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3921 W Touhy Avenue Lincolnwood, IL 60712

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For Sale
$1,200,000

Prime retail opportunity in high-traffic Lincolnwood location.

Type:General Commercial
Property size:
4,800 SF
Added:
Sep 6, 2024
Days on Market:
591
Last Refresh:
Apr 1 at 8:35 pm

Property Features for 3921 W Touhy Avenue

General Information

Standard status
Active
Size
4,800 SF
Property subtype
General Commercial

Building Details

Year Built
1970

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Listing Contact
Platinum Partners Realtors

Listing agent Platinum Partners Realtors

Listing office

Listing date Sep 6, 2024

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Platinum Partners Realtors


Overview

Updated Retail Space in Lincolnwood

Located in Lincolnwood, this retail space offers a prime opportunity in a high-traffic area. The property, zoned B2, features a total 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 neighborhood boasts an average household income exceeding $100,000. A large 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/AC unit, water heater, and electrical wiring. It also includes more than 15 parking spaces. The interior is currently in a whitepaper condition, ready for customization. The seller/landlord is open to negotiating tenant improvements or build-out options depending on the lease or sales terms. Units 3923 and 3925, each 1600 sq ft, are available for rent.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Lincolnwood
County
McLean
State
Illinois
Longitude
-87.731
Latitude
42.0082

FAQs

What type of property is this?
Retail space - Prime retail opportunity in high-traffic Lincolnwood location.
Where is this retail space located?
The property is located at 3921 W Touhy Avenue Lincolnwood, 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: High‑traffic location in Lincolnwood with B2 zoning, ideal for retail or commercial businesses.; High population density: 15K+ people within 1 mile, 297K within 3 miles, and 809K within 5 miles.; Fully updated property: **new roof, HVAC/AC unit, water heater, and electrical wiring.**
More about this property
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