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250 McHenry Rd
Buffalo Grove, IL 60089

Rate Upon Request

Apartments For Lease  •  4,748+ SF

Property Details

  • Property Type Apartments
  • Year Built 2025
  • Total Building Size 387,377 SF
  • Building Class B
  • Zoning B5
0 Transit Score
71 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 4,748-9,586 SF Rate Upon Request
The Clove represents a transformative $150 million redevelopment in Buffalo Grove, creating a vibrant “Main Street” destination that blends upscale living with premier retail and dining opportunities. Positioned at the northwest corner of Lake Cook Road and McHenry Road, this thoughtfully designed mixed-use community offers retailers and restaurateurs an unparalleled opportunity to connect with an affluent, highly engaged customer base.

The development features approximately 15,000 SF of ground-floor retail space beneath 297 luxury apartment units, ensuring a built-in clientele. With flexible configurations up to 9,586 SF and the ability to demise to tenant needs, The Clove is ideal for boutique fitness studios, elevated dining concepts, and premium service providers. Surrounding amenities include a landscaped Village Green, enhanced connectivity, and abundant parking with 65 on-street spaces plus a four-story deck.

Buffalo Grove’s strong demographics—average household incomes exceeding $145,000 within three miles and a daytime population of nearly 99,000—underscore the market’s purchasing power. Located just 30 miles northwest of Chicago, the site benefits from high visibility along major corridors with combined traffic counts exceeding 56,000 vehicles per day, and convenient access to O’Hare International Airport. This is a rare chance to secure space in a dynamic, community-centric environment designed for long-term success.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Retail
  • Space Type: Relet

Highlights

Prime retail positioning within a $150M mixed-use redevelopment
Ground-floor space beneath 297 luxury apartments
Flexible layouts up to 9,586 SF with custom demising options
Affluent trade area with household incomes over $145K
High-traffic location with 56,450 vehicles per day

Property Flyers

Amenities

  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Recycling
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Buffalo Grove Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.1 mi
Wheeling Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.6 mi
AirportDriveWalkDistance
Chicago O'Hare International 48 min - 16.0 mi
Chicago Midway International 59 min - 32.5 mi
Steve Schwartz 312-228-2157 RKF
Steve Schwartz 312-228-2157 RKF