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    OFF-MARKET
    Retail properties & Spaces

    1125-1147 Milwaukee Ave, Riverwoods, IL 60015

    38,655 SF
    Property ID
    Property summary
    AI-generated overview

    Colonial Court, located at 1125-1147 Milwaukee Avenue in Riverwoods, Illinois, offers exceptional office space opportunities. This single-story, 38,655 square foot building sits on a 4-acre lot and features 188 surface parking spaces. Currently, there are four suites available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,800 square feet, with a total of 5,600 square feet currently vacant. The property is zoned B-1 and boasts a high visibility location on Milwaukee Avenue, with a reported average daily traffic count of 30,600 vehicles. Strong co-tenancy includes established businesses such as State Farm, Anytime Fitness, and Northside Community Bank. Recent capital improvements include repaving of the parking lot and a new building facade, ensuring a modern and well-maintained property. The building is ideal for businesses seeking flexible space options in a thriving community. Inquire today to learn more about leasing opportunities and explore the potential of this exceptional Riverwoods location. The property's address is 1125-1147 Milwaukee Avenue, Riverwoods, IL 60015.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 38,655 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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