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Service-Oriented Retail Plaza
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3375 Milwaukee Ave, Northbrook, IL 60062

Fee simple interest in an 8,800 SF retail center with multiple access points from Milwaukee Avenue and Sanders Road.

Property SizeContact for details
Days on Market149

Property Features for 3375 Milwaukee Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Mitchell Kiven · License #IL 475.164486
Source: Crexi
Added: Apr 10 Changed: Aug 16 Last Checked: Aug 14 at 7:38AM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

Sand-Mill Plaza is an 8,800 square foot, service-oriented retail center offered in fee simple. The property features multiple points of ingress and egress, with access from both Milwaukee Avenue and Sanders Road, and pylon signage marking the shopping center’s access points.

The center is located near the intersection of Sanders Road and Milwaukee Avenue in Northbrook, Illinois, and is described as a high-traffic area with traffic counts over 38,000 vehicles per day. The listing notes strong visibility from Milwaukee and Sanders.

According to the remarks, tenant leases are structured on NNN terms for most occupants, with one tenant reimbursing for their share of real estate taxes. The center has been maintained by the original developer with no known deferred maintenance, and several tenants have recently extended their lease terms significantly.

Key Highlights

  • Fee simple interest in Sand‑Mill Plaza, an 8,800 SF service‑oriented retail center.
  • High‑traffic location near Sanders Road and Milwaukee Avenue with traffic counts over 38,000 vehicles per day.
  • Multiple ingress/egress points with access from both Milwaukee Avenue and Sanders Road, marked by pylon signs.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Hair Salon Law Firm Spa & Massage Center Nail Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60062, IL

42,751
Population
17,892
Households
2.4
Avg Household Size
48
Median Age
71%
College-Educated
96%
High-School Grad
18.9 sq mi
ZIP Area
2,262
Density / Sq Mi
$142,759
Median Household Income
$77,188
Median Earnings
$1,921
Median Rent
$625,800
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

  • Meadow Shopping Plaza Shopping Center Cherry Ln, Northbrook, IL 60062

Frequently Asked Questions

What type of property is this?
Shopping center - Fee simple interest in an 8,800 SF retail center with multiple access points from Milwaukee Avenue and Sanders Road.
Where is this shopping center located?
The property is located at 3375 Milwaukee Ave Northbrook, IL.
What are key features of this property?
This property features: Fee simple interest in Sand‑Mill Plaza, an 8,800 SF service‑oriented retail center.; High‑traffic location near Sanders Road and Milwaukee Avenue with traffic counts over 38,000 vehicles per day.; Multiple ingress/egress points with access from both Milwaukee Avenue and Sanders Road, marked by pylon signs.
(312) 624-7006 Call to check price and availability
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