7370 Lincoln Ave Ste A Lincolnwood, IL 60712-1782
Property profile & analytics
7370 Lincoln Ave Ste A Lincolnwood, IL 60712-1782
- Retail space
- 0.85 lot acres
Property ID
US28-1094187
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.
Location Intelligence
Current Use by Public Records
- Retail space
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lincolnwood
- County
- Cook
- State
- Illinois
- Longitude
- -87.7434
- Latitude
- 42.0142
- 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
2022
$81,039
$129,171
$186,344
$315,515
-
$516,684
$745,376
$1,262,060
