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Active - Other for sale
Lincolnwood, IL
Facts & features
Why you’ll love it
- New roof
- Updated HVAC
- Updated electrical
- On-site parking
Prime Investment Opportunity | 7.78% CAP | Fully Leased Retail Strip in Lincolnwood Exceptional opportunity to acquire a fully stabilized retail strip center in a high-visibility, high-traffic corridor of Lincolnwood. This B2-zoned property is 100% occupied with long-term tenants, offering immediate and reliable income from day one. The building features approximately 4,800 square feet of leasable space, currently configured as three 1,600 SF units, providing flexibility for a diverse tenant mix. Located in a densely populated and highly desirable trade area, the property benefits from strong surrounding demographics, including approximately 15,000 residents within a 1-mile radius, nearly 300,000 within 3 miles, and over 800,000 within 5 miles. The average household income in the area exceeds $100,000, supporting consistent retail demand. Adding to the long-term upside, the highly anticipated District 1860 mixed-use development-just 0.6 miles away at Touhy & Lincoln-will significantly enhance both foot and vehicle traffic in the immediate area, further strengthening retail activity and tenant stability. The property has been extensively updated, including a new roof, HVAC/AC systems, water heater, and electrical, making it a low-maintenance, turnkey investment. In addition, the site offers 15+ parking spaces, ensuring convenience for both tenants and customers. With a diverse and dynamic demographic base, this location supports a wide range of retail and service-oriented businesses without reliance on a single customer segment. This is a rare opportunity to secure a well-maintained, income-producing asset in one of the most active retail corridors in the North Shore market.
Listings courtesy of Platinum Partners Realtors as distributed by MLS GRID.
Listed by: Sang Han • Platinum Partners Realtors
Co-listed by: Platinum Partners Realtors
Source: MRED as distributed by MLS GRID, MLS#: 12158047
Based on info available as of Nov 14, 2026 at 8:07 PM EST.
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Affordability
$8,651/mo
- Mortgage$6,068
- Property tax$2,583
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$24,000 Credit back
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About Lincolnwood
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 08:07pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$24,000 Credit back
