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Retail Space on Milwaukee Avenue
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20050 Milwaukee Avenue, Deerfield, IL 60015

Retail spaces available in Deerfield with high traffic volume.

Space SizeContact for details
Days on Market271

Property Features for 20050 Milwaukee Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Oak Brook
Listed By: Les Kristof
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 11 Last Checked: Aug 20 at 6:15AM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

Retail spaces ranging from 1,200 to 2,000 square feet are available. The location benefits from multiple access points on Milwaukee Avenue and Inverrary Lane, including full access on Milwaukee Avenue. The property experiences excellent traffic counts on Milwaukee Avenue, with 27,400 vehicles per day. Current tenants include 7-Eleven, Rosati's Pizza, and Minuteman Press.

Key Highlights

  • High average household incomes in the area.
  • Excellent traffic counts on Milwaukee Ave (27,400 VPD).
  • Multiple access points on Milwaukee Avenue and Inverrary Lane.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Pharmacy Auto Parts Store Barber Shop Electrical Service

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

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby
78k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 31% Electronics 15% Beauty & Spa 6%
Chase Bank Shops & Services
12,326 visits/mo 0.2 miles
Panera Bread Dining
11,771 visits/mo 0.2 miles
Starbucks Dining
10,234 visits/mo 0.1 miles
T-Mobile Electronics
9,982 visits/mo 0.1 miles
Speedway Shops & Services
6,653 visits/mo 0.1 miles

Demographics for 60015, IL

28,013
Population
10,657
Households
2.6
Avg Household Size
43
Median Age
80%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$186,786
Median Household Income
$82,970
Median Earnings
$2,284
Median Rent
$602,700
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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Similar Off Market Nearby

  • River Run Plaza 20534 Milwaukee Ave, Deerfield, IL 60015
  • Sale Barn Square Riverwoods, IL 60015
  • Colonial Court 1119 Milwaukee Ave, Riverwoods, IL 60015

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in Deerfield with high traffic volume.
Where is this shopping center located?
The property is located at 20050 Milwaukee Avenue Deerfield, IL.
What are key features of this property?
This property features: High average household incomes in the area.; Excellent traffic counts on Milwaukee Ave (27,400 VPD).; Multiple access points on Milwaukee Avenue and Inverrary Lane.
More about this property
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