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Office Units with Onsite Parking
For Lease
$23.50 SF/Yr

7040 N Ridgeway Avenue, Lincolnwood, IL 60712

Leasable workspace includes parking and sits near major retail and I-94.

Space Size1,264 SF
Days on Market240

Property Features for 7040 N Ridgeway Avenue

General Information

Standard status Active
Size 1,264 SF
Net Rentable 1,264 SF
Zoning MANUF

Space & Availability

Available Space 1,264 SF
Contiguous Space 1,264 SF
Space Use Office

Additional Details

Highway Access Yes

Building Details

Year Built 1968
Stories 1
Units 1
Listing Agency: Strauss Realty Ltd
Listed By: Moshe Weinberger · License #475183341
Source: Perillorealestategroup
Added: Dec 15, 2025 Changed: Aug 8 Last Checked: Aug 11 at 1:26PM

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

Investment Insights

Based on property information with market context.

This office property offers 1,264 SF of workspace with 15' ceiling height and onsite parking. The building was constructed in 1968 and carries MANUF zoning, providing a defined setting for office occupancy within a larger commercial area.

The property is positioned just south of Touhy Avenue in Lincolnwood, with Walmart, Lowe's, Mariano's, and Lincolnwood Town Center shops nearby. Highway I-94 is less than 2 miles away, supporting convenient regional access for employees, clients, and visitors.

Key Highlights

  • 1,264 SF of office space
  • 15' ceiling height
  • Onsite parking

Property Analytics

Current Use

Office Units

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,929
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

Market

Lease Benchmarks for Lincolnwood, IL

$21.49 /SF/Yr
Avg Asking Price
$13.5–$42.42 /SF/Yr
Price Range
9,023 SF
Avg Space Size

This space is priced 9% above the average of $21.49 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Leasable workspace includes parking and sits near major retail and I-94.
Where is this office units located?
The property is located at 7040 N Ridgeway Avenue Lincolnwood, IL.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: 1,264 SF of office space; 15' ceiling height; Onsite parking
More about this property
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