    Individual retail property - Prime Elmhurst location, 8,318 SF available
    Where is this individual retail property located?
    The property is located at 623 North Ave Elmhurst, IL.
    What is the lease rate?
    The lease rate is $0.00-$28 SF/Yr.
    What are key features of this property?
    This property features: 8,318 SF of vacant retail space available in the Cottage Shoppes of Elmhurst, IL.; 2007-built Class B building with 26,998 SF total, situated on a 0.53-acre lot. Divisible space from 1,850 SF to 8,318 SF maximum.; High-traffic location at the signalized intersection of North Avenue and Route 83, boasting over 104,000 vehicles per day (VPD).
    Request Owner's contact information
    623 North Ave Elmhurst, IL 60126
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    Elmhurst, IL 60126
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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
    623 North Ave Elmhurst, IL 60126
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