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181 Northwest Hwy 179-181 S Northwest Hwy 1,400 SF of Office/Retail Space Available in Cary, IL 60013
Highlights
- Corner location along highly traveled U.S. Route 14 with 25,500 vehicles per day.
- Common parking available; building configured for flexible professional or retail uses.
- Positioned within a TIF district, allowing potential tax and redevelopment benefits.
- Monument signage rights for enhanced visibility on major thoroughfare.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 181 | 1,400 SF | Negotiable | $19.29 CAD/SF/YR $1.61 CAD/SF/MO $27,006 CAD/YR $2,250 CAD/MO | Modified Gross |
1st Floor, Ste 181
This office/retail space offers an adaptable layout ideal for a single tenant requiring visibility and functionality. The configuration includes a combination of private offices, open work or retail area, and kitchenette, complemented by ample storage space in the basement with restroom access. Located on a signalized, high-traffic roadway, the property offers signage opportunities and convenient ingress/egress for customers. Recent exterior improvements create a professional setting that suits a range of business types including professional services, boutique retail, or creative operations. Lease is structured as modified gross, minimizing operational costs for tenants while preserving flexibility.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
- 3 Private Offices
- Kitchen
- Highly Desirable End Cap Space
- Suite features kitchenette with coffee bar.
- Convenient location on Route 14.
- Eligible for incentives within the TIF district.
- Efficient office/retail layout.
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.
Select Tenants at 181 Northwest Hwy
- Tenant
- Description
- US Locations
- Reach
- Emerald Mortgage Corporation
- Finance and Insurance
- 1
- Local
- General Laminating
- Professional, Scientific, and Technical Services
- 1
- -
- Harmon Performance Training
- Professional, Scientific, and Technical Services
- 1
- -
- Smokey's Glass
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Emerald Mortgage Corporation | Finance and Insurance | 1 | Local |
| General Laminating | Professional, Scientific, and Technical Services | 1 | - |
| Harmon Performance Training | Professional, Scientific, and Technical Services | 1 | - |
| Smokey's Glass | Retailer | 1 | - |
Property Facts
| Total Space Available | 1,400 SF | Year Built | 1950 |
| Property Type | Retail | Parking Ratio | 2.5/1,000 SF |
| Gross Leasable Area | 1,400 SF |
| Total Space Available | 1,400 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,400 SF |
| Year Built | 1950 |
| Parking Ratio | 2.5/1,000 SF |
About the Property
The property at 181 Northwest Highway in Cary, Illinois, consists of a 1,400-square-foot office/retail building situated on a 10,000-square-foot triangular lot along U.S. Route 14. Located within a Tax Increment Financing (TIF) district, the site benefits from B3 zoning which accommodates retail and office uses. Building features include three private offices, a front retail or clerical area, a kitchenette with a coffee bar, a basement with storage and bathroom, and two separate entrances. Exterior improvements include recent tuckpointing and updated doors and windows. Positioned on a high-visibility corridor with monument signage rights, the property experiences traffic counts of approximately 25,500 vehicles per day.
- Signage
Nearby Major Retailers
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181 Northwest Hwy | 179-181 S Northwest Hwy
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