312-607-5405
742 W Higgins Rd, Park Ridge, IL for Rent

$39.00-$45.00 USD /SF/yr

Retail - For Rent
1/5
2,050-5,000 SF | 2 Spaces

742 W Higgins Rd
Park Ridge, IL 60068


OVERVIEW

742 W Higgins Rd is a multi-tenant retail property positioned along the highly trafficked Higgins Road commercial corridor in Park Ridge. The property offers strong visibility, convenient access, and ample on-site parking, serving a dense and established residential community. The center has a proven history of successful restaurant and quick-service operations, making it an ideal location for national and regional food operators. Existing restaurant infrastructure within the available spaces significantly reduces buildout timelines and capital investment compared to ground-up construction or vanilla shell space. The combination of strong suburban demographics, corridor traffic, patio activation, and existing commercial kitchen improvements creates a turnkey opportunity for food and beverage users seeking immediate market presence. Prime Higgins Road Corridor Location: Positioned along a highly trafficked commercial artery in Park Ridge with strong daily vehicle counts, established retail presence, and excellent suburban demographics. The location offers immediate brand visibility and convenient access for both local residents and commuter traffic. Second-Generation Restaurant Infrastructure The property features substantial existing restaurant buildout, including multiple 20-foot Type I hoods, full commercial kitchen systems, and ventilation infrastructure. This dramatically reduces tenant buildout costs and shortens time to opening compared to new construction or vanilla shell space. Flexible Space Configurations The former DUA space offers approximately 5,000 SF and can be demised to 4,000 SF, accommodating full-service, fast-casual, or hybrid dine-in/takeout models. The former Dunkin’ space provides an efficient 2,000 SF QSR layout ideal for beverage-forward or counter-service operators. Indoor and Outdoor Patio Activation The main restaurant includes a 1,200 SF enclosed, heated and cooled patio functioning as year-round interior seating. The QSR space includes a 1,200 SF open patio, enhancing customer experience and seasonal capacity. Proven Restaurant Location Both spaces were previously occupied by established food operators, confirming viability for QSR and restaurant concepts. Existing kitchen layouts and service flow are optimized for high-volume operations. Attractive Lease Structure Competitive base rents with clearly defined NNN expenses provide transparency and market positioning that appeals to national brands and franchise groups seeking predictable occupancy costs. Turnkey Opportunity with Capital Savings The embedded kitchen infrastructure and patio buildouts represent significant value, potentially saving incoming tenants substantial upfront construction and equipment costs. This property delivers operational readiness, brand visibility, and suburban consumer density—an ideal combination for national and regional restaurant operators.

RENTAL DETAILS

SPACE AVAILABLE

2,050-5,000 SF

# OF SPACES

2

RENT RATE (MO)

$3.25-$3.75 USD /SF/mo

RENT RATE (YR)

$39.00-$45.00 USD /SF/yr

LEASE TYPE

Triple Net, TBD

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

-

TOTAL BUILDING SIZE

10,000 SF

YEAR BUILT

2010

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C

ASK ABOUT THIS PROPERTY

Ariel MariniBerkshire HathawayMore Info
312-607-5405

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Ariel MariniBerkshire HathawayMore Info
312-607-5405

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