3540 W Touhy Ave, Lincolnwood, IL 60712
Built-to-suit automotive facility leased to Just Tires with scheduled rent increases and limited landlord responsibilities.
Property Features for 3540 W Touhy Ave
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 3540 W Touhy Ave in Lincolnwood, Illinois, at the signalized intersection of W Touhy Avenue and St. Louis Avenue. It serves as an outparcel to Touhy Marketplace, anchored by Walmart Supercenter, and sits across from Lincolnwood Town Center, a 421,000 SF shopping mall with more than 83 stores and services. The site records roughly 43,100 vehicles passing daily and includes significant street frontage with multiple ingress and egress points. The five-mile trade area includes more than 751,000 residents and 287,000 employees, with an average household income of $100,603.
Key Highlights
- Approximately 10 years remaining on the Just Tires lease
- Three 5‑year extension options with 10% rental increases every 5 years and at each option period
- Built‑to‑suit facility constructed in 2015 with fee‑simple ownership of building and land
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 60712, IL
Market
Vacancy Rate% for Retail in Midwest region