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1901 Cherry Ln Northbrook, IL 60062

Sponsored
For Lease
$12 SF/Yr

Prime North Shore retail, office, & land.

Lot size:
118,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
Northbrook Meadows, located at 1901 Cherry Ln, Northbrook, IL 60062, presents a unique investment opportunity in the affluent North Shore submarket. This single-story, 118,000 square foot commercial property, built in 1959 and renovated in 2024, sits on a 7-acre lot (8 acres total land) and is zoned for retail use. Currently offering multiple tenancies, there are 15,140 square feet of vacant space available, with contiguous spaces ranging from 5,600 to 10,600 square feet. The property boasts a Class B rating and features a diverse mix of co-tenants including Marcello's Father and Son Restaurant, Advanced Auto Parts, Ace Hardware, Rosin Eye Care, and Subway, alongside other local businesses. Its strategic location across from the new Sunset Foods and within a thriving community with a population of 192,649 within a 5-mile radius (72,261 households, average household income $155,424) makes it an ideal location for a variety of businesses. The property is easily accessible via Cherry & Meadow cross streets. This is a chance to establish a presence in a high-demand area with strong demographics and established neighboring businesses, including well-known restaurants and retailers. The property includes one building with no elevators.

Property Features for 1901 Cherry Ln

General Information

Property type
Medical offices
Lease Type
Gross Lease
RSF (Rentable sq. ft)
118,000 SF
Class
B
Total Rate
118000

Building Details

Year Built/Renovated
1959/2024
Buildings
1
Stories
1

Unit(s) available at that property

Space
2
Size
5,600 SF
Rate per SF
$22
Space
Former Coldwell Banker Realty
Size
7,400 SF
Rate per SF
$12

HighLights

  • 118,000 SF single‑story retail building on 7 acres (8 acres total) in Northbrook, IL.
  • 15,140 SF of contiguous vacant space available (5,600 - 10,600 SF units).
  • Strong co‑tenancy including national and local businesses (e.g., Sunset Foods, Advanced Auto Parts, Ace Hardware).
  • Prime North Shore location with excellent demographics (192,649 population within 5 miles, $155,424 avg. household income).
  • Convenient access to Metra and Pace bus routes.
Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Northbrook
County
Cook
State
Illinois
Longitude
-87.826889962482
Latitude
42.131180658453

FAQs

What type of property is this?
Medical office - Prime North Shore retail, office, & land.
Where is this medical office located?
The property is located at 1901 Cherry Ln Northbrook, IL.
What is the lease rate?
The lease rate is $12-$22 SF/Yr.
What are key features of this property?
This property features: 118,000 SF single-story retail building on 7 acres (8 acres total) in Northbrook, IL.; 15,140 SF of contiguous vacant space available (5,600 - 10,600 SF units).; Strong co-tenancy including national and local businesses (e.g., Sunset Foods, Advanced Auto Parts, Ace Hardware).
More about this property
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