Property summary
Spoerlein Commons presents a prime retail investment opportunity in a thriving Buffalo Grove location. This attractive two-story shopping center, built in 1987, boasts 41,455 square feet of leasable space across six suites, situated on a 3.4-acre lot (148,540 square feet). The property offers excellent visibility, strategically positioned off heavily trafficked McHenry Road, experiencing over 30,000 vehicles per day. Currently, 4,979 square feet are vacant, providing immediate potential for new tenants. Available spaces range from 300 to 2,132 square feet, with a maximum contiguous space of 1,747 square feet, ideal for medical, office, or retail uses. The building features convenient amenities including 160 parking spaces and elevators. The zoning is C-3, allowing for a variety of commercial uses. The property's location within a densely populated, upscale residential area ensures a strong customer base. Pylon signage is available for enhanced visibility and brand recognition. This is a rare opportunity to acquire a well-established retail center in a high-demand area. The property's APN is 15-29-301-004 and 15-29-301-196.
Property profile
VerifiedCap rate & NOI
Current use
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Business Service Center Corporate Office
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Tutoring Service
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Barber Shop
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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