Property profile

185 Milwaukee Ave Lincolnshire, IL 60069

OFF-MARKET
Commercial real estate
Property ID
US28-0921349
4.06 ac lot
Entity Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 185 N Milwaukee Ave, Lincolnshire, IL 60069, in Lake County. The property, known as Village Green Retail, offers three available spaces ranging in size from 844 square feet to 3,337 square feet, perfect for a variety of retail businesses. The property boasts ample parking, ensuring convenient access for customers. Its strategic location provides easy access to I-94 via Olde Half Day Road, enhancing visibility and accessibility for both customers and employees. The surrounding area is characterized by an affluent trade area with a high daytime population, presenting a significant opportunity for businesses seeking a strong customer base. The multiple tenancy setup allows for flexibility and potential for synergistic businesses. This property is ideally suited for businesses seeking high visibility and convenient access in a thriving Lincolnshire community. The address is easily accessible from major roadways, making it a convenient location for customers and employees alike. The property's location within a high-traffic area and affluent neighborhood ensures a steady stream of potential customers. This is a rare opportunity to secure retail space in a desirable and high-demand location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 4.06 ac (176,854 SF)
APN 15-15-407-010
UPID US28-0921349

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Bakery
  • Business Management Consultant
  • Dental Office
  • Dental Office
  • Dental Office

Location

185 Milwaukee Ave Lincolnshire, IL 60069-3010
Lincolnshire metro Census 866200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 2010
5 recorded transactions
2010
$12.0M
2010
Price N/A
2007
Price N/A
2007
$27.9M
2004
$11.1M

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
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