Economic Overview

Demographics Overview

Population Characteristics

Population: 6,309
% under 18: 27.6
% 65 & older: 13.7

Households

Total Household Units: 2,300
Mean Household Size: 2.9
Owner Occupied Units: 2,114
Median Home Value: $449,091

Income

Median Household Income: $143,143
Per Capita Income: $66,530

Transportation

Airports:
- O'Hare International Airport
- Midway Airport
- Palwaukee Municipal Airport
Highways:
- I-94 (Edens Expressway)
- I-294 (Tri-State Tollway)
Train Service: METRA
Bus Service: PACE
Distance to Downtown Chicago: 30 miles
Average Driving Time to Downtown Chicago: 40 minutes

Climate

Average Temperature:
January: 21.3F
July: 72.9F
Average Annual Precipitation: 33 inches
Average Annual Snowfall: 37 inches

Tax Information

Retail Sales Tax: 6.5%
Annual Sales Tax 2002-03: $2,691,299
2002 Property Tax
Total: $619,793
2002 Gross Valuation
Taxable Property: $543,652,000

More information available to GLCC members on request, include:

Community Profile Detail
5, 10 & 15 mile Radius Demographics
Consumer Expenditure Reports

Major employers in Lincolnshire

(Listed alphabetically; information gathered by the Village of Lincolnshire.)

Acco World
300 Tower Parkway

Adlai E. Stevenson High School
1 Stevenson Drive

Caremark
25 Tri State Int'l

Hewitt Associates
100 Half Day Road

HydraForce Inc.
500 Barclay Boulevard

Lincolnshire-Prairie View School District 103
1370 Riverwoods Rd

Parker Hannifin
595 Schelter Rd

Quill Corporation
100 Schelter Road

Takeda Phamaceuticals
475 Half Day Rd.

W.W. Grainger
455 Knightsbridge Parkway

Build Your Business Here

Development in Lincolnshire Latest Update

Notes from information presented by Steve McNellis, Dir of Comm Dev, at LCP Mtg, 9/19/07.

Residential Developments in Various Stage of Planning and Development
Old Mill - 27 Homes
Brookwood Farms - 8 Homes
Lincolnshire Forest - 11 Homes
Forest View - 7 Homes
Condo Project (West side of South Village green) 62 Units
First occupancy expected in July 2008
Walden Pond Condos (South of Homewood Suites, at Westminster Way) 36 Units

Commercial Developments
Lincolnshire Commons:
Barnes & Noble opening scheduled for middle of November.
Other stores coming in - Bath & Body Works, Ritual Aveda Salon, Lenscrafters, Talbots.

Downtown: (NE corner of 22 at Milwaukee)
No lease yet and perhaps will not be resolved by end of year.
Plans include - Grocery Store, 2 story office building, Chase Bank, 6500 sq ft multi-tenant retail building.

Bridgeview Bank: (NW corner of Olde Half Day Rd and Milwaukee, former location of PJ Willicker's and Tacos Del Rey.)
Plans are in review with ARB.

Aloft Hotel: CityPark
Deck of hotel to be built on piers and sit over Northern corner of retention pond.
Plans are in review with ARB.

Centrum Properties: (SW corner at Rt 22 and Milwaukee Ave)
In very initial planning stages. Centrum is planning a lifestyle center or approximately 300,000+sq ft.
Tentatively planning for 4 sit down restaurants along Milwaukee Ave, 24 hour health club, possible live theater (independent film, comedy theater?), hotel, retail.
Possible 3 or 4 buildings with plaza, retail on lower levels, offices on upper levels, bulk of parking on decks behind buildings. Buildings to be 4-4.5 stories high.
Village Board is looking for "an award winning project" "needs to be unique and different."
Possible 1 year away from Village approval.

SE Corner of Rt 22 & Milwaukee Ave:
Plans on hold. Retail and/or bank were being planned.

Traffic Signal at Sedgebrook/Lincolnshire Commons: Sign to be installed by IDOT without further delay.

