CITY PARK AT LINCOLNSHIRE
Redevelopment in North Chicagoland
City Park at Lincolnshire is a multi-tenant retail center located at 255 – 295 Parkway Drive in Lincolnshire, IL, approximately 33 miles north of downtown Chicago. Located within a primary commercial corridor along Milwaukee Avenue at the southeast corner of the signalized intersection at Milwaukee Avenue & Aptakisic Road. The property consists of an 18-unit multi-tenant retail center totaling 71,758 square feet and a freestanding building totaling 6,528 square feet.
In recent years, Milwaukee Avenue has experienced major development within close proximity to City Park, specifically at the corner of Deerfield Road & Milwaukee Avenue. Additionally, there has been recent development just steps away from City Park including 444 Social, a luxurious, high-end apartment complex built in 2019 with over 300 units.
- City Park is located along the west side of Milwaukee Avenue, providing visibility and exposure to over 35,000 vehicles per day.
- Milwaukee Ave. is a major north/south thoroughfare in the Northern Suburbs and features a mix of both retail and higher-end office space in the immediate area.
- Lincolnshire, a part of Lake County, Illinois, is an extremely dense area with a population of over 180,000 within a five (5) mile radius.
- Median income for a household living in Lincolnshire Village is $116,316 compared to a median income of $65,712 for all households in the U.S.
News About City Park at Lincolnshire
KennMar has acquired City Park at Lincolnshire, a 78,786 square foot retail center in Lincolnshire, Illinois, a suburb 26-miles north of Chicago, IL.
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