2001-2055 Milwaukee AveLincolnshire, IL 60015

For Lease
$0-$336 /SF/YR

Prime Retail Space Available in Lincolnshire, IL

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional retail property, The Shoppes of Riverwoods, located at 2001-2055 Milwaukee Avenue in Lincolnshire, IL (zip code 60015), presents a compelling investment opportunity. The 30,280 square foot strip center, built in 2003, boasts nine suites and currently has 10,104 square feet of vacant space available. Units range from a minimum of 2,100 square feet to a maximum contiguous space of 4,500 square feet, with three units currently available for lease. The property sits on a 7.62-acre lot and is zoned B-1, ensuring flexibility for a variety of retail uses. The asking rent is $24 to $28 per square foot, triple net (NNN), with taxes at $3.14 per square foot and CAM charges of $7.44 per square foot. The property benefits from high visibility on Milwaukee Avenue, a major thoroughfare with a high volume of traffic (30,600 vehicles per day), and enjoys a strong location across from Woodman's Markets. Existing co-tenants include popular businesses such as Jimmy John's and Orange Theory Fitness, creating a vibrant and attractive retail environment. This property offers a unique chance to acquire a well-located retail center with significant upside potential. The property's size and layout provide opportunities for both single and multi-tenant occupancy.

Highlights

  • 1,440-4,500 SF Available
  • Two Suites Available
  • $24-$28/SF NNN Rent
  • $3.14/SF Taxes
  • $7.44/SF CAM
  • 30,600 VPD on Milwaukee Avenue

Property Details for 2001-2055 Milwaukee Ave

Property type
Neighborhood centers, Other retail properties
RSF (Rentable sq. ft)
30,280 SF
Year Built
2003

Unit(s) available at that property

Space
2025
Size
4,272 SF
Rate per SF
$336
Space
2001
Size
3,000 SF
Space
2011
Size
1,440 SF

Location Insight

City
Lincolnshire
County
Lake
State
Illinois
Latitude
42.1704257
Longitude
-87.9217895
2001-2055 Milwaukee Ave, Lincolnshire, Illinois

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2001-2055 Milwaukee Ave
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