815-761-8334

NO PHOTO

$19.35 USD /SF/yr

Retail - For Rent
1,600 SF | 1 Space

NEW


16 W Busse Ave
Mount Prospect, IL 60056
Downtown Mount Prospect


OVERVIEW

?? Prime Downtown Mount Prospect Retail/Office Space – 6 W Busse Ave Size: 1,600 SF Base Rent: $2,580/month NNN Taxes: $5.74/SF/year ($765.90/month) Total Gross Rent: Approximately $3,345.90/month? ?? Location Highlights Strategic Positioning: Situated at the intersection of IL-83 and Northwest Highway (US-14), this corner property benefits from high visibility and accessibility.? Proximity to Transit: Just a 3-minute walk to the Mount Prospect Metra Station (Union Pacific Northwest Line), providing direct access to downtown Chicago in approximately 35 minutes .? High Foot and Vehicle Traffic: The area boasts significant traffic volumes, with nearby streets like IL-83 and S Main St experiencing daily traffic counts of 18,925 and 18,138 vehicles, respectively.? ?? Property Features Size & Layout: 1,600 square feet in a vanilla shell condition, ready for customization.? Amenities: Central HVAC system. One restroom. Fully up to code with sprinkler system and fire alarm. Partitioned areas suitable for a showroom, seating, kitchen, storage, or office space.? LoopNet Base Rent: $2,580 NNN/month. Property Taxes: $5.74/SF/year, totaling $9,190/year or $765.90/month. Total Gross Rent: Approximately $3,345.90/month.? ??? Surrounding Developments Prospect Place: A contemporary mixed-use development featuring 80 luxury apartments and ground-floor commercial spaces. Amenities include a rooftop terrace, fitness center, and pet spa .? Maple Street Lofts: A six-acre transit-oriented development comprising 15,000 square feet of commercial space, 257 rental units, and 56 rowhomes .? Wingspan Development Group HQ Residences: An 88-unit mixed-use development with 3,200 square feet of retail/restaurant space, built on the former site of the Mount Prospect Police and Fire Headquarters .? ?? Demographics (1-Mile Radius) Population: 17,510 residents. Households: 6,445. Median Age: 43.7 years. Median Household Income: $117,270. Daytime Employees: 6,071.? Crexi +10 Village of Mount Prospect, IL | Home +10 Crain's Chicago Business +10 ?? Walkability & Accessibility Walk Score: The area is rated as very walkable, ensuring steady pedestrian traffic .? Public Transportation: Easy access to Metra services and local bus routes enhances connectivity for both customers and employees.? ?? Ideal Business Opportunities Given the location, layout, and surrounding developments, the space is well-suited for: Quick-service or carryout restaurants. Coffee shops or cafés. Boutique retail stores. Professional services (e.g., insurance agencies, law firms, consulting offices). Specialty food markets or delis.

RENTAL DETAILS

SPACE AVAILABLE

1,600 SF

# OF SPACES

1

RENT/MONTH

$2,580 USD /mo

RENT RATE (MO)

$1.61 USD /SF/mo

RENT RATE (YR)

$19.35 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

7,393 SF

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26001 AC

LAND SF

11,326 SF

ZONING

Mixed Use

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Ted AretosEatz & AssociatesMore Info
815-761-8334

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Ted AretosEatz & AssociatesMore Info
815-761-8334

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