Property profile

1800 Oakton St Elk Grove Village, IL 60007

FOR LEASE
Retail properties & Spaces
Property ID
US28-2705233
3,500 SF 0.92 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional 3,500 square foot retail building, constructed in 2024, presents a unique investment opportunity in the thriving Elk Grove Village submarket. Currently fully vacant, the property offers flexible tenancy options, allowing for either a single occupant to utilize the entire space or division into two 1,200+ square foot units. The building boasts a highly desirable location with exceptional visibility and accessibility, situated on a 0.92-acre lot directly facing a planned 100-room Home2 Suites hotel. This prime location ensures high traffic counts from both Oakton Street and Busse Road, providing significant exposure to potential customers. Further enhancing its appeal, the property includes a drive-thru capability, a significant advantage for many retail and restaurant concepts. The single-story building is easily accessible and offers ample space for various business types. Its proximity to O'Hare International Airport adds to its strategic location and potential for attracting a wide customer base. This is an unparalleled chance to establish a thriving business in a high-growth area with excellent visibility and convenient access. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 3,500 SF
Lot 0.92 ac (40,075 SF)
UPID US28-2705233

Cap rate & NOI

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

Location

1800 Oakton St 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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More about this property
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