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    OFF-MARKET
    Retail properties & Spaces

    255-295 Parkway Dr, Lincolnshire, IL 60069

    78,286 SF Built 2001
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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