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Spring Hill Meadows 1023-1049 Main St 4,800 SF of Retail Space Available in Dundee, IL 60118



Highlights
- 4,800 SF end cap with two full sides of glass storefront — exceptional corner visibility and natural light on high-traffic Route 72 corridor
- Gross lease at $8,500/mo with all taxes, CAM, and property maintenance included — tenant only pays their own electric, gas, and water
- Large open main area (60' x 50') with high ceilings and only two columns — flexible layout for a wide range of retail and service uses
- Move-in ready condition with new paint, new epoxy floors throughout, granite-top reception counter, and modern finishes — no buildout needed
- Over 20,400 vehicles per day on Route 72 (W Main St) — prime retail frontage with strong drive-by traffic and excellent signage visibility
- Well-maintained brick, glass, and masonry strip center with quality co-tenants, awnings, ample parking, and central heating and air conditioning
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1049 | 4,800 SF | 1-10 Years | $18.75 /SF/YR $1.56 /SF/MO $90,000 /YR $7,500 /MO | Modified Gross |
1023-1049 W Main St - 1st Floor - Ste 1049
Move-in ready 4,800 SF end cap retail space available for lease in an attractive brick and masonry strip center on Route 72 (W Main St) in Sleepy Hollow. This corner unit features two full sides of glass storefront providing exceptional visibility and natural light, with over 20,400 vehicles per day passing the property. The space is in excellent condition with new paint, new epoxy floors throughout, a granite-top reception counter, updated restrooms, and modern finishes. The layout includes a large open main area with high ceilings and only two columns, a private office, a separate 21' x 18' secondary room ideal for a studio or flex use, a break room with sink, and a welcoming foyer entry. The property sits directly across from the former Spring Hill Mall site, which is currently undergoing demolition ahead of a major planned mixed-use redevelopment expected to bring new residential, retail, and entertainment uses to the area. The strip center itself is well-maintained with quality co-tenants and ample shared parking. Zoned B-2 for retail use. The lease is structured as a gross lease at $8,500 per month with all taxes, CAM, and property maintenance included — tenant is only responsible for their own electric, gas, and water. Lease terms of 1 to 10 years are accepted, with 3 to 5 or 10-year terms preferred. Available immediately. Former martial arts studio. Contact Jason Bitton, RE/MAX Commercial — 847-858-2909 — jasoncre.com
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- High End Trophy Space
- Central Air and Heating
- Wi-Fi Connectivity
- High Ceilings
- After Hours HVAC Available
- Display Window
- 4,800 SF end cap unit — two-sided glass storefront
- Move-in ready — new paint, epoxy floors,
- Gross lease $7,500/mo — taxes, CAM & maintenance
- Route 72 frontage — over 20,400 VPD, high-traffic
- Large open layout — high ceilings, only two column
- B-2 retail zoning — available immediately
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 Spring Hill Meadows
- Tenant
- Description
- US Locations
- Reach
- Elsie's Cafe
- Arts, Entertainment, and Recreation
- 1
- -
- First Choice Fysical Therapy
- Health Care
- 3
- Local
- Hair Cuttery
- Salon/Barber/Spa
- 501
- National
- Rosati's Pizza
- Pizza
- 207
- National
- Salsa Street
- Restaurant
- 1
- -
- Signature Cleaners
- Cleaners
- 1
- -
| Tenant | Description | US Locations | Reach |
| Elsie's Cafe | Arts, Entertainment, and Recreation | 1 | - |
| First Choice Fysical Therapy | Health Care | 3 | Local |
| Hair Cuttery | Salon/Barber/Spa | 501 | National |
| Rosati's Pizza | Pizza | 207 | National |
| Salsa Street | Restaurant | 1 | - |
| Signature Cleaners | Cleaners | 1 | - |
Property Facts
| Total Space Available | 4,800 SF | Frontage | 367’ on Main St |
| Center Type | Strip Center | Gross Leasable Area | 16,800 SF |
| Parking | 105 Spaces | Total Land Area | 2.50 AC |
| Stores | 1 | Year Built | 2005 |
| Center Properties | 1 |
| Total Space Available | 4,800 SF |
| Center Type | Strip Center |
| Parking | 105 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 367’ on Main St |
| Gross Leasable Area | 16,800 SF |
| Total Land Area | 2.50 AC |
| Year Built | 2005 |
About the Property
