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Neighborhood Retail Center Anchored by Trader Joe's
For Lease
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170 N Northwest Hwy, Park Ridge, IL 60068

Available for lease in a shopping center anchored by Trader Joe's with multiple national tenants on-site.

Property Size1,745 SF
Days on Market161

Property Features for 170 N Northwest Hwy

General Information

Standard status Active
Size 1,745 SF
Property subtype RETAIL

Building Details

Tenancy Multi
Listing Agency: Phillips Edison & Company - Corporate
Listed By: Samantha Goebel
Source: Moodyscre
Added: Feb 19 Changed: Jul 26 Last Checked: Jul 29 at 3:07PM

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 Phillips Edison & Company - Corporate

Investment Insights

Based on property information with market context.

This retail shopping center is anchored by Trader Joe's and includes a mix of national tenants such as Pure Barre, LensCrafters, and Orange Theory Fitness. Space is available for rent within the center at 170 N Northwest Hwy in Park Ridge, Illinois.

The property is positioned at the three-way intersection of Northwest Highway, Prospect Avenue, and Touhy Avenue, with convenient access to the Park Ridge Metra Station. The station is reported to see average daily ridership of 37,900, supporting steady visibility and foot traffic. The trade area is described as serving a population greater than 161,900 within a three-mile radius, with an average household income exceeding $129,500.

For renters seeking a built-in retail draw anchored by a leading grocer, this center offers an established tenant lineup and a prominent transit-adjacent setting.

Key Highlights

  • Shopping center anchored by Trader Joe's (fresh format grocery)
  • National tenants on‑site include Pure Barre, LensCrafters, and Orange Theory Fitness
  • Located at the three‑way intersection of Northwest Highway, Prospect Avenue, and Touhy Avenue

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Food Market Garden Center

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,308
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 96% Shops & Services 4%
Wendy's Dining
21,200 visits/mo 0.4 miles
SUBWAY Dining
4,696 visits/mo 0.4 miles
American Automobile Association (AAA) Shops & Services
1,174 visits/mo 0.3 miles

Demographics for 60068, IL

39,672
Population
15,999
Households
2.5
Avg Household Size
44
Median Age
65%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,435
Density / Sq Mi
$138,201
Median Household Income
$78,495
Median Earnings
$1,511
Median Rent
$539,700
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Available for lease in a shopping center anchored by Trader Joe's with multiple national tenants on-site.
Where is this shopping center located?
The property is located at 170 N Northwest Hwy Park Ridge, IL.
What are key features of this property?
This property features: Shopping center anchored by Trader Joe's (fresh format grocery); National tenants on‑site include Pure Barre, LensCrafters, and Orange Theory Fitness; Located at the three‑way intersection of Northwest Highway, Prospect Avenue, and Touhy Avenue
(513) 614-9068 Call to check price and availability
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