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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    475 Milwaukee Ave, Lincolnshire, IL 60069

    4.21 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US28-4098449
    Property summary
    AI-generated overview

    This exceptional retail property, located at 475 N Milwaukee Avenue in Lincolnshire, Illinois (Cook County, zip code 60069), offers multiple spaces for lease, totaling 17,990 square feet. Currently, the entire space is vacant and available for immediate occupancy. Three distinct pads are available, providing build-to-suit opportunities for various retail concepts. Pad A offers up to 5,000 square feet with outdoor seating potential. Pad C provides up to 5,560 square feet, including an outdoor terrace. Pad D presents a larger space of up to 7,430 square feet, ideal for smaller shops or restaurants. The minimum leasable space is 5,000 square feet, with a maximum contiguous space of 7,430 square feet. This prime location boasts high traffic counts on Milwaukee Avenue (31,600 vehicles per day) and benefits from convenient access to Route 22, providing direct access to the Tri-state Tollway/Highway 94. The property is situated in a strong retail corridor, near established businesses such as the recently opened Culver's, Lincolnshire Marriott Resort, Commons at Town Center, Lincolnshire Commons, Trinity International University, and Stevenson High School. This presents a unique opportunity to establish a presence in a thriving and highly visible location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 4.21 ac (183,431 SF)
    APN 15-15-404-176
    UPID US28-4098449
    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
    AI Approach AI
    $3.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.81M
    Owner & transaction history
    475 Property Investment LLC
    475 Property Investment LLC
    since 2025
    Last sale
    $2.6M
    6 recorded transactions
    2025
    $3.1M
    2024
    2023
    $2.6M
    2022
    2018
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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