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    185 Milwaukee Ave Lincolnshire, IL 60069

    Sponsored
    For Lease
    Contact for pricing

    Three retail spaces available in prime location.

    Lot size:
    5,447 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 185 N Milwaukee Ave, Lincolnshire, IL 60069, in Lake County. The property, known as Village Green Retail, offers three available spaces ranging in size from 844 square feet to 3,337 square feet, perfect for a variety of retail businesses. The property boasts ample parking, ensuring convenient access for customers. Its strategic location provides easy access to I-94 via Olde Half Day Road, enhancing visibility and accessibility for both customers and employees. The surrounding area is characterized by an affluent trade area with a high daytime population, presenting a significant opportunity for businesses seeking a strong customer base. The multiple tenancy setup allows for flexibility and potential for synergistic businesses. This property is ideally suited for businesses seeking high visibility and convenient access in a thriving Lincolnshire community. The address is easily accessible from major roadways, making it a convenient location for customers and employees alike. The property's location within a high-traffic area and affluent neighborhood ensures a steady stream of potential customers. This is a rare opportunity to secure retail space in a desirable and high-demand location.

    Property Features for 185 Milwaukee Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,447 SF

    Unit(s) available at that property

    Space
    110
    Size
    3,337 SF
    Space
    110A
    Size
    844 SF
    Space
    135
    Size
    1,266 SF

    HighLights

    • 185 N Milwaukee Ave, Lincolnshire, IL 60069 offers three retail spaces (844‑3,337 SF) in the Village Green Retail center.
    • Ample on‑site parking is available.
    • Excellent access to I‑94 via Olde Half Day Road provides high visibility and accessibility.
    • Located in an affluent area with a high daytime population.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnshire
    County
    Lake
    State
    Illinois
    Longitude
    -87.93220370043
    Latitude
    42.203483636873

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    FAQs

    What type of property is this?
    Retail property - Three retail spaces available in prime location.
    Where is this retail property located?
    The property is located at 185 Milwaukee Ave Lincolnshire, IL.
    What are key features of this property?
    This property features: 185 N Milwaukee Ave, Lincolnshire, IL 60069 offers three retail spaces (844-3,337 SF) in the Village Green Retail center.; Ample on-site parking is available.; Excellent access to I-94 via Olde Half Day Road provides high visibility and accessibility.
    Request Owner's contact information
    185 Milwaukee Ave Lincolnshire, IL 60069
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    Lincolnshire, IL 60069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    185 Milwaukee Ave Lincolnshire, IL 60069
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