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    300 Parkway Dr Lincolnshire, IL 60069
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    Property profile & analytics

    300 Parkway Dr Lincolnshire, IL 60069


    • Commercial real estate
    • 11.33 lot acres
    Lincolnshire Theater Redevelopment For Sale
    Contact for pricing
    75,372 SF

    Lincolnshire Theater Redevelopment

    75,000 SF former movie theater, prime location.

    Half Day, IL 60069
    View Listing
    Property ID
    US28-4888268
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 300 Parkway Dr

    Lot size
    11.33 lot acres
    Property type
    Commercial real estate
    APN
    15-27-206-019
    APU
    1527206019

    Description

    This exceptional 75,372-square-foot former movie theater presents a unique redevelopment opportunity in the heart of Lincolnshire, Illinois. Located at 300 Parkway Drive, this property sits on 11.33 acres and boasts a prime location adjacent to the newly developed 444 Social, a 302-unit luxury apartment building. The theater features multiple screening rooms, ADA-compliant bathrooms, high vaulted ceilings, and upgraded fire and safety infrastructure. Ample parking is provided with an 800-space surface lot (10.6 spaces per 1,000 square feet). The property benefits from excellent visibility and exposure due to its location at the signalized intersection of Milwaukee Avenue and Aptakisic Road, experiencing over 40,000 vehicles per day. This location is part of a larger, thriving development including Wildfire, Big Bowl, Hampton Inn & Suites, City Park of Lincolnshire (an 80,000-square-foot retail center), City Park Corporate Center (a 73,000-square-foot office building), and Extra Space Storage. The surrounding area is rich with retail options, including a Woodman's Food Market, Starbucks, Panera Bread, and other popular establishments within approximately one mile to the south. Furthermore, the property's proximity to Adlai E. Stevenson High School, one of the largest public schools in the state with approximately 4,100 students, adds significant value. This property offers an excellent chance to capitalize on the strong demographics and vibrant commercial environment of this affluent Northwest suburb, boasting an average household income of approximately $144,000 per year. The property was built in 1998.


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    Location Insight

    • Map
    • Local Demand
    City
    Lincolnshire
    County
    Lake
    State
    Illinois
    Longitude
    -87.9315
    Latitude
    42.1803
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $161,195
    $853,772
    $424,984
    $1,278,756
    -
    $2,561,572
    $1,275,079
    $3,836,651
    View Listing
    More about this property
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