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    3921 W Touhy Ave Chicago, IL 60712

    Sponsored
    For Sale
    $1,200,000

    COMMERCIAL - Lincolnwood, IL

    Type:Retail
    Lot size:
    1.08 Acres
    Days on Market:
    27
    Last Refresh:
    Jan 8 at 6:06 pm

    Property Features for 3921 W Touhy Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    10351000360000
    Lot size
    1.08 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    1
    Number of units
    3

    Platinum Partners Realtors (630) 435-3500 [email protected]

    Listing agent Sang Han (773) 717-2227

    Listing date Dec 13, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Opportunity in Lincolnwood

    Located in a high-traffic area of Lincolnwood, this commercial property offers a prime opportunity for retail businesses. The property, zoned B2, features a total rental space of 4,800 square feet, divisible into units of 1,600 square feet each. The location benefits from a dense population, with over 15,000 residents within a 1-mile radius, 297,000 within 3 miles, and 809,000 within 5 miles. The surrounding neighborhood boasts an average household income exceeding $100,000. A significant mixed-use residential complex, District 1860, is scheduled to open this year at the intersection of Touhy and Lincoln Avenue, approximately 0.6 miles from the property, which is expected to increase both pedestrian and vehicular traffic, benefiting local retail businesses. The area's diverse demographic offers various business opportunities. The property has been fully updated with a new roof, HVAC system, water heater, and electrical wiring. It includes over 15 parking spaces. The property is situated on a 1.08-acre lot. The seller is open to negotiating tenant improvements or build-out options depending on lease or sales terms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Smoke Hub Vaporizer Store Bitcoin ATM Lincolnwood ... Crypto Atm Crawford Windows & Doors Window Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.72719
    Latitude
    42.0114

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    FAQs

    What type of property is this?
    Retail space - Prime retail space for sale in high-traffic Lincolnwood area.
    Where is this retail space located?
    The property is located at 3921 W Touhy Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime rental opportunity in high-traffic Lincolnwood location with B2 Zoning.; - Divisible rental space: Total 4,800 sq ft, can be divided into 1,600 sq ft units.; - High population density: 15K+ people within 1 mile.
    (773) 717-2227
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3921 W Touhy Ave Chicago, IL 60712
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