1100 Elmhurst Rd Mount Prospect, IL 60056-4241
- Retail space
- 17,700 SF
- 2.87 lot acres
Apr 14, 2021
Current Use by Public Records
- Countryside Ct / Shopping Center & Mall
- Hacienda El Sombrero Mexican Restaurant / Restaurant
Property Details for 1100 Elmhurst Rd
- Year built
- 1970
- Lot size
- 2.87 lot acres
- Property size
- 17,700 SF
- Property type
- Retail space
- APN
- 08-14-401-029
- APU
- 814401029
Description
Countryside Court offers 5,724 square feet of vacant medical office space for lease in a thriving Mount Prospect, IL location. This single-story, 31,900 square foot building, constructed in 1974, features 17 suites, with available spaces ranging from 1,260 to 1,923 contiguous square feet. The property sits on a 2.87-acre lot at the high-traffic intersection of Golf and Elmhurst Roads, boasting over 30,000 vehicles per day. The building enjoys high occupancy, with a diverse tenant mix including retail, office, and restaurant users. The property is zoned B-5 and located in Cook County, Illinois, at 1100 S Elmhurst Rd, Mt Prospect, IL 60056. This is an excellent opportunity for medical professionals seeking a well-established location with high visibility and ample parking. The minimum leasable space is 1,260 square feet. The property's convenient location and strong tenant base make it an ideal investment for medical practices of all sizes.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,385,000
- ML approach
- $2,370,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,722,000
Market price range: $743k - $2.72M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,640,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $3,880,000 Change: +47% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $3,170,000 Change: +20% Conversion: Difficult
- OFFICE BUILDING
- $2,365,000 Change: -10% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,145,000 Change: -19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Mount Prospect
- County
- Cook
- State
- Illinois
- Longitude
- -87.9417
- Latitude
- 42.0443
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA