185 Milwaukee AveLincolnshire, IL 60069

  • Commercial real estate
  • 4.06 AC
For Lease

Property Details for 185 Milwaukee Ave

Lot size
4.06 AC
Property type
Commercial real estate
APN
15-15-407-010
APU
1515407010

Description

This exceptional retail opportunity is located at 185 N Milwaukee Ave, Lincolnshire, IL 60069, in Lake County. The property, known as Village Green Retail, offers three available spaces ranging in size from 844 square feet to 3,337 square feet, perfect for a variety of retail businesses. The property boasts ample parking, ensuring convenient access for customers. Its strategic location provides easy access to I-94 via Olde Half Day Road, enhancing visibility and accessibility for both customers and employees. The surrounding area is characterized by an affluent trade area with a high daytime population, presenting a significant opportunity for businesses seeking a strong customer base. The multiple tenancy setup allows for flexibility and potential for synergistic businesses. This property is ideally suited for businesses seeking high visibility and convenient access in a thriving Lincolnshire community. The address is easily accessible from major roadways, making it a convenient location for customers and employees alike. The property's location within a high-traffic area and affluent neighborhood ensures a steady stream of potential customers. This is a rare opportunity to secure retail space in a desirable and high-demand location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $36,551,104
    Hospitality
    $33,480,616
    Educational
    $27,855,480
    Medical
    $28,813,472
    Retail
    $43,330,744
185 Milwaukee Ave, Lincolnshire, Illinois

Location Insight

City
Lincolnshire
County
Lake
State
Illinois
Latitude
42.2036
Longitude
-87.9321
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
2023
$147,612
$612,133
$1,021,902
$1,634,035
-
$1,836,583
$3,066,013
$4,902,596

FAQs

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