Regional Brands Lincolnwood Brands
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Regional Brands Lincolnwood Brands The Village of Lincolnwood is seeking Retailers, Restaurants, Commercial Services, a Grocer, and Entertainment uses to join our vibrant and growing business community, home to more than 500 businesses. Conveniently located within 10 miles of both the Chicago Loop and O’Hare International Airport, and immediately accessible by an interchange on the Edens Expressway (I-94) at Touhy Avenue, Lincolnwood is where Chicago’s North Side meets the North Shore. Lincolnwood has an enviable location, strong demographics, high traffic counts and the engaged local government that businesses seek when considering new locations. For additional information, please contact Steve McNellis, Community Development Director at 847-745-4710 (Direct) or at [email protected] • Inner-Ring Suburb, with Direct access to the City of Chicago and greater Chicago Area • I-94 (Edens Expressway) Interchange at Touhy Avenue with volumes of 150,000+ on I-94 at Touhy • 40,000+ traffic count on Touhy Avenue at I-94 Interchange • 20,000 - 30,000 traffic count on Lincoln Avenue, Cicero Avenue and Devon Avenue • Distance to Downtown Chicago & O’Hare International Airport = 10 miles • Home to over 500 businesses • Three active TIF Districts: Lincoln-Touhy (2011), Devon-Lincoln (2014), Northeast Industrial (1996) • Mid-size Indoor Regional mall (Lincolnwood Towncenter), with approximately 90 tenants, including two anchors: Carson Pirie Scott and Kohls • Business-friendly Economic Development Commission and Village Board • Average Household Income of Lincolnwood is approximately $109,000 (2015) • Population density of over 175,000 within a 10-minute drive time and 550,000 within a 15-minute drive time. Top Properties Available for Sale: WWW.linc.business 1. Vacant Building & Lot: 4656 W. Touhy Avenue (northeast corner of N Kilpatrick Avenue & W. Touhy Avenue), B3 Zoning permits various retail, restaurant, commercial services, and entertainment uses. Existing 9,120 sq. ft. building on a 26,068 sq. ft. lot. $1.05M sales price. (37,000+ traffic count). Contact – Bruce Heller of Coldwell Banker Commercial at 312- 915-4722 2. Vacant Building (for redevelopment or teardown): 6530 Lincoln Avenue (southeast corner of Hamlin & Lincoln), B1 Zoning permits various retail, restaurant, commercial services, and entertainment uses. Existing 15,400 sq. ft. building with overhead doors and warehouse space on 1.03 acres. Sales Price - $1,650,000. (20,500+ traffic count) Contact – Ben Shulman & David Goldberg of Special Assets at 847-675-8700, X 19 or 21 3. Vacant Lot: 4500 Touhy Avenue (northwest corner of Touhy & Lincoln), B3 Zoning permits various retail, restaurant, grocery, multi-family residential, commercial services, and entertainment uses. Site is 8.47 acres, with potential to add 2.24 acres (highlighted in lime green on aerial photo) and utilize existing lease on Commonwealth Edison right-of-way (highlighted in yellow on aerial photo) for additional parking. (37,000+ traffic count) Contact Steve McNellis, Community development Director for Lincolnwood, at 847-745-4710 or [email protected] for additional information. 4. Vacant Building & Site: 6601 N. Lincoln Avenue (north side of N. Lincoln Avenue), B1 Zoning permits various retail, restaurant, commercial services, and entertainment uses. Existing 10,000 sq. ft. building on a 25,000 sq. ft. lot. Sales price - $969,000. (20,500+ traffic count) Contact – Michael Rayan of Rayan Realty & Management at 773- 406-6550 Top Properties Available for Lease: WWW.linc.business 5. Vacant Space in Two-Tenant Commercial Building: 6850 N. McCormick Boulevard (southwest corner of Northeast Parkway and N. McCormick Boulevard), PUD Zoning permits retail and commercial services uses. Approximate 41,000+ sq. ft. anchor space available for lease. Call for lease Price. Former Dominick’s store split into two tenants, with Planet Fitness as adjoining tenant. (30,000+ traffic count) Contact – Joe Parrott of CBRE at 847-572-1450 ([email protected]) or Sean McCourt of CBRE at 847-572- 1458 ([email protected]) 6. Indoor Mall: Lincolnwood Town Center Mall at 3333 W. Touhy Avenue (southwest corner of W. Touhy Avenue and N. McCormick Boulevard), PUD permits retail store sales. Multiple indoor spaces available for lease (30,000+ traffic count on W. Touhy Avenue and 30,000+ on N. McCormick Boulevard) Contact – Genelle Iocca of WP Glimcher at 847-674-1219 ([email protected]) 7. Vacant Commercial Building: 3420 W. Devon Avenue (North side of W. Devon Avenue, between N. Trumbull Avenue and N. Kimball Avenue), B2 Zoning. Owner seeking a restaurant re-use or National Credit Tenant on ground floor of a multi-family building. Build to suit. Existing 5,300 +/- sq. ft. building on a 24,634 sq. ft. lot. Lease Price - negotiable. Former