800 Milwaukee AveBuffalo Grove, IL 60015

Property Details for 800 Milwaukee Ave

Lot size

1.46 AC

Property type

Commercial real estate

APN

15-35-103-024

APU

1535103024

Description

This exceptional retail space, totaling 1,258 square feet, is located within the bustling Buffalo Grove Crossing shopping center at 800 N Milwaukee Ave, Deerfield, IL 60015. Benefit from excellent visibility and high traffic counts, boasting exposure to over 37,000 vehicles per day on Milwaukee Avenue. The property's strategic location provides convenient access to Deerfield Road via the shops at Buffalo Grove Shopping Center. This is a single available space within a multi-tenant retail center, ideal for a variety of businesses seeking high visibility and convenient access. The property features pylon signage opportunities, enhancing brand recognition and attracting potential customers. The space is ready for immediate occupancy and presents a unique opportunity for businesses to establish a strong presence in a thriving retail environment. This prime location in Deerfield, Illinois offers excellent accessibility and visibility, making it an attractive option for retailers seeking a high-traffic area with strong potential for customer engagement. The property is situated at the intersection of Milwaukee Avenue and Deerfield Road, providing easy access for customers from various directions. The available space is part of a well-maintained shopping center, ensuring a positive shopping experience for customers.

• CAP approach

  CAP return

  Valuation

  6%

  $13,032,300

  6.5%

  $12,029,800

  7%

  $11,170,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,465,500

  Geo Method

  $8,294,970

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $24,440,400

  Retail / Commercial

  $12,384,800

  Mixed-Use / Specialty

  $12,224,000

  Hospitality / Lodging

  $8,816,410

  Office

  $12,029,800

  Institutional / Educational

  $12,666,300

  Residential Income

  $14,819,600

  Multifamily

  $18,420,800

  Automotive / Energy

  $10,856,800

  Parking / Income-Based Land

  $3,861,860

  Restaurant / Food Service

  $6,108,720

  Healthcare / Senior Housing

  $12,655,100

Location Insight

City

Buffalo Grove

County

Lake

State

Illinois

Latitude

42.1665

Longitude

-87.922

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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