312-275-3113
1-55 S Wolf Rd, Prospect Heights, IL for Sale
Retail - FOR SALE
1/4
null | Request Cap Rate

1-55 S Wolf Rd
Prospect Heights, IL 60070
Des Plaines/Arlington Hts Corridor


OVERVIEW

Baum Realty Group, LLC has been exclusively retained to market for sale the Ascot Shopping Center located in Prospect Heights, Illinois. The Ascot Shopping Center consists of two single-story retail buildings, totaling approximately 27,123 square feet of rentable building area on ±101,036 SF (2.3 acres) of land. The center is approximately 85% leased to a diverse mix of locally-owned, service-oriented tenants including a daycare, restaurants, a dog groomer, and a video gaming lounge. The offering provides investors with the ability to unlock meaningful upside through strategic capital improvements, active leasing, and repositioning of the tenant mix. Offered at an attractive land basis, the Property also represents a rare opportunity to control a well-located land parcel at a cost far below replacement value with flexibility to execute multiple business plans ranging from traditional lease-up to partial redevelopment or long-term land hold. Located at the southeast corner of E. Camp McDonald Road and S. Wolf Road immediately adjacent to the Prospect Heights Metra Station, the property offers high visibility and strong street traffic with this intersection seeing over 15,560 vehicles per day (VPD). An online auction event will be conducted on RealINSIGHT Marketplace (“RI Marketplace”) in accordance with the Sale Event Terms and Conditions. Subject to Offer. Contact Broker for more information. Auction Start Date: June 8, 2026 Auction End Date: June 10, 2026 The ±33,050 SF Wolf Point Shopping Center, located directly across the intersection, is also up for auction on RI Marketplace in the June 8th Event. Contact Broker for more information.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ascot Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,994 SF

ZONING

-

APN/PARCEL ID

03-26-205-010-0000

ASK ABOUT THIS PROPERTY

Ari TopperBaum Realty Group, LLCMore Info
312-275-3113

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Ari TopperBaum Realty Group, LLCMore Info
312-275-3113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.