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    OFF-MARKET
    Neighborhood centers

    916 Elmhurst Ave, Mount Prospect, IL 60056

    29,621 SF Built 2019
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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