For Lease
$25/SF/YR

1423 Ellinwood St Des Plaines, IL 60016

New 190,000 SF development, build-to-suit options.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Class A, six-story, 190,000-square-foot retail and office development in Des Plaines, Illinois, offers unparalleled opportunities. Located at 1423 Ellinwood St, 60016, this new 2022 construction sits on a 2.21-acre lot and is part of a vibrant mixed-use complex including 212 luxury apartments and extensive amenities. The property features multiple tenancy options, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 3,000 square feet. The building is ideally suited for a variety of uses, including creative office, medical office, executive office, traditional office, coworking, storefront, and street retail. One unit of approximately 12,916 square feet is currently available, featuring dedicated mechanical ductwork for kitchen exhaust. Build-to-suit options are available for qualified tenants. This prime location offers high visibility in the heart of Des Plaines' downtown transit-oriented district, directly across from the Metra station, providing convenient access to public transportation and major highways. The surrounding area boasts additional residential developments, ensuring a strong customer base. Business assistance grant programs from the City of Des Plaines offer incentives up to $100,000. Ample on-site and garage parking is available. This is an exceptional opportunity to establish a presence in a thriving, easily accessible location.

Highlights

  • Build-to-suit options available for qualified tenants.
  • 2,916 square feet of prime retail space.
  • City offers business incentives up to $100,000.
  • Tenant improvement allowances available.
  • Open floor plan with dedicated exhaust; wide storefront with street frontage.
  • Excellent Metra access and ample parking.

Property Details for 1423 Ellinwood St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
190,000 SF
Class
A
Year Built
2022
Buildings
1
Stories
6

Unit(s) available at that property

Space
Welkin
Size
2,916 SF
Rate per SF
$25

Location Insight

City
Des Plaines
County
Cook
State
Illinois
Latitude
42.041633913256
Longitude
-87.889213321895

FAQs

What type of property is this?
Retail property - New 190,000 SF development, build-to-suit options.
Where is the retail property located?
The property is located at 1423 Ellinwood St Des Plaines, IL.
What is the lease rate?
The lease rate is $25/SF/YR.
What are key features of this property?
This property features: Build-to-suit options available for qualified tenants.; 2,916 square feet of prime retail space.; City offers business incentives up to $100,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1423 Ellinwood St
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