Building Details

Year Built 1990

Listing Agency: ILREALTY, INC. KURCHINA & ASSOC. W***@ilrealtyinc.com Show Phone

Listed By: WAYNE KURCHINA · License #471000538

Source: Corcoran

Added: Apr 23, 2024 Changed: Jul 6 Last Checked: Jul 30 at 9:40AM

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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 ILREALTY, INC. KURCHINA & ASSOC.

Investment Insights

Based on property information with market context.

Unit C is a 1200 square foot unit located in the Crossings Plaza. The space is built out with a reception area, two offices, a copy area, a storage or server room, and one bathroom. The property benefits from good visibility and full ingress and egress. The strip center is well maintained and has seven tenants in place, including Crazee Ice, a barber and barber school, an eye doctor, a pawn shop, a video gaming establishment, Brass City Games, and Shining Abilities.

Key Highlights

• High visibility location within the Crossings Plaza.
• Well‑maintained strip center.
• Full ingress and egress for easy access.

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Hair Salon Butcher Cafe & Coffee Shop Home Appliance 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

$1.95 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

302

Businesses Nearby

24k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 81% Shops & Services 19%

McDonald's Dining

19,314 visits/mo 0.5 miles

BP Shops & Services

4,429 visits/mo 0.3 miles

Demographics for 60046, IL

34,690

Population

12,544

Households

2.8

Avg Household Size

41

Median Age

42%

College-Educated

94%

High-School Grad

23.0 sq mi

ZIP Area

1,508

Density / Sq Mi

$122,376

Median Household Income

$58,297

Median Earnings

$1,645

Median Rent

$282,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this strip malls located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - 1200 SF retail unit in well-maintained strip center.

Where is this strip mall located?

The property is located at 300 N Milwaukee Avenue #C Lake Villa, IL.

What is the lease rate?

The lease rate is $13 SF/Yr.

What are key features of this property?

This property features: High visibility location within the Crossings Plaza.; Well‑maintained strip center.; Full ingress and egress for easy access.