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Shopping Center with Renovated Facade

1119 North Milwaukee Avenue, Riverwoods, IL 60015

For Lease
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The tenant roster includes State Farm, Advia Credit Union, Edible Arrangements, Jimmy John’s, and Orange Theory Fitness.

Space Size2,400 SF - 4,172 SF
Days on Market27

Property Features for 1119 North Milwaukee Avenue

General Information

Standard status Active
Size 2,400 SF - 4,172 SF
Total Parking Spaces 376
Property subtype Retail

Additional Details

Road Access Yes

Spaces For Lease

at 1119 North Milwaukee Avenue Contact us

1155 - 2 Available

Size 4,172 SF
Type Office
2nd Floor Office Space
Contact us

104-105 Available

Size 2,400 SF
Contact us
Listing Agency: CBRE | Chicago
Listed By: Sean McCourt
Source: Cbre
Added: Oct 14 Changed: Nov 6 Last Checked: Nov 8 at 3:35AM

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 CBRE | Chicago

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Colonial Court is a shopping center at the northeast corner of North Milwaukee Avenue and Deerfield Road in Riverwoods. The property’s building facade has been renovated, and the site includes a 376-space parking lot.

Named tenants include State Farm, Advia Credit Union, Edible Arrangements, Jimmy John’s, and Orange Theory Fitness. The property is positioned at the intersection of North Milwaukee Avenue and Deerfield Road, with a tenant mix spanning financial services, food, and fitness businesses.

Key Highlights

  • 376‑space parking lot
  • Renovated building facade
  • At the northeast corner of North Milwaukee Avenue and Deerfield Road

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Auto Repair Shop Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
9,148 visits/mo 0.5 miles

Demographics for 60015, IL

28,013
Population
10,657
Households
2.6
Avg Household Size
43
Median Age
80%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$186,786
Median Household Income
$82,970
Median Earnings
$2,284
Median Rent
$602,700
Median Home Value

Market

Properties on Market for Shopping centers in Lake County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - The tenant roster includes State Farm, Advia Credit Union, Edible Arrangements, Jimmy John’s, and Orange Theory Fitness.
Where is this shopping center located?
The property is located at 1119 North Milwaukee Avenue Riverwoods, IL.
What are key features of this property?
This property features: 376‑space parking lot; Renovated building facade; At the northeast corner of North Milwaukee Avenue and Deerfield Road
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