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    OFF-MARKET
    Retail properties & Spaces

    4190 Il-83, Long Grove, IL 60047

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    AI-generated overview

    This exceptional retail space, located at 4190 IL-83 in Long Grove, Illinois (zip code 60047), presents a prime opportunity for restaurant businesses. Situated within the Sunset Grove shopping center, this property offers a flexible layout ranging from 4,657 to 8,674 contiguous square feet, with 8,674 square feet currently vacant. The center enjoys a highly desirable location at a high-volume traffic intersection boasting 50,800 vehicles per day. This ensures significant visibility and accessibility for your business. The property benefits from a strong anchor tenant, Sunset Foods, and is surrounded by a variety of successful co-tenants including Starbucks, Sherwin Williams, CVS, and Domino's, creating a vibrant and complementary retail environment. The surrounding neighborhood is characterized by high household incomes, providing a strong customer base with significant purchasing power. The property's address is further identified by its cross street, Aptakisic Road. This location offers an unparalleled opportunity to establish or expand your restaurant business in a thriving and affluent community. The space is ideal for a variety of restaurant concepts, given its size and location within a well-established and successful shopping center. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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