


3921 W TOUHY AvenueLincolnwood, IL 60712
Commercial · 4,800 Sq. ft.3921 W TOUHY Avenue Overview
- Time on Site:
- 661 days
- Visits:
- 11
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.
3921 W TOUHY Avenue Facts & Features
- Type Commercial
- Sq. ft. 4,800
- Price/Sq.ft. $250
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: N/A
- Net Operating Income: 93208
Building Information
- Year Built: 1970
Business Information
- Business Type: Retail
- Current Use: Medical/Dental
Location/Region
- County Or Parish: Cook
- MLS Area Major: Lincolnwood
- Township: Niles
Rent/Lease Information
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Operating Stops, Taxes, Insurance, Repairs, Scavenger, Tax Stops, Sewer
Tax Information
- Tax Annual Amount: $30,992.00
- Tax Year: 2023
General Information
- Parcel Number: 10351000360000
- Property Type: Commercial Sale
Interior
Building Interior
- Building Area Total: 4800
General Information
- Cooling: Central Air, Central Individual
- Electric: Separate Meters
- Leasable Area: 4800
- Stories: 1
Unit Information
- Unit SqFt.: 4800
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 100X140
- Lot Size Square Feet: 47043
General Information
- Number Of Units Total: 3
3921 W TOUHY Avenue Neighborhood
Community
60712 (Lincolnwood) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3921 W TOUHY Avenue Monthly Cost
3921 W TOUHY Avenue Market Data
Based on the last 30 days in this zip code
3921 W TOUHY Avenue History
| Date | Value | Agent |
|---|---|---|
| 4/21/2026Source: MRED | Active |
|
| 4/16/2026Source: MRED | Re-activated |
|
| 3/10/2026Source: MRED | Contingent |
|
| 9/14/2025Source: MRED | Active |
|
| 9/9/2025Source: MRED | Re-activated |
|
| 9/15/2024Source: MRED | Active |
|
| 9/9/2024Source: MRED | $1,200,000 -90.0% |
|
| 9/7/2024Source: MRED | September 07, 2024 |




















