Property summary
This exceptional retail property, located at 1000-1030 East Higgins Road in Elk Grove Village, Illinois, offers two immediately available spaces. Situated on a 1.62-acre lot, the two-story building totals 15,562 square feet and was constructed in 1970. Currently, 2,468 square feet of retail space is vacant, offering a fantastic opportunity for businesses seeking high-visibility locations. Units are available in sizes ranging from a minimum of 1,095 square feet to a maximum contiguous space of 1,373 square feet. Unit 1006, measuring 1,095 square feet, is available for $2,700 per month, while Unit 1012, at 1,373 square feet, is offered at $3,100 per month. Both units are available on modified gross lease terms. The property benefits from a highly desirable C zoning classification and is conveniently located adjacent to the new Elk Grove Technology Park, ensuring high foot traffic and excellent exposure. Annual property taxes are $7.35 per square foot. This property presents a unique opportunity for businesses seeking a well-located, versatile retail space in a thriving area. Contact us today to schedule a viewing and explore the possibilities.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property 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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