7370 Lincoln Ave Ste A Lincolnwood, IL 60712-1782

Property Details for 7370 Lincoln Ave Ste A

Year built

1960

Lot size

0.85 lot acres

Property type

Retail space

APN

10-27-317-046

APU

1027317046

Description

This exceptional 14,076 square foot office building, constructed in 1956, presents a compelling investment opportunity in the thriving Lincolnwood, Illinois market. Strategically located just 15 miles northwest of Chicago, this property enjoys unparalleled accessibility via Interstate 90/94 and its proximity to Touhy Avenue ensures high visibility and significant daily traffic—an estimated 12,500 vehicles pass by daily. Currently configured as a five-unit office space, the building includes 28 on-site parking spaces. A substantial 5,500 square foot rear lot offers additional parking or outdoor storage potential. The property's unique layout offers significant upside. Approximately 9,000 square feet of the building could be easily converted back into warehouse space, creating a highly sought-after flex office building. This conversion would capitalize on the limited availability of flex office space in Lincolnwood and surrounding areas. The warehouse area features 16-foot ceilings, two loading docks, and one overhead door, all of which could be reactivated to enhance functionality. The current owner occupies a portion of the office space and is open to remaining as a tenant or vacating upon sale to an owner-occupier. This presents a flexible scenario for the new owner, allowing for immediate occupancy or the opportunity to lease the space to generate rental income. This property is priced at $1,950,000.