Office Space Locations:

CityPark Office Building
JTS Architects Building
Lincolnshire Corporate Center
Protected Tomorrows Office Space
Spectrum Center
Tri-State International
Village Green Offices

Go Green

Local Resources:

Pass On Your PC: www.passonyourpc.com
Leasing and training on newly refurbished computers.

Sold Waste Management of Lake County: www.swalco.org
County organization.

Please contact us with any additional resources in the area.

Government Affairs

Legislative News Updates

"The House and Senate released the session schedule for the 2008 session. Both the House and Senate are scheduled to return on January 9th and 10th, but will not return again until February 13th. The session calendar indicates that the scheduled adjournment date is May 29th." Source: Illinois Chamber of Commerce

"The Lake County Board approved the Fiscal Year 2008 Budget at its regular meeting on November 13, 2007. The total budget is $450,022,261. While this represents an increase of 5.86% from FY2007, citizens should be aware this includes revenue that is generated from other sources, not from local taxpayers - like state and federal grants for the health department. Also, the increase includes millions of dollars for one-time capital improvements using cash available in the County coffers." Source: Communications@co.lake.il.us

Join Us In Advocating for Your Business

Village of Lincolnshire Contact Information

Lincolnshire Village Hall
1 Olde Half Day Road
Phone: 847-883-8600

Village Manager - Robert Irvin

Director of Community Development and Planning - Steve McNellis

Member Business Toolkit

Job Bank

Member Buyer's Club

Request Demographic Detail:

Community Profile Detail
5, 10 & 15 mile Radius Demographics
Consumer Expenditure Reports

Request Mailing Labels:

GLCC Members
All Lincolnshire Businesses
New Residents

Request Updated Local Media Contact List

Resources for Business from the VAPLD

See events and programs for networking opportunities.

See opportunities for business exposure and sponsorship.

SCORE Business Counseling: call 847-793-2409 to schedule appointment.

Certificates of Origin: Free to members, call 847-793-2409 for information.

Call the Chamber office with other requests for specific information.


