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100-110 S Emerson St
Mount Prospect, IL 60056 Downtown Mount Prospect

$2,900,000 USD

Apartments Condo For Sale  •  14,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 87,595 SF
  • Lot Size 0.64 AC
  • Building Class A
  • Year Built 2007
  • Zoning B5C
90 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 100-110 Retail 14,000 SF $2,900,000 USD
  • Unit Size: 14,000 SF
  • Condo Use: Retail
  • Price: $2,900,000 USD
  • Sale Type: Investment
  • Price/SF: $207.14 USD
Sale Notes
The subject property, located at 100–110 S. Emerson Street in the heart of Downtown Mount Prospect, Illinois, presents an exceptional opportunity to acquire a well-located, income producing retail investment within one of Chicago's most active suburban downtown districts. Positioned just steps from the Mount Prospect Metra Station and surrounded by an expanding mix of restaurants, retail, residential developments, and community amenities, the property benefits from strong pedestrian activity and excellent regional accessibility. Its premier downtown location provides a durable foundation for
long-term tenant demand and investment performance. 

Downtown Mount Prospect has experienced significant public and private investment over the past decade, transforming the area into a vibrant mixed-use destination while attracting hundreds of new residential units, enhanced retail offerings, and substantial infrastructure improvements. Village leadership
continues to prioritize downtown redevelopment, reinforcing the long-term vitality of the district and creating a favorable environment for existing commercial assets. These ongoing investments strengthen the property's position within a market characterized by limited availability of quality downtown retail opportunities. 

This offering presents the opportunity to acquire a stabilized investment property with the potential for future income growth through lease rollover and market rent adjustments. Combining dependable in-place cash flow with an irreplaceable downtown location, 100–110 S. Emerson Street offers investors the
opportunity to own a premier retail asset positioned to benefit from the continued evolution and long-term success of Downtown Mount Prospect.

Description

The property at 100–110 S. Emerson Street is ideally situated in the heart of Downtown Mount Prospect, one of Chicago's premier suburban downtown districts. The location offers exceptional accessibility, just steps from the Mount Prospect Metra Station and with convenient access to Interstate 90, Interstate 294, and Illinois Route 83, providing seamless connectivity throughout the Chicago metropolitan area. Surrounded by an expanding mix of restaurants, boutiques, residential developments, and community
amenities, the property benefits from strong pedestrian activity and a vibrant downtown atmosphere. Ongoing public and private investment, combined with Mount Prospect's stable demographics, pro-business environment, and commitment to downtown revitalization, continues to reinforce the area's long-term appeal for retailers, investors, and residents alike.

Property Flyers

Amenities

  • Air Conditioning
  • Elevator
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
Mount Prospect Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 3 min 0.2 mi
Cumberland Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.2 mi
Transit/SubwayDriveWalkDistance
Mount Prospect Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 3 min 0.2 mi
AirportDriveWalkDistance
Chicago O'Hare International 16 min - 9.0 mi
Chicago Midway International 45 min - 24.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Donna Ballentine 847-254-1215 Capital Commercial Real Estate Brokerage
Donna Ballentine 847-254-1215 Capital Commercial Real Estate Brokerage