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Two-Story Freestanding Retail Space
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4540 W Touhy Avenue, Lincolnwood, IL 60712

New retail-ready space with rooftop parking and a location beside a mixed-use development with apartments and commercial tenants.

Space Size38,025 SF
Days on Market11

Property Features for 4540 W Touhy Avenue

General Information

Standard status Active
Size 38,025 SF
Property subtype Retail

Building Details

Building Size 38,025 SF
Year Built 2024
Tenancy Single

Spaces For Lease

at 4540 W Touhy Avenue Contact us

#1

Size
38,025 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Edgemark Commercial Real Estate Services
Listed By: Mike Wesley · License #IL 471006736
Source: Crexi
Added: Aug 11 Changed: Aug 18 Last Checked: Aug 19 at 1:42PM

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 Edgemark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Completed in 2024, this freestanding retail property offers two levels of first-generation, retail-ready space available for sublease. The building previously operated as an Amazon Fresh location and includes rooftop parking, providing a distinctive configuration for a retail occupant.

The property sits on Touhy Avenue west of Lincoln Avenue in Lincolnwood, adjacent to District 1860. That mixed-use development includes 299 luxury apartments and more than 40,000 SF of commercial space, with Fat Rosie's, Mia Francesca and Fatpour Tap Works among its named businesses. The surrounding setting combines residential occupancy with established food and beverage uses.

Key Highlights

  • 2024‑built freestanding retail building
  • Two‑story first‑generation retail space
  • Rooftop parking included

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Catering Service Acupuncture Restaurant

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

1,328
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Groceries 27% Dining 14% Electronics 2%
Binny's Beverage Depot Groceries
25,707 visits/mo 0.3 miles
Mobil Shops & Services
17,932 visits/mo 0.2 miles
BP Shops & Services
11,741 visits/mo 0.5 miles
Starbucks Dining
10,879 visits/mo 0.4 miles
Mobil Shops & Services
9,417 visits/mo 0.3 miles

Demographics for 60712, IL

13,463
Population
4,987
Households
2.7
Avg Household Size
46
Median Age
57%
College-Educated
93%
High-School Grad
2.7 sq mi
ZIP Area
4,986
Density / Sq Mi
$107,950
Median Household Income
$60,315
Median Earnings
$3,501
Median Rent
$475,400
Median Home Value

Market

Lease Benchmarks for Lincolnwood, IL

$18.49 /SF/Yr
Avg Asking Price
$13.5–$25 /SF/Yr
Price Range
6,668 SF
Avg Space Size

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?
Retail space - New retail-ready space with rooftop parking and a location beside a mixed-use development with apartments and commercial tenants.
Where is this retail space located?
The property is located at 4540 W Touhy Avenue Lincolnwood, IL.
What are key features of this property?
This property features: 2024‑built freestanding retail building; Two‑story first‑generation retail space; Rooftop parking included
More about this property
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