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Office Suite with Onsite Parking
For Lease
$23 SF/Yr

7040 N Ridgeway Ave, Lincolnwood, IL 60712

Leasing space offers 15-foot ceilings and onsite parking in a Lincolnwood location near major retail.

Space SizeContact for details
Days on Market107

Property Features for 7040 N Ridgeway Ave

General Information

Standard status Active

Additional Details

Highway Access Yes
Clear Height 15 ft

Building Details

Year Built 1968
Listing Agency: Strauss Realty Ltd
Listed By: Moshe Weinberger · License #475183341
Source: Grandviewrealtyservices
Added: Jul 17 Changed: Oct 25 Last Checked: Oct 7 at 4:03PM

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 Strauss Realty Ltd

Rey
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Investment Insights

Based on property information with market context.

Available for lease, this office suite is listed at 1,264 SF and features 15-foot ceiling height. The property includes onsite parking for added convenience.

Located in Lincolnwood just south of Touhy Avenue, the space is near retailers including Walmart, Lowe's, Mariano's, and the shops at Lincolnwood Town Center. Highway access is also within about 2 miles to I-94.

This is a straightforward office configuration suited for businesses seeking a higher-ceiling space with on-site parking in an established retail-adjacent area.

Key Highlights

  • 1,264 SF office space available for lease in Lincolnwood
  • 15‑foot ceiling height
  • Onsite parking included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Florist (Bike/Boat/Book/etc) Store Butcher Barber Shop Acupuncture

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

15 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,328
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lincolnwood, IL

$20 /SF/Yr
Avg Asking Price
$13.5–$42 /SF/Yr
Price Range
13,590 SF
Avg Space Size

This space is priced 15% above the average of $20 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Leasing space offers 15-foot ceilings and onsite parking in a Lincolnwood location near major retail.
Where is this office unit located?
The property is located at 7040 N Ridgeway Ave Lincolnwood, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 1,264 SF office space available for lease in Lincolnwood; 15‑foot ceiling height; Onsite parking included
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