Property profile

255-295 Parkway Dr Lincolnshire, IL 60069

OFF-MARKET
Retail properties & Spaces
78,286 SF Built 2001
Saved · see the list in your Dashboard

Property summary

AI-generated overview

City Park at Lincolnshire offers exceptional retail leasing opportunities in a thriving Lake County, Illinois location. This multi-tenant center, totaling 78,286 square feet, boasts a prime location at the southwest corner of Aptakisic Road and Milwaukee Avenue, benefiting from high visibility and exposure to approximately 41,400 vehicles per day. Built in 2001, the property features 338 surface-level parking spaces (a 4.34/1,000 SF ratio). Currently, 39,775 square feet of retail space is available, divisible into units ranging from 2,035 to 14,400 contiguous square feet. Many spaces offer desirable features including second-generation restaurant equipment (walk-in refrigerators and coolers), drive-thru potential, outdoor patio seating, and abundant natural light. The property benefits from its proximity to a strong tenant mix including Advocate Health, Tomahawk Steakhouse, and several other national and local businesses. Furthermore, its location near a new 300-unit multifamily development (444 Social) and Adlai E. Stevenson High School (one of the largest in the state) ensures a robust customer base. The surrounding area is experiencing significant growth, with recent additions such as Woodman's Food Market, CubeSmart Self Storage, and a new retail center featuring Starbucks, Potbelly, Mod Pizza, and Panera Bread. This presents a unique opportunity to establish or expand your business within a dynamic and affluent community. The property's flexible layouts and sizes cater to a variety of retail concepts.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2001
Total area 78,286 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

255-295 Parkway Dr Lincolnshire, IL 60069
Lincolnshire metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 255-295 Parkway Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message