Property profile

610 Meacham Rd Elk Grove Village, IL 60007

OFF-MARKET
Power centers
135,000 SF Built 1995
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Property summary

AI-generated overview

This exceptional retail property, located at 610 Meacham Rd in Elk Grove Village, Illinois, offers seven available spaces ranging from 2,000 to 20,000 square feet. Situated on a 21.06-acre lot, this power center and outlot opportunity boasts a prime location at the corner of Meacham Rd and Biesterfield Rd. The property comprises two single-story buildings totaling 135,000 square feet, constructed in 1995, and benefits from strong co-tenancy with established national brands including Home Depot and Staples. Additional tenants such as PNC Bank and Burger King further enhance the property's appeal and draw significant foot traffic. The property is located in Cook County and offers excellent visibility and accessibility. This is an ideal opportunity for businesses seeking high-traffic exposure in a thriving retail environment. The minimum divisible space is 2,000 square feet, with a maximum contiguous space of 20,000 square feet available. This presents a versatile option for a variety of retail concepts. The property's strategic location and strong tenant mix make it a compelling investment opportunity.

Property profile

Verified
Property type Power centers
Year built 1995
Total area 135,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Printing Service
  • Medical Clinic Spa & Massage Center
  • Courier Service Postal Service
  • Shopping Center & Mall

Location

610 Meacham Rd Elk Grove Village, IL 60007
Elk Grove Village metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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