Elk Grove Town Center

A Unit of UnitedHealth Group

980 Elk Grove Town Center

Elk Grove Village, IL 6007

B2 – General Business District

Year built in 1998, the center consists of 12.78 acres and 47,704 SF.

Property Description

Elk Grove Town Center is currently 98.5% occupied by a diverse mix of 15 e-commerce-resistant tenants including a drive- thru Chipotle, Jimmy John’s, Chase Bank, Buffalo Wild Wings, Dollar Tree, and more. Elk Grove Town Center is an excellent opportunity to secure a stable cash flow from quality credit tenants in an exceptional in-fill Chicago suburb. The offering includes a new 20 year lease with Popeyes which is expected to open in 2023.

Highlights

Irreplaceable infill suburban Chicago location within 5 miles of O’Hare and 20 miles from downtown featuring a large, affluent community with an average 5-mile population of 223,081 and an average household income of $115,326.
Prominent retail location at one of the busiest intersections in Elk Grove Village with over 50,000 VPD traveling through the intersection of Arlington Heights and Biersterfield Road.
Only 3 miles from the 4,000-acre Elk Grove Village Business Park with millions of SF of office and industrial space and over 100,000 employees.
Adjacent to the Elk Grove Municipal Complex that houses the Indoor Pavilion, Public Library, Sports Complex, Admin Offices, and children’s theme park, providing a stable consumer base for the shopping center.