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    Mount Prospect, IL
    Shopping Center

    Mount Prospect, IL Shopping Centers for Sale

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    Fully Leased Neighborhood Shopping Center
    Updated: Oct 1
    Fully Leased Neighborhood Shopping Center

    1706-1742 E. Kensington Rd., Mount Prospect, IL 60056

    Contact for pricing
    33,152 sqft 4.25 AC lot
    33,152‑square‑foot shopping center on approximately 4.25 acres
    14 service‑oriented tenants; approximately 72% of the center leased through 2030 or beyond
    7.50% cap rate with contractual rent increases averaging 2.5% annually
    Nearly 1,000 feet of combined frontage at the signalized Kensington Road and Wolf Road intersection
    Approximately 175 parking spaces
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    See hot listings in Mount Prospect

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Shopping Center for sale in Mount Prospect, IL. Based on your search, we've also compiled 21 Potential Opportunities for your consideration: 4 properties in nearby cities, 13 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Property with Central Air
    Retail Property with Central Air

    611 Milwaukee Ave, Glenview, IL 60025

    $2,000,000
    8,770 sqft  Built 2009

    Built in 2009, the property has central air conditioning.

    View details
    Five-Unit Retail Property
    Five-Unit Retail Property

    611 Milwaukee Avenue, Glenview, IL 60025

    $1,400,000
    Multi-tenant  Built 2009  brick  1.4 acres

    Four spaces are configured for restaurant operations, with a separate salon unit and on-site parking.

    On-site parking
    View details
    Neighborhood Retail Strip Center
    Neighborhood Retail Strip Center

    2823 Dundee Rd, Northbrook, IL 60062

    Contact for pricing
    Multi-tenant  18,782 sqft  Built 1965 / renov 1989  1.67 acres
    32,900 VPD  Highway access

    Stabilized strip center with 18,782 SF of retail space and parking for 4.42 vehicles per 1,000 SF.

    View details
    Northbrook Mixed-Use Investment Opportunity
    Northbrook Mixed-Use Investment Opportunity

    1310 Shermer Road, Northbrook, IL 60062

    Contact for pricing

    Mixed-use property with commercial and residential components in affluent Northbrook.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    20420 N Rand Road, Deer Park, IL 60074

    $2,500,000
    1.94 acres

    PUD-zoned commercial land with Rand Road frontage and natural gas availability.

    View details
    Corner Commercial Land
    Corner Commercial Land

    8450 Willow Springs Road, Willow Springs, IL 60480

    $800,000
    1.9 acres

    Nearly two acres at a corner near I-294, I-55, and Route 83.

    View details
    Commercial Corner Lot
    Commercial Corner Lot

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 acres  B1
    60,000 VPD

    Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

    Utilities to site
    View details
    Corner Commercial Land
    Corner Commercial Land

    237 W 79th Street, Chicago, IL 60620

    Near South Side
    $130,000
    0.16 acres

    Four adjoining parcels carry a COMMR zoning designation in Chicago.

    View details

    Off-Market Properties in Mount Prospect, IL

    Consider similar Off-Market properties in Mount Prospect, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1801 Algonquin Rd, Unit 43
    MINI-MALL

    1801 Algonquin Rd, Mount Prospect, IL 60056-4805

    Unit 43
    Estimated value:
    $3,380,000
    1.74 AC lot
    View details
    999 Elmhurst Rd
    MINI-MALL

    999 Elmhurst Rd, Mount Prospect, IL 60056-1133

    Estimated value: by Request
    View details
    2380 Oakton St
    MINI-MALL

    2380 Oakton St, Mount Prospect, IL 60056

    Estimated value:
    $415,000
    3.56 AC lot
    View details
    1701 Golf Rd
    MINI-MALL

    1701 Golf Rd, Mount Prospect, IL 60056-4025

    Estimated value: by Request
    View details
    1522 Elmhurst Rd
    MINI-MALL

    1522 Elmhurst Rd, Mount Prospect, IL 60056-1011

    Estimated value:
    $415,000
    1.40 AC lot
    View details
    902 Rand Rd
    MINI-MALL

    902 Rand Rd, Mount Prospect, IL 60056

    Estimated value:
    $500,000
    9.13 AC lot
    View details
    235 Rand Rd
    MINI-MALL

    235 Rand Rd, Mount Prospect, IL 60056-1131

    Estimated value:
    $555,000
    9.42 AC lot
    View details
    1708 Kensington Rd
    MINI-MALL

    1708 Kensington Rd, Mount Prospect, IL 60056

    Estimated value:
    $460,000
    4.25 AC lot
    View details
    1749 Busse Rd
    MINI-MALL

    1749 Busse Rd, Mount Prospect, IL 60056

    Estimated value:
    $380,000
    3.59 AC lot
    View details
    1640 Algonquin Rd
    MINI-MALL

    1640 Algonquin Rd, Mount Prospect, IL 60056-5500

    Estimated value:
    $410,000
    2.60 AC lot
    View details
    1710 Golf Rd, Unit 86
    MINI-MALL

    1710 Golf Rd, Mount Prospect, IL 60056-4071

    Unit 86
    Estimated value:
    $460,000
    5.64 AC lot
    View details
    916 Elmhurst Ave
    Neighborhood centers

    916 Elmhurst Ave, Mount Prospect, IL 60056

    Estimated value: by Request
    29,621 sqft
    View details
    727 Golf Rd
    MINI-MALL

    727 Golf Rd, Mount Prospect, IL 60056-4114

    Estimated value:
    $520,000
    12.79 AC lot
    View details

    Mount Prospect, IL Shopping Centers Market Trends and Statistics

    Explore 14 shopping centers for sale in Mount Prospect, IL on our real estate platform. These investment opportunities span a total of 33,152 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 13
    Grocery and convenience stores 4
    Automotive properties 3
    Storefront properties 3
    Auto shops 2

    Demographics Overview

    Population 56K
    Population Growth (5Y) +1.3%
    Median Household Income $104,168
    College Educated 66.2%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Mount Prospect fall within the 50,000 to 100,000 square foot range.

    How Realmo verifies these figures

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