Property profile

980 Elk Grove Town Ctr Elk Grove Village, IL 60007

OFF-MARKET
Retail properties & Spaces
102,104 SF Built 1998
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 980 Elk Grove Town Center in Elk Grove Village, Illinois (zip code 60007), offers a unique opportunity for businesses seeking flexible space. The 102,104 square foot building, constructed in 1998, sits on a 13-acre lot and boasts a highly desirable location at the intersection of Arlington Heights Road and Biesterfield Road. Currently, 58,099 square feet of space is available, divisible into units as small as 700 square feet, with a maximum contiguous space of 54,400 square feet. The property features ceiling heights ranging from 22 to 26 feet, and includes two loading docks. The zoning is B2- General Business District, allowing for a variety of commercial uses. This prime location benefits from its proximity to the expansive Elk Grove Village Business Park, the largest in the nation, and its convenient access to O'Hare International Airport (less than five miles away). The property is ideal for a range of businesses, from small shops to large-format retailers, capitalizing on the high traffic count and affluent Elk Grove Village community. Multiple tenancy options are available. Inquire today to explore the possibilities.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1998
Total area 102,104 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

980 Elk Grove Town Ctr Elk Grove Village, IL 60007
Elk Grove Village metro
Google Maps

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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