Stony Creek Promenade - Chicago, IL
4830 W. 111th Street, Oak Lawn, IL, 60453, US
165,999 sf
Description
- Address: 970 Milwaukee Avenue, Lincolnshire, IL 60069
- GLA: 133,554 SF
- Occupancy: 84.7%
- Year 1 NOI: +/- $3,400,000
- 5-Year CAGR: +/- 6.0%
- Number of Buildings: Nine (9)
- Year Built: 2006
...
Attributes
Year built
2006
WALT
6.5 years
Rentable area
133,554 sf
Number of buildings
9
Media
Investment Highlights
- Dominant Endeavor Health Anchored Retail Center
- AA3 Investment Grade Tenancy
- $5.4B of Revenue in 2024, 8.5% Increase YoY
- Value-Add Potential Through Vacant Lease-Up
- 84.7% Occupied with 20,401 SF of Vacancy Across Six (6) Suites Ranging 1-8K SF
- 9 Separate Buildings Provides Exit Flexibility
- Advantageous for Investors and Provides Arbitrage Opportunities Through Single-Transaction Spin-Downs
- Includes Five (5) Single Tenant Outparcels and Four (4) Unanchored Strips
- 6.5 Year WALT Boosted by Recent Leasing Velocity
- 29K SF (22% of GLA) Across Five New Leases Executed in Past 18 Months
- Increased On-Site Density
- Former Office Building Directly to the North of Asset is Planned for 340 Unit Luxury Rental Apartment Redevelopment
- Lake County Location
- Tenants Benefit from Lower Tax Liabilities Compared to Other Counties within Chicago MSA
Contact brokers
Lincolnshire Commons (0 Properties)
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
26 Feb 2026
