Property profile

916 Elmhurst Ave Mount Prospect, IL 60056

OFF-MARKET
Neighborhood centers
29,621 SF Built 2019
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Property summary

AI-generated overview

This exceptional 1,400 square foot retail space, located at 916 N Elmhurst Ave in Mount Prospect, Illinois, presents a fantastic sublease opportunity. Situated in a vibrant strip center built in 2019, this single-tenant space boasts a prime location at the busy intersection of North Elmhurst Road and Rand Road. The property is part of a larger 29,621 square foot building situated on a 0.68-acre lot, and benefits from ample parking directly in front. The space is conveniently located near established businesses such as Aspen Dental, Tropical Smoothie Cafe, Chick-fil-A, and Potbelly. The property's zoning is MX, and its single-story design offers easy accessibility. The building itself is in excellent condition, having been constructed in 2019. The proximity to Randhurst Village Shopping Center further enhances its appeal and visibility. This sublease offers a chance to establish a business in a high-traffic area with strong neighboring tenants, making it an ideal location for a variety of retail concepts. Cook County location and easy access to major roadways make this a highly desirable retail space. The property is zoned MX.

Property profile

Verified
Property type Neighborhood centers
Year built 2019
Total area 29,621 SF

Cap rate & NOI

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

Location

916 Elmhurst Ave Mount Prospect, IL 60056
Mount Prospect metro
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Value estimations

Realmo proprietary · 4 methods
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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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