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16 W Busse Ave
Mount Prospect, IL 60056 Downtown Mount Prospect

$2,700 USD/MO

Apartments For Lease  •  1,350 SF

Property Details

  • Property Type Apartments
  • Year Built 1926
  • Total Building Size 7,393 SF
  • Building Class C
  • Zoning Mixed Use
35 Transit Score
88 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 6 Retail 1,350 SF $24.00 USD/SF/YR
Prime Downtown Mount Prospect Retail/Office Space – 6 W Busse Ave
Size: 1,350 SF
Base Rent: $2,700.15/month NNN
Taxes: $5.74/SF/year ($7749/yr)
Total Gross Rent: Approximately $3,345.90/month

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 approximately 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.

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

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

Boutique retail stores

Professional services (e.g., insurance agencies, law firms, consulting offices)

Specialty food markets or delis

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

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 approximately 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.

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

Lease Terms

Total Gross Rent: Approximately $3,345.90/month (Base Rent + Taxes)

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

Boutique retail stores

Professional services (e.g., insurance agencies, law firms, consulting offices)

Specialty food markets or delis

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Mount Prospect Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 3 min 0.1 mi
Cumberland Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.7 mi
AirportDriveWalkDistance
Chicago O'Hare International 20 min - 10.4 mi
Chicago Midway International 48 min - 33.0 mi
Ted Aretos 815-761-8334 Eatz & Associates
Ted Aretos 815-761-8334 Eatz & Associates