Shopping Center

Lincolnshire, IL Shopping Centers for Sale

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Two-Story Multi-Tenant Retail Office
Updated: Apr 12
Two-Story Multi-Tenant Retail Office

430 N. Milwaukee Avenue, Lincolnshire, IL 60069

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23,342 sqft
Two‑story, 23,342 SF multi‑tenant retail/office building in Lincolnshire, IL (Chicago MSA)
Currently 74% leased; anchored by Athletico and Bonta Italian Deli on triple net leases with term into 2026
NOI of approximately $167,000 at current occupancy; potential to add value through lease‑up and stabilization
On‑site parking lot with 65 surface spaces (2.22/1,000 SF) plus dual‑sided monument signage on Milwaukee Ave
Milwaukee Ave frontage offers exposure to over 31,000 VPD; two cub cuts provide ingress/egress from both directions
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Lincolnshire, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Mixed-Use Retail Office
Two-Story Mixed-Use Retail Office

225 E Deerpath Road, Lake Forest, IL 60045

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47,863 sqft

Two-story mixed-use building with retail and office space at a downtown street-corner location.

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Multi-Tenant Retail Center on Milwaukee
Multi-Tenant Retail Center on Milwaukee

701-749 N Milwaukee Ave, Wheeling, IL 60090

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14,061 sqft 1.36 AC lot

92% leased retail center with 265 feet of frontage along North Milwaukee Avenue at a Lake Cook Road intersection.

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Hotel-Front Retail Center
Hotel-Front Retail Center

701 N Milwaukee Ave, Wheeling, IL 60090

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1,050 sqft

Shopping center positioned in front of the Westin Hotel with excellent visibility and ample parking.

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Two-Story Mixed-Use Retail Office Center
Two-Story Mixed-Use Retail Office Center

840 S Waukegan Rd, Lake Forest, IL 60045

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53,557 sqft

Forest Square is a two-story mixed-use community center with below-ground heated parking and space for retail and office tenants.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Rand Road Development Opportunity
Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Corner Commercial Land Parcel
Corner Commercial Land Parcel

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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Madison Street Land Opportunity
Madison Street Land Opportunity

4440-4456 W Madison Street, Chicago, IL 60624

$450,000
0.91 AC lot

Six lots on Madison Street, ideal for development.

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Elgin Land Development Opportunity
Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000
40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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Off-Market Properties in Lincolnshire, IL

Consider similar Off-Market properties in Lincolnshire, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2001-2055 Milwaukee Ave
Neighborhood centers

2001-2055 Milwaukee Ave, Lincolnshire, IL 60015

Value Estimation by Request
30,280 sqft
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Lincolnshire, IL Shopping Centers Market Trends and Statistics

Explore 2 shopping centers for sale in Lincolnshire, IL on our real estate platform. These investment opportunities span a total of 23,342 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 10
Storefront properties 1

Demographics Overview

Population 8,728
Population Growth (5Y) +6.6%
Median Household Income $157,366

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Lincolnshire fall within the 100,000+ square foot range.

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