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    4500 W Touhy Ave Lincolnwood, IL

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    For Lease
    Contact for pricing

    Grocery-anchored mixed-use development with retail and apartment units.

    Property size:
    9,959 SF
    Lot size:
    1.54 Acres

    Property Features for 4500 W Touhy Ave

    General Information

    Size
    9,959 SF
    Lot size
    1.54 Acres

    Source: Mid-America Real Estate Group Agent Marget Graham

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

    Overview

    Retail Space in Lincolnwood

    This property is a grocery-anchored mixed-use development that features 300 luxury apartment units. It offers prime opportunities for restaurant, boutique fitness, retail, and medical space. The location is in the heart of Lincolnwood, Illinois, approximately 100 miles from downtown Chicago. The property benefits from high traffic volume, with approximately 55,000 vehicles per day at the intersection of Touhy Avenue and Lincoln Avenue. The property offers 9959 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    David's Square, Celebrate Senior Living

    Map

    City
    Lincolnwood
    County
    McLean
    State
    Illinois
    Longitude
    -88.991868
    Latitude
    40.471642

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    FAQs

    What type of property is this?
    Shopping center - Grocery-anchored mixed-use development with retail and apartment units.
    Where is this shopping center located?
    The property is located at 4500 W Touhy Ave Lincolnwood, IL.
    What are key features of this property?
    This property features: - Grocery-anchored mixed-use development; - 300 luxury apartment units; - Prime opportunities for restaurant, boutique fitness, retail and medical space
    (630) 954-7300
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    4500 W Touhy Ave Lincolnwood, IL
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    Lincolnwood, IL
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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
    4500 W Touhy Ave Lincolnwood, IL
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