Whistler’s restaurant property. (25,000+ traffic count). Second generation restaurant space. Contact – Andrew Glatz of Crown Heights Realty at 773- 860-8770 or [email protected] 8. In-Line Strip Center: 3360 Devon Avenue (north side of W. Devon Avenue, just west of N. Christiana Avenue), B2 Zoning permits various retail, restaurant, and commercial services uses. 1,000-5,000 sq. ft. tenant spaces available for lease. Call for Lease Price. Vacant 5,000 sq. ft. strip center. (25,000+ traffic count) Contact – John S. Kim of Lincoln Realty at 847-507-4989 9. In-Line Strip Center: 3936 & 3942 W. Devon Avenue (Northeast corner of N. Crawford Avenue and W. Devon Avenue), B2 Zoning permits various retail, restaurant, and commercial services uses. 1,600 sq. ft. or 2,900 sq. ft. in-line tenant space available for lease. Lease Price - $21/sq. ft. Triple Net. (22,000+ traffic count). Tenant spaces are in a CVS-anchored strip center. Contact – Tom Peterson at First Western 773-545-2000 X86 10. Multi-Tenant Building: 7080 N. McCormick Boulevard (Towncenter Warehouse between Towncenter Ring Road and N. Central Park Avenue), PUD zoning. Up to 46,000 sq. ft., facing the Towncenter Mall ring road, available for lease at $6.50/sq. ft. (27,100 traffic count at McCormick). This is a warehouse that can be retrofitted for commercial or entertainment use. Contact – David Goldberg of Special Assets at 847- 675-8700 X21 11. Vacant Commercial Building: 3921 Touhy Avenue (south side of W. Touhy Avenue, east of N. Crawford Avenue), B2 zoning permits various retail, restaurant, and commercial services uses. Existing 4,800 sq. ft. building on a 14,000 sq. ft. lot. Call for lease price. (25,000+ traffic count). Direct access from eastbound Touhy Avenue. Contact – Adam Moschin of Clark Street Real Estate at 312-377-9306 Additional Properties for Sale or Lease: WWW.linc.business 12. In-Line Strip Center: 4370 W. Touhy Avenue (David’s Square shopping center, between Kostner and Lowell, on the north side of Touhy Avenue), B2 Zoning permits various retail and commercial services uses. 2,650 sq. ft. in-line tenant space available for lease. Lease Price - $11.38/sq. ft. Triple Net. (27,000+ traffic count) Contact – Dan Stratis (312-506-0250) or Joe Kunst (630-421-1954) of @Properties 4370 W. Touhy 3750-74 Devon 13. In-Line Strip Center: 3750-74 W. Devon Avenue (between Ridgeway and Hamlin, west of Lincoln), M-B Zoning permits various retail, commercial service and office uses. Four units at 1,250 sq. ft. per unit available for lease. Call for lease price. (21,000+ traffic count) Contact – Aaron Kaplan of Vandon Forbes at 847-673-7000 14. In-Line Strip Center: 4700 & 4718 W. Touhy Avenue (between Keating and Kilpatrick, east of Cicero), B2 Zoning permits various retail, restaurant and commercial services uses. 1,150 sq. ft. or 2,150 sq. ft. in-line tenant space available for lease. $1,600 per month + taxes for 4700 Touhy and $3,000 per month + taxes for 4718 Touhy. (37,000+ traffic count) Contact - Koldon Management at 847-438-3300 4700/4718 Touhy 6609 Lincoln 15. Building & Site: 6609 N. Lincoln Avenue (north side of N. Lincoln Avenue), B1 Zoning permits various retail, restaurant, commercial services, and entertainment uses. Existing 14,900 sq. ft. building on a 0.5 acre lot available for sale. Sales price - $2,199,999. (20,500+ traffic count) Contact – Wilson & Associates Realty Corporation (no contact information, but property is listed through Broker Reciprocity on multiple Realtors/Brokers) WWW.linc.business Lincolnwood Demographics: Population Summary: 1-mile Radius 3-Mile Radius 5-Mile Radius 2015 – 18,172 2015 – 280,795 2015 – 836,079 2020 – 18,200 2020 – 283,932 2020 – 847,945 10-Minute Radius 15-Minute Radius 20-Minute Radius 2015 – 176,899 2015 – 552,854 2015 – 1,108,103 2020 – 178,653 2020 – 559,676 2020 – 1,123,652 Median Household Income: 1-mile Radius 3-Mile Radius 5-Mile Radius 2015 – $83,979 2015 – $55,692 2015 – $53,829 2020 – $100,894 2020 – $64,299 2020 – $62,259 10-Minute Radius 15-Minute Radius 20-Minute Radius 2015 – $61,136 2015 – $59,275 2015 – $56,322 2020 – $72,353 2020 – $69,766 2020 – $65,642 Average Household Income: 1-mile Radius 3-Mile Radius 5-Mile Radius 2015 – $109,260 2015 – $77,736 2015 – $77,506 2020 – $124,047 2020 – $88,267 2020 – $88,637 10-Minute Radius 15-Minute Radius 20-Minute Radius 2015 – $85,694 2015 – $86,804 2015 – $85,854 2020 – $97,235 2020 – $98,662 2020 – $97,902 Median Home Value: 1-mile Radius 3-Mile Radius 5-Mile Radius 2015 – $376,233 2015 – $326,920 2015 – $326,256 2020 – $431,011 2020 – $375,249 2020 – $379,025 Median Age: 1-mile Radius 3-Mile Radius 5-Mile Radius 2015 – 45.6 2015 – 37.9 2015 – 37.5 2020 – 46.3 2020 – 38.7 2020 – 38.2 10-Minute Radius 15-Minute Radius 20-Minute Radius 2015 – 41.6 2015 – 39.4 2015 – 37.9 2020 – 42.2 2020 – 40.0 2020 – 38.7 (Prepared by ESRI, July, 2016) .