475 Milwaukee Ave, Lincolnshire, IL 60069
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.