MOVE-IN READY 4,800 SF END CAP — ROUTE 72 FRONTAGE — SPRING HILL MEADOWS Move-in ready 4,800 SF end cap retail space in Spring Hill Meadows, a well-maintained brick and masonry strip center fronting Route 72 (W Main St) in Sleepy Hollow. Two full sides of glass storefront wrap the corner, delivering exceptional visibility and natural light that inline space cannot match. Over 20,400 vehicles per day pass the property. TURNKEY CONDITION — NO BUILDOUT REQUIRED New paint, new epoxy floors throughout, granite-top reception counter, updated restrooms and modern finishes. Move in and open. The layout includes a large open main area of roughly 60' x 50' with high ceilings and only two columns, a private office, a separate 21' x 18' secondary room suited to a studio, treatment room or flex use, a break room with sink, and a welcoming foyer entry. Formerly a martial arts studio. LEASE TERMS $18.75/SF/YR — $7,500 per month. Real estate taxes, CAM and property maintenance are included. Tenant is responsible only for their own electric, gas and water. No CAM reconciliation and no year-end true-up. Terms of 1 to 10 years accepted; 3-5 or 10-year terms preferred. Available immediately. PARKING 105 shared surface spaces across the 2.50-acre site — approximately 6.25 spaces per 1,000 SF of gross leasable area. Well above the five-per-thousand retail standard and far above what most inline centers offer. Free, unrestricted, and directly at the door. CO-TENANCY Established center with a stable, service-oriented tenant mix including Rosati's Pizza, Hair Cuttery, First Choice Physical Therapy, Salsa Street, Elsie's Cafe and Signature Cleaners. Daily-needs traffic, repeat customers, and no direct competition for most incoming uses. SPRING HILL MALL REDEVELOPMENT The property sits directly across from the former Spring Hill Mall site, now undergoing demolition ahead of a major planned mixed-use redevelopment expected to bring new residential, retail and entertainment uses to the corridor. Tenants signing now lock in current rents ahead of the traffic and rooftop growth that redevelopment is projected to generate. BUILDING FEATURES 24-hour access. Tenant-controlled HVAC with after-hours availability. Central heating and air conditioning. Display windows. High ceilings. Wheelchair accessible. Courtyard. Wi-Fi connectivity. Awnings and monument signage. LOCATION Route 72 (W Main St) frontage in Sleepy Hollow, Kane County, with 367 feet of center frontage on Main St. Minutes to Randall Road, Route 31, and I-90 via Randall. Surrounded by strong national and regional draws including Jewel-Osco, Chase, Fifth Third, Huntington, U.S. Bank, Denny's, Red Lobster, Olive Garden and CrossFit. Serves Sleepy Hollow, West Dundee, East Dundee, Carpentersville, Elgin, Algonquin and the greater Fox Valley. IDEAL FOR Martial arts studio, karate, jiu jitsu, taekwondo, boxing gym, kickboxing, MMA gym, fitness studio, gym, personal training, CrossFit, yoga studio, pilates, barre studio, spin studio, dance studio, gymnastics, cheer gym, tumbling, indoor sports, golf simulator, physical therapy, occupational therapy, chiropractor, chiropractic clinic, massage therapy, med spa, wellness clinic, IV therapy, weight loss clinic, urgent care, medical office, dental office, dentist, orthodontist, optometrist, veterinary clinic, pet grooming, doggy daycare, salon, hair salon, barbershop, nail salon, spa, tanning, brow bar, lash studio, tutoring center, learning center, test prep, music school, art studio, preschool, daycare, party room, event space, banquet hall, restaurant, fast casual, cafe, coffee shop, bakery, ice cream, juice bar, smoothie shop, catering, ghost kitchen, retail store, boutique, apparel, furniture showroom, appliance showroom, flooring showroom, cabinet showroom, kitchen and bath showroom, insurance agency, real estate office, title company, attorney, law office, accountant, CPA, tax office, engineering firm, architect, consulting firm, marketing agency, IT services, sales office, corporate office, professional office, medical office, staffing agency, church, worship space. PROPERTY FACTS Spring Hill Meadows | 1023-1049 W Main St. Gross leasable area 16,800 SF. Total land area 2.50 AC. Built 2005. 105 parking spaces. 367' frontage on Main St. Zoned B-2 Village Business District, Village of Sleepy Hollow. Contact Jason Bitton — RE/MAX Commercial — 847-858-2909 — Jason@JasonCRE.com ZONING: B-2 VILLAGE BUSINESS DISTRICT Village of Sleepy Hollow Code, Title 8, Sec. 8-5-2.B (amended through Ord. 2022-9, 8/1/2022). Permitted uses are allowed by right. Special uses require Planning and Zoning Commission review and Village Board approval and are not guaranteed. Verify all uses independently with the Village of Sleepy Hollow before lease execution. Broker makes no representation as to approvability of any use. PERMITTED USES (BY RIGHT): Shopping centers. Freestanding retail uses. Health clubs. Restaurants. Banquet facilities. Service businesses in general. Corporate offices. General offices. Medical offices. Business offices. Professional offices. Governmental offices. SPECIAL USES (PLANNING AND ZONING COMMISSION AND VILLAGE BOARD APPROVAL REQUIRED): Drive-in or drive-through facilities for any otherwise permitted use. Outdoor eating and drinking facilities. Commercial kennel. Motor vehicle sales, new and used. Self-service storage units. Adult-use cannabis dispensing facility. Telecommunications towers. Amateur radio antennas. USES NOT PERMITTED IN B-2: Financial institutions. Gasoline service stations. Auto repair. Car wash. Temporary offices, except contractors' offices during construction.
- 24 Hour Access
- Courtyard
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
Contact the Leasing Agent
Spring Hill Meadows | 1023-1049 Main St



