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
Lease Terms
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.
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
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