1100 Elmhurst RdMount Prospect, IL 60056

Property Details for 1100 Elmhurst Rd

Year built

1970

Lot size

2.87 AC

Property size (Sq ft)

17,700 SF

Property type

Retail space

APN

08-14-401-029

APU

814401029

Description

Countryside Court offers 5,724 square feet of vacant medical office space for lease in a thriving Mount Prospect, IL location. This single-story, 31,900 square foot building, constructed in 1974, features 17 suites, with available spaces ranging from 1,260 to 1,923 contiguous square feet. The property sits on a 2.87-acre lot at the high-traffic intersection of Golf and Elmhurst Roads, boasting over 30,000 vehicles per day. The building enjoys high occupancy, with a diverse tenant mix including retail, office, and restaurant users. The property is zoned B-5 and located in Cook County, Illinois, at 1100 S Elmhurst Rd, Mt Prospect, IL 60056. This is an excellent opportunity for medical professionals seeking a well-established location with high visibility and ample parking. The minimum leasable space is 1,260 square feet. The property's convenient location and strong tenant base make it an ideal investment for medical practices of all sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $4,698,040

  6.5%

  $4,336,652

  7%

  $4,026,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,528,340

  Geo Method

  $5,809,671

• Alternative Use

  Use

  Valuation

  Residential

  $3,658,128

  Hospitality

  $3,350,826

  Educational

  $2,787,848

  Medical

  $2,883,726

  Retail

  $4,336,652

Location Insight

City

Mount Prospect

County

Cook

State

Illinois

Latitude

42.0443

Longitude

-87.9417

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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