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    5201-5237 Touhy Ave Skokie, IL 60077

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    For Lease
    Contact for pricing

    Retail spaces available in Skokie, high-traffic location.

    Property size:
    3,450 SF
    Lot size:
    1.38 Acres

    Property Features for 5201-5237 Touhy Ave

    General Information

    Size
    3,450 SF
    Lot size
    1.38 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Brendan Reedy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Touhy Avenue

    This retail property offers spaces ranging from 1,250 to 2,000 square feet within a larger complex totaling 16,940 square feet. The location benefits from high visibility, situated immediately west of the Edens Expressway (94), which sees over 150,000 vehicles per day. Touhy Avenue itself experiences approximately 41,000 vehicles daily. The property features a signalized intersection and three access points. The surrounding area boasts an average household income of $115,000 within a 1-mile radius and a residential population exceeding 700,000 within a 5-mile radius.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Skokie
    County
    Cook
    State
    Illinois
    Longitude
    -87.7579665
    Latitude
    42.0115762

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    FAQs

    What type of property is this?
    Strip mall - Retail spaces available in Skokie, high-traffic location.
    Where is this strip mall located?
    The property is located at 5201-5237 Touhy Ave Skokie, IL.
    What are key features of this property?
    This property features: - High Traffic Location: Over 150,000 vehicles per day on Edens Expy (94) and 41,000 vehicles per day on Touhy Ave.; - High Household Income: $115,000 average household income within 1-mile radius.; - Large Population Density: Over 700,000 residents within a 5-mile radius.
    (630) 954-7327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5201-5237 Touhy Ave Skokie, IL 60077
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