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    210 Penny Ave East Dundee, IL 60118
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    210 Penny Ave, East Dundee, IL 60118

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    • Retail properties & Spaces
    • 10,000 SF
    • 1.50 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 210 Penny Ave

    Year built
    1997
    Lot size
    1.50 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional Class A, single-story Spring Water Retail Center in East Dundee, IL, offers 10,000 square feet of versatile space ideal for medical, executive, or creative office uses, or retail and restaurant businesses. Built in 1997 and extensively renovated in 2022, the property boasts 12-foot ceilings and features six suites, with two available spaces ranging from 1,250 to 2,500 contiguous square feet. A total of 2,500 square feet is currently vacant. The 1.5-acre lot (65,340 square feet) provides ample parking with 55 spaces. Located at 210 Penny Ave, East Dundee, IL 60118, this property benefits from a high historical occupancy rate and excellent visibility, situated near the intersection of Higgins Road (Route 72), experiencing over 30,000 vehicles daily. Its proximity to historic downtown East Dundee and 254 apartment units within a two-mile radius ensures a strong customer base. The property features 220-volt power and benefits from extremely low Kane County taxes ($1.70 per square foot). B-2 zoning allows for a variety of uses. This is a prime opportunity for businesses seeking a well-maintained, conveniently located space in a thriving community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    East Dundee
    County
    Kane
    State
    Illinois
    Longitude
    -88.2686
    Latitude
    42.1002
    More about this property
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