Two-Story Multi-Tenant Retail
For Sale
Contact for pricing
430 N Milwaukee Avenue, Lincolnshire, IL 60069
Two-story multi-tenant building with 65 parking spaces and dual-sided monument signage fronting Milwaukee Avenue.
Property Size23,342 SF
Days on Market122
Property Features for 430 N Milwaukee Avenue
General Information
Standard status
Active
Size
23,342 SF
Total Parking Spaces
65
Property subtype
Retail
Occupancy
74%
Additional Details
Traffic Count
31,000 vehicles/day
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Matthew Tarshis · License #IL 481011744
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 2:32PM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
Oak Tree Corners is a two-story, multi-tenant retail/office building totaling 23,342 square feet. The property is currently 74% leased and is anchored by Athletico and Bonta Italian Deli. Both anchor tenants are on triple net leases with terms extending into 2026.
The property features an on-site parking lot with 65 surface spaces. Dual-sided monument signage fronts Milwaukee Avenue and provides exposure to over 31,000 VPD, supported by two cub cuts on Milwaukee Avenue for ingress and egress from both north and southbound traffic.
Since 2015, Oak Tree Corners has undergone more than $450,000 in renovations, including roof shingle replacements, repaved parking, a new brink dumpster enclosure, complete renovation of upstairs common areas and bathrooms, HVAC replacements, fire alarm installation, and updated landscaping. The center’s location along the west side of Milwaukee Avenue places it between Route 22 to the south and Route 45 to the north, with retail and office users along the corridor.
The property features an on-site parking lot with 65 surface spaces. Dual-sided monument signage fronts Milwaukee Avenue and provides exposure to over 31,000 VPD, supported by two cub cuts on Milwaukee Avenue for ingress and egress from both north and southbound traffic.
Since 2015, Oak Tree Corners has undergone more than $450,000 in renovations, including roof shingle replacements, repaved parking, a new brink dumpster enclosure, complete renovation of upstairs common areas and bathrooms, HVAC replacements, fire alarm installation, and updated landscaping. The center’s location along the west side of Milwaukee Avenue places it between Route 22 to the south and Route 45 to the north, with retail and office users along the corridor.
Key Highlights
- Two‑story, 23,342 SF multi‑tenant retail/office building in Lincolnshire, IL (Chicago MSA)
- Currently 74% leased; anchored by Athletico and Bonta Italian Deli on triple net leases with term into 2026
- NOI of approximately $167,000 at current occupancy; potential to add value through lease‑up and stabilization
Property Analytics
Property Profile
Current Use
Lease Details
31,000 VPD
Traffic count
74%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Two-story multi-tenant building with 65 parking spaces and dual-sided monument signage fronting Milwaukee Avenue.
Where is this shopping center located?
The property is located at 430 N Milwaukee Avenue Lincolnshire, IL.
What are key features of this property?
This property features: Two‑story, 23,342 SF multi‑tenant retail/office building in Lincolnshire, IL (Chicago MSA); Currently 74% leased; anchored by Athletico and Bonta Italian Deli on triple net leases with term into 2026; NOI of approximately $167,000 at current occupancy; potential to add value through lease‑up and stabilization
