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1226 - 1238 N River Road, Mount Prospect, IL

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DetailMap
1226 - 1238 N River Road

Mount Prospect, IL 60056-1849 - Schaumburg Area Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1971
Building Size:7,630 SF Land Area:.71 AC (30,875 SF)
% Leased:
For Sale Price:$393,000 Price/SF:$51.51
Cap Rate:-
Smallest Space:980 SF Largest Space:1,050 SF Total Space Avail:2,030 SF Rent/SF/Yr:
$7.22 - $7.43
Parking:38 Surface spaces are available; Ratio of 4.98/1,000 SF
Features:Bus Line, Pylon Sign, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,050 SF
$7.43/SF/Yr
Vacant
3-5 yrs
Retail
 1st
980 SF
$7.22/SF/Yr
Vacant
3-5 yrs
Retail
 
2629790
2080747


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,050 SF
$7.43/SF/Yr
Vacant
3-5 yrs
Retail
1st
980 SF
$7.22/SF/Yr
Vacant
3-5 yrs
Retail
7,600 square foot retail center along River Road in Mt. Prospect. The center is occupied by
a mix of tenants that have all been at the center for at least 7 years. The center is currently
producing a net operating income of approximately $26,000.

The center enjoys strong demographics, including a population of approximately 100,000
within a 3-mile radius of the property. The center is located less than 2 miles from
Glenbrook Hospital. Retailers in close proximity include Walgreens, Dunkin Donuts,
Hardees, and BP, among others.

Sale Notes:
7,6000 square foot retail center along River Road in Mt. Prospect. The center is occupied
by a mix of tenants that have all been at the center for at least 7 years. The center is
currently producing a net operating income of approximately $10,000
The center enjoys strong demographics, including a population of approximately 100,000
within a 3-mile radius of the property. The center is located less than 2 miles from
Glenbrook Hospital. Retailers in close proximity include Walgreens, Dunkin Donuts,
Hardees, and BP, among others.

Frontline Real Estate Partners
Joshua E Joseph
(847) 770-6262

Andrew Rubin
(224) 628-4005


Frontline Real Estate Partners
Zack Pearlstein
(847) 275-6106

Andrew Rubin
(224) 628-4005



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