3921-3925 W Touhy Ave - Freestanding FOR SALE


Lincolnwood, IL 60712
$1,200,000 USD
630-435-3500
3921-3925 W Touhy Ave, Lincolnwood, IL for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/17
null | 7.77% Cap Rate

3921-3925 W Touhy Ave
Lincolnwood, IL 60712


HIGHLIGHTS

  • Brand new roof, brand new water heater, brand new wiring, brand new HVAC

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

7.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

B-2

APN/PARCEL ID

10-35-100-036-0000

ASK ABOUT THIS PROPERTY

Sang HanPlatinum Partners RealtorsMore Info
630-435-3500

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Sang HanPlatinum Partners RealtorsMore Info
630-435-3500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.