Movie Theater with
For Sale
Contact for pricing
300 Parkway Drive, Lincolnshire, IL 60069
Regal Cinemas operates a 15-screen theater including one IMAX auditorium with luxury-reclining stadium seating.
Property SizeContact for details
Days on Market124
Property Features for 300 Parkway Drive
General Information
Standard status
Active
Class
Trophy
Property subtype
Retail
Additional Details
Traffic Count
60,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
SAB Capital
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 3:54PM
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 SAB Capital
Investment Insights
Based on property information with market context.
This offering features a Regal Cinemas movie theater with 15 screens, including one IMAX theater, with luxury-reclining stadium seating. The property has been in operation at this location since 1997. The tenant exercised a 12-year extension option early and invested $3.8 million toward a renovation valued at $5.7 million. Renovation improvements included replacing auditorium seating with luxury recliners, expanding and upgrading concession facilities, remodeling the box office, upgrading and replacing lighting, and replacing interior and exterior signage.
The theater is located within the CityPark Live-Work-Play Life Style Center at a signalized, hard corner intersection of Milwaukee Avenue and Aptakisic Road. The intersection sees more than 60,000 vehicles pass through daily, and Milwaukee Avenue provides direct access into Chicago’s West Town neighborhood.
The property is available under an absolute-net lease with zero landlord responsibilities, with more than 11 years remaining. The lease is backed by a corporate guaranty from Regal Cinemas, Incorporated.
The theater is located within the CityPark Live-Work-Play Life Style Center at a signalized, hard corner intersection of Milwaukee Avenue and Aptakisic Road. The intersection sees more than 60,000 vehicles pass through daily, and Milwaukee Avenue provides direct access into Chicago’s West Town neighborhood.
The property is available under an absolute-net lease with zero landlord responsibilities, with more than 11 years remaining. The lease is backed by a corporate guaranty from Regal Cinemas, Incorporated.
Key Highlights
- Regal Cinemas property in Lincolnshire, IL with 15 screens and one IMAX auditorium featuring luxury‑reclining stadium seating
- Tenant has operated at the location since 1997, with a 12‑year extension option exercised early
- Renovation included replacing auditorium seating with luxury recliners and upgrading/remodeling concession and box office areas
Property Analytics
Property Profile
Current Use
Lease Details
60,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Explore this area
Business Placement
Demographics for 60069, IL
8,735
Population
3,846
Households
2.3
Avg Household Size
50
Median Age
72%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
1,481
Density / Sq Mi
$157,366
Median Household Income
$82,672
Median Earnings
$2,682
Median Rent
$569,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Regal Cinemas operates a 15-screen theater including one IMAX auditorium with luxury-reclining stadium seating.
Where is this theater & concert hall located?
The property is located at 300 Parkway Drive Lincolnshire, IL.
What are key features of this property?
This property features: Regal Cinemas property in Lincolnshire, IL with 15 screens and one IMAX auditorium featuring luxury‑reclining stadium seating; Tenant has operated at the location since 1997, with a 12‑year extension option exercised early; Renovation included replacing auditorium seating with luxury recliners and upgrading/remodeling concession and box office areas
