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Restaurant Space downtown Mt Prospect 113 S Main St
3,000 - 7,000 SF of Retail Space Available in Mount Prospect, IL 60056
Highlights
- Heart of downtown Mt Prospect
- Heavy foot traffic
- Ideal restaurant location with outdoor dining
- Across from the Mt Prospect train station
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Brand new 4,000 sqft restaurant space with outdoor seating and easy vehicle parking
- Fully Built-Out as a Restaurant or Café Space
- High End Trophy Space
- brand new construction
1st Floor
Brand new retail available for lease in downtown Mt Prospect
- Fully Built-Out as Standard Retail Space
- High End Trophy Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 113 S Main St , Mount Prospect, IL 60056
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Freestanding | Construction Status | Proposed |
| Gross Leasable Area | 7,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,000 SF |
| Year Built | 2025 |
| Construction Status | Proposed |
About the Property
105-115 Main Street is the heart of downtown Mount Prospect situated at the corner of S Main Street (Elmhurst Road) and Northwest Highway (Rt-14). The retail is across from the Mt Prospect Metra Station (service from Chicago to Harvard), surrounded by multiple new apartments developers and the Village Hall. Two brand new buildings are being constructed ideal for retailers anticipated at 4,000 sqft and 3,000 sqft (see rendering). Pace Bus #234 also serves the property with stops from Buffalo Grove to Dundee Rd & Wolf Rd. Randhurst Village Shopping Mall is 1.5 miles to the north 63,637 people live in the 2-mile radius and 304,433 in the 5-mile radius with average household incomes of $121,260 and $108,679 respectively. Consumers in the 2-mile radius spend on average $9,919 per household on food and alcohol ($237M) and in the 5-mile radius $9,292 per household ($1.09B). Daily traffic counts on Main Street and Northwest Highway are 32,599 vehicles per day.
Nearby Major Retailers
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Restaurant Space downtown Mt Prospect | 113 S Main St
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