Lease Terms:
Total Gross Rent - Approximately $3,345.90/month (Base Rent + Taxes)
Property Features:
Size & Layout - 1,350 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
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 approx 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.
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 or delis
* Specialty food markets
* Boutique retail stores
* Professional services (e.g., insurance agencies, law firms, consulting offices)
* And more...
Listed by Ted Aretos at EatZ & Associates /EatZ Real Estate Group LLC