1901 Cherry LnNorthbrook, IL 60062

For Lease
$12-$22 /SF/YR

Prime North Shore retail, office, & land.

Overview

Added:
Dec 11, 2024
Days on market:
94
Northbrook Meadows, located at 1901 Cherry Ln, Northbrook, IL 60062, presents a unique investment opportunity in the affluent North Shore submarket. This single-story, 118,000 square foot commercial property, built in 1959 and renovated in 2024, sits on a 7-acre lot (8 acres total land) and is zoned for retail use. Currently offering multiple tenancies, there are 15,140 square feet of vacant space available, with contiguous spaces ranging from 5,600 to 10,600 square feet. The property boasts a Class B rating and features a diverse mix of co-tenants including Marcello's Father and Son Restaurant, Advanced Auto Parts, Ace Hardware, Rosin Eye Care, and Subway, alongside other local businesses. Its strategic location across from the new Sunset Foods and within a thriving community with a population of 192,649 within a 5-mile radius (72,261 households, average household income $155,424) makes it an ideal location for a variety of businesses. The property is easily accessible via Cherry & Meadow cross streets. This is a chance to establish a presence in a high-demand area with strong demographics and established neighboring businesses, including well-known restaurants and retailers. The property includes one building with no elevators.

Highlights

  • 118,000 SF single-story retail building on 7 acres (8 acres total) in Northbrook, IL.
  • 15,140 SF of contiguous vacant space available (5,600 - 10,600 SF units).
  • Strong co-tenancy including national and local businesses (e.g., Sunset Foods, Advanced Auto Parts, Ace Hardware).
  • Prime North Shore location with excellent demographics (192,649 population within 5 miles, $155,424 avg. household income).
  • Convenient access to Metra and Pace bus routes.

Property Details for 1901 Cherry Ln

Property type
Other retail properties, Other office properties
RSF (Rentable sq. ft)
118,000 SF
Class
B
Year Built/Renovated
1959/2024
Buildings
1
Stories
1

Unit(s) available at that property

Space
2
Size
5,600 SF
Rate per SF
$22
Space
Former Coldwell Banker Realty
Size
7,400 SF
Rate per SF
$12

Location Insight

City
Northbrook
County
Cook
State
Illinois
Latitude
42.131180658453
Longitude
-87.826889962482
1901 Cherry Ln, Northbrook, Illinois

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1901 Cherry Ln
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