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    Skokie, IL
    1031 Exchange

    Skokie, IL 1031 Exchange Properties for Sale

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    Skokie Retail Property on Touhy
    Updated: Jan 30, 2025
    Skokie Retail Property on Touhy

    5222 W Touhy Ave, Skokie, IL

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    2,004 sqft 2.91 AC lot
    High‑income demographics: $137,850 average household income within a 1‑mile radius.
    New 20‑year absolute net lease: Tenant responsible for all repairs and maintenance.
    Ideal 1031 exchange opportunity: Management‑free asset providing stable passive income.
    Prime location: Surrounded by major national retailers (Target, Costco, Walmart, etc.).
    High traffic volume: 38,000 vehicles per day on Touhy Avenue.
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    Skokie NNN Investment Property
    Updated: May 15, 2025
    Skokie NNN Investment Property

    5834 Howard Street, Skokie, IL 60077

    $875,000
    8.8 Cap Rate
    NNN Investment Property
    Perfect 1031 Exchange Candidate
    4850sf Building
    Single Tenant Occupancy
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Skokie, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Storefront Brick Retail Building
    Three-Storefront Brick Retail Building

    5052 W Irving Park Road, Chicago, IL 60641

    $608,800
    0.20 AC lot

    Fully rented commercial property with central air, concrete flooring, and a durable brick exterior.

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    NNN Industrial Property with Drive-In Doors
    NNN Industrial Property with Drive-In Doors

    26w287 Saint Charles Road, Carol Stream, IL 60188

    $999,000
    0.57 AC lot

    Two-story commercial building with office, storage, laundry, and expansive service-area functionality.

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    NNN Property With Warehouse
    NNN Property With Warehouse

    26w321 Saint Charles Road, Carol Stream, IL 60188

    $899,000
    0.64 AC lot

    Brick commercial building with office accommodations, warehouse space, and two overhead drive-in doors on a sizable parcel.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    163 W Division Street, Chicago, IL 60610

    $3,275,000
    0.34 AC lot

    Five furnished condominium residences accompany two street-level commercial condominium spaces and an operating sit-in and takeout restaurant.

    View details

    Skokie, IL 1031 Exchange Properties Market Trends and Statistics

    Explore 2 1031 exchange properties for sale in Skokie, IL on our real estate platform. These investment opportunities span a total of 2,004 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for 1031 exchange properties in Skokie, IL average $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Schools 3
    1031 exchange properties 2
    NNN properties 2
    Churches & religious facilities 1

    Demographics Overview

    Population 62K
    Population Growth (5Y) +2.3%
    Median Household Income $93,128
    College Educated 67.6%

    High-Yield Neighborhoods for Investment

    Identify Skokie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60077 $875K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Skokie fall within the 25,000 to 50,000 square foot range.

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