3921 W TOUHY Avenue, Lincolnwood, IL 60712

Building Details

Year Built

1970

Listing office Platinum Partners Realtors c***@gmail.com Show Phone

Listing date Sep 8, 2024

Source Exitrealty

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Overview

Located in a high-traffic area of Lincolnwood, this property offers a prime opportunity for retail businesses. The property is zoned B2 and 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 surrounding 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 without focusing on a specific ethnic group. The property has been fully updated with a new roof, HVAC system, water heater, and electrical wiring. It also includes more than 15 parking spaces. The current interior condition is a whitepaper, allowing for customized build-out. The seller is open to negotiating tenant improvements or build-out options depending on the lease or sales terms. The property is suitable for a variety of retail businesses.

Suggested Use

Dental Office Cafe & Coffee Shop Pet Grooming Service Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Wine and Liquor Store Tech Support Center (Bike/Boat/Book/etc) Store Real Estate Agency

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

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FAQs

What type of property is this?

Retail space - Updated retail space 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: Prime rental opportunity in high‑traffic Lincolnwood location with B2 Zoning; Divisible rental space: Total 4,800 sq ft, can be divided into 1,600 sq ft units; High population density: 15K+ people within 1 mile radius