Mount Prospect, IL Strip malls for sale

Updated: Oct 1

Fully Leased Neighborhood Shopping Center

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

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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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1 active listing matches your search: Strip Mall for sale in Mount Prospect, IL. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 3 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

611 Milwaukee Ave, Glenview, IL 60025

$2,000,000

8,770 sqft Built 2009

Built in 2009, the property has central air conditioning.

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Starbucks-Anchored Retail Center

1085 E Lake Cook Rd, Wheeling, IL 60090

$5,615,000

Multi-tenant 27,232 sqft Built 1985

100% occupied / 7.8% cap rate Starbucks co-tenants

Neighborhood retail center with a drive-through anchor and illuminated tenant signage.

Pylon signage Drive-thru

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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

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Retail Center

820 Wheeling Rd, Wheeling, IL 60090

Contact for pricing

13,382 sqft Built 1998

Retail property offering 13,382 square feet of commercial space for sale.

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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.

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.

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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

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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.

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Mount Prospect, IL Strip Malls for Sale

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