Learn About the GLCC Programs and Events Membership Directory News Economic Overview Build Your Business Here Government Affairs Member Business Toolkit Programs and Events Calendar Exposure and Sponsorship Opportunities Committee Updates JOIN Where to Stay What to Do Dining Out Business Directory Getting Here and Getting Around Weather Living in Lincolnshire Resources for Newcomers
	Economic Overview Demographics Overview Population Characteristics Population: 6,309 % under 18: 27.6 % 65 & older: 13.7 Households Total Household Units: 2,300 Mean Household Size: 2.9 Owner Occupied Units: 2,114 Median Home Value: $449,091 Income Median Household Income: $143,143 Per Capita Income: $66,530 Transportation Airports: - O'Hare International Airport - Midway Airport - Palwaukee Municipal Airport Highways: - I-94 (Edens Expressway) - I-294 (Tri-State Tollway) Train Service: METRA Bus Service: PACE Distance to Downtown Chicago: 30 miles Average Driving Time to Downtown Chicago: 40 minutes Climate Average Temperature: January: 21.3F July: 72.9F Average Annual Precipitation: 33 inches Average Annual Snowfall: 37 inches Tax Information Retail Sales Tax: 6.5% Annual Sales Tax 2002-03: $2,691,299 2002 Property Tax Total: $619,793 2002 Gross Valuation Taxable Property: $543,652,000 More information available to GLCC members on request, include: Community Profile Detail 5, 10 & 15 mile Radius Demographics Consumer Expenditure Reports Major employers in Lincolnshire (Listed alphabetically; information gathered by the Village of Lincolnshire.) Acco World 300 Tower Parkway Adlai E. Stevenson High School 1 Stevenson Drive Caremark 25 Tri State Int'l Hewitt Associates 100 Half Day Road HydraForce Inc. 500 Barclay Boulevard Lincolnshire-Prairie View School District 103 1370 Riverwoods Rd Parker Hannifin 595 Schelter Rd Quill Corporation 100 Schelter Road Takeda Phamaceuticals 475 Half Day Rd. W.W. Grainger 455 Knightsbridge Parkway Build Your Business Here Development in Lincolnshire Latest Update Notes from information presented by Steve McNellis, Dir of Comm Dev, at LCP Mtg, 9/19/07. Residential Developments in Various Stage of Planning and Development Old Mill - 27 Homes Brookwood Farms - 8 Homes Lincolnshire Forest - 11 Homes Forest View - 7 Homes Condo Project (West side of South Village green) 62 Units First occupancy expected in July 2008 Walden Pond Condos (South of Homewood Suites, at Westminster Way) 36 Units Commercial Developments Lincolnshire Commons: Barnes & Noble opening scheduled for middle of November. Other stores coming in - Bath & Body Works, Ritual Aveda Salon, Lenscrafters, Talbots. Downtown: (NE corner of 22 at Milwaukee) No lease yet and perhaps will not be resolved by end of year. Plans include - Grocery Store, 2 story office building, Chase Bank, 6500 sq ft multi-tenant retail building. Bridgeview Bank: (NW corner of Olde Half Day Rd and Milwaukee, former location of PJ Willicker's and Tacos Del Rey.) Plans are in review with ARB. Aloft Hotel: CityPark Deck of hotel to be built on piers and sit over Northern corner of retention pond. Plans are in review with ARB. Centrum Properties: (SW corner at Rt 22 and Milwaukee Ave) In very initial planning stages. Centrum is planning a lifestyle center or approximately 300,000+sq ft. Tentatively planning for 4 sit down restaurants along Milwaukee Ave, 24 hour health club, possible live theater (independent film, comedy theater?), hotel, retail. Possible 3 or 4 buildings with plaza, retail on lower levels, offices on upper levels, bulk of parking on decks behind buildings. Buildings to be 4-4.5 stories high. Village Board is looking for "an award winning project" "needs to be unique and different." Possible 1 year away from Village approval. SE Corner of Rt 22 & Milwaukee Ave: Plans on hold. Retail and/or bank were being planned. Traffic Signal at Sedgebrook/Lincolnshire Commons: Sign to be installed by IDOT without further delay. Office Space Locations: CityPark Office Building JTS Architects Building Lincolnshire Corporate Center Protected Tomorrows Office Space Spectrum Center Tri-State International Village Green Offices Go Green Local Resources: Pass On Your PC: www.passonyourpc.com Leasing and training on newly refurbished computers. Sold Waste Management of Lake County: www.swalco.org County organization. Please contact us with any additional resources in the area. Government Affairs Legislative News Updates "The House and Senate released the session schedule for the 2008 session. Both the House and Senate are scheduled to return on January 9th and 10th, but will not return again until February 13th. The session calendar indicates that the scheduled adjournment date is May 29th." Source: Illinois Chamber of Commerce "The Lake County Board approved the Fiscal Year 2008 Budget at its regular meeting on November 13, 2007. The total budget is $450,022,261. While this represents an increase of 5.86% from FY2007, citizens should be aware this includes revenue that is generated from other sources, not from local taxpayers - like state and federal grants for the health department. Also, the increase includes millions of dollars for one-time capital improvements using cash available in the County coffers." Source: Communications@co.lake.il.us Join Us In Advocating for Your Business Village of Lincolnshire Contact Information Lincolnshire Village Hall 1 Olde Half Day Road Phone: 847-883-8600 Village Manager - Robert Irvin Director of Community Development and Planning - Steve McNellis Member Business Toolkit Job Bank Member Buyer's Club Request Demographic Detail: Community Profile Detail 5, 10 & 15 mile Radius Demographics Consumer Expenditure Reports Request Mailing Labels: GLCC Members All Lincolnshire Businesses New Residents Request Updated Local Media Contact List Resources for Business from the VAPLD See events and programs for networking opportunities. See opportunities for business exposure and sponsorship. SCORE Business Counseling: call 847-793-2409 to schedule appointment. Certificates of Origin: Free to members, call 847-793-2409 for information. Call the Chamber office with other requests for specific information.