Property profile

1551 Busse Rd Elk Grove Village, IL 60007

OFF-MARKET
Neighborhood centers
Property ID
US28-5904043
4,500 SF
Individually Owned
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1551 Busse Road in Elk Grove Village, Illinois, within a newly constructed, 4,500 square foot neighborhood center. The property boasts excellent visibility at the highly trafficked intersection of Busse Road and Greenleaf Avenue. A significant advantage is its proximity to a Starbucks, ensuring high foot traffic and brand recognition. Across the street, the presence of a Portillo's further enhances the location's appeal and draws a substantial customer base. The available space totals 2,100 square feet, perfect for a variety of retail uses. The building features multiple suites, offering flexibility for potential tenants. This prime location offers unparalleled convenience, situated less than five miles from O'Hare International Airport and just over a mile from I-390, providing easy access for both customers and employees. The property is in Cook County, Illinois, and has a zip code of 60007. This is a rare opportunity to secure a retail space in a thriving, high-visibility location with excellent access to major transportation arteries and surrounded by established businesses. The property is ready for immediate occupancy.

Property profile

Verified
Property type Neighborhood centers
Total area 4,500 SF
UPID US28-5904043

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
  • Restaurant
  • Take-out & Catering

Location

1551 Busse Rd Elk Grove Village, IL 60007
Elk Grove Village metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2025
Last sale
$1.6M
1 recorded transaction
2025
$1.6M

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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