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7373 Lincoln Ave Lincolnwood, IL 60712-1715

OFF-MARKET Retail space Google Maps
10,700 SF 0.44 ac lot Built 1964
Entity Owned Free & Clear
Estimated value (blended)
$335k
Range $302k – $369k (±10%)
Property ID US28-1968494

Property summary

AI-generated overview

This exceptional 11,317 square foot freestanding office building presents a rare investment opportunity in the highly desirable Lincolnwood, Illinois market. Recently remodeled, this two-story building offers a versatile layout, originally designed as a single-tenant headquarters but now reconfigured to accommodate multiple tenants. The building boasts high ceilings and ample natural light throughout, thanks to its numerous windows. A modern keyless access system ensures security and convenience. The property includes abundant on-site parking, supplemented by readily available street parking. Its strategic location on Lincoln Avenue, between Touhy and Skokie Boulevard/Howard, provides excellent accessibility. The building is less than a mile from the I-94/Touhy interchange, offering convenient access to major roadways. Public transportation, including multiple bus routes, is also within close proximity. This prime location benefits from its adjacency to the new "District 1860" development, providing tenants with a wide array of retail and dining options. The 0.45-acre lot offers ample space and potential for future expansion. Priced at $1,500,000, this property represents a significant value in a thriving commercial area. This is an exceptional opportunity for investors seeking a well-maintained, multi-tenant office building in a highly sought-after location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Total area 10,700 SF
Lot 0.44 ac (19,264 SF)
APN 10-27-312-028
UPID US28-1968494

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$335k

Owner & transaction history

since 2025
Last sale
$991,500
4 recorded transactions
2025
$991,500
2021
Price N/A
2015
$1.1M
1969
Price N/A

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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