475 Milwaukee Avenue

RETAIL PROPERTY FOR SALE OR LEASE

• ASKING $3,750,000
• Lease rates are negotiable. Owner will sub-divide.
• The building consists of 20,414 SF on 1st floor with a 3,446 SF Mezzanine.
• This property is located at the signalized intersection of busy Milwaukee Ave and Half Day Road (Route 22) with four points of ingress/egress along the ring road and off of Route 22 (traffic light at Milwaukee & the ring road).
• 139 Parking Spaces with 5.8 spaces per 1,000 SF.
• Zoning – Mixed-Use (R5) / Planned Unit Development (PUD)
• Monument signage on Milwaukee Ave & Route 22.
• This property is governed by an OEA with Village of Lincolnshire and Culvers to reimburse CAM expenses.
• Low Lake County property taxes (PIN: 15-15-404-176).
• This property is in excellent condition and location is a prime owner/user or lease up opportunity.
• Excellent demographics and high traffic counts with 29,368 VPD on Milwaukee Ave & 22,920 VPD on Route 22.