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Hard-Corner Shopping Center

1125 North Milwaukee Avenue, Riverwoods, IL 60015

For Lease
Contact for pricing

The multi-tenant retail property has a renovated facade and a diverse lineup of service, food, and fitness businesses.

Space Size2,400 SF
Days on Market29

Property Features for 1125 North Milwaukee Avenue

General Information

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

Spaces For Lease

at 1125 North Milwaukee Avenue
104-105 Active
Size 2,400 SF
Contact us
Listing Agency: CBRE - Chicago
Listed By: Sean McCourt · License #IL
Source: Crexi
Added: Oct 12 Changed: Nov 8 Last Checked: Nov 8 at 5:46PM

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 1125 North Milwaukee Avenue in Riverwoods. The property occupies the northeast corner of Milwaukee Avenue and Deerfield Road. Its building facade has been renovated, and the site includes a 376-space parking lot.

Current tenants include State Farm, Advia Credit Union, Edible Arrangements, Jimmy John’s, and Orange Theory Fitness. The stated customer-area profile includes household income exceeding $190,000 and a homeownership rate of 93%.

Key Highlights

  • Northeast corner of Milwaukee Avenue and Deerfield Road
  • 376‑space parking lot
  • Renovated building facade

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

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 multi-tenant retail property has a renovated facade and a diverse lineup of service, food, and fitness businesses.
Where is this shopping center located?
The property is located at 1125 North Milwaukee Avenue Riverwoods, IL.
What are key features of this property?
This property features: Northeast corner of Milwaukee Avenue and Deerfield Road; 376‑space parking lot; Renovated building facade
(312) 297-7688 Call to check price and availability
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