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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
80 Transit Score
50 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

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

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

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 approx 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.

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 or delis
* Specialty food markets
* Boutique retail stores
* Professional services (e.g., insurance agencies, law firms, consulting offices)
 * And more...

Listed by Ted Aretos at EatZ & Associates /EatZ Real Estate Group LLC

Highlights

Total Gross Rent - Approx $3,345/Month (Base Rent + Taxes)
1,350 SqFt In A Vanilla Shell Condition - Ready For Customization
At The Intersection Of IL-83 & Northwest Highway (US-14) - This Corner Property Benefits From High Visibility & Accessibility
Just A 3-Minute Walk To The Mount Prospect Metra Station (Union Pacific Northwest Line) - Providing Direct Access To Downtown Chicago In 35 Minutes
The Area Boasts Significant Traffic Volumes - With Nearby Streets Like IL-83 & S Main St Experiencing Daily Traffic Counts Of 18,925 & 18,138 Vehicles
Bring Your Concept Here - Coffee Shops, Cafés, Delis, Quick-Service Restaurants, Food Markets, Retail Stores, Professional Services & More

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Mount Prospect Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 0 min 2 min 0.2 mi
Cumberland Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.2 mi
AirportDriveWalkDistance
Chicago O'Hare International 15 min - 9.2 mi
Chicago Midway International 45 min - 24.9 mi
Ted Aretos 815-761-8334 Eatz & Associates
Ted Aretos 815-761-8334 Eatz & Associates