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506 E Northwest Highway, Mount Prospect, IL

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506 E Northwest Highway

Mount Prospect, IL 60056 - Schaumburg Area Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1960
Building Size:3,504 SF Land Area:.28 AC (12,345 SF)
For Sale Price:$687,500 Price/SF:$196.20
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 8.56/1,000 SF
Features:24 Hour Availability, Air Conditioning, Bus Line, Commuter Rail, Metro/Subway, Security System, Signage, Central Employment Area, Center Mixed Use, Storage Space



Sale Notes:
GREAT FREESTANDING MASONRY COMMERCIAL BUILT OUT RETAIL BUILDING,
B-5 ZONING, 3982 SQ FEET, 1000 SQ FT BASEMENT FOR STORAGE,
OUTSTANDING FRONTAGE AND VISIBILITY ON NORTHWEST HIGHWAY
AND FOR METRA UNION PACIFIC NORTHWEST LINE RIDERSHIP,
10,900 CARS PASSING THIS LOCATION A DAY, GREAT SIGNAGE,
LARGE VERY BRIGHT WINDOW LINE, JUST SOUTH OF THE
VERY BUSY INTERSECTION OF NORTHWEST HIGHWAY AND MAIN STREET DOWNTOWN MT PROSPECT,
200 AMP 3 PHASE ELECTRIC SYSTEM,
12,345 SQ FT LOT, LARGE PAVED PARKING LOT IN REAR FOR 40 CARS,
BUILDING HAS ITS OWN DRIVEWAY AND PARKING LOT ENTRANCE OFF OF NORTHWEST HIGHWAY AND BACK ALLEY,
CAN BE USED FOR RESTAURANT, FAST FOOD, COFFEE, RETAIL,
OFFICE,LAUNDRY, GYM, PHYSICAL FITNESS/REHAB, MEDICAL, DENTAL,
INSURANCE, REAL ESTATE, LAWYER, DAY CARE, OR SOME OTHER PROFESSIONAL USE
OR YOU CAN REDEVELOP,
PIN NUMBERS - 08122210050000, 08122210060000, 08122210070000, 08122210080000
DO NOT BOTHER TENANT, CALL LISTING AGENT FOR SHOWING,

@properties Commercial
Michael Levin
(847) 977-5389




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