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    4820 Searle Pkwy Skokie, IL 60077

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    For Lease
    $6 SF/Yr

    53,957 SF warehouse space available for lease in Skokie.

    Property size:
    53,957 SF
    Lot size:
    0.70 Acres

    Property Features for 4820 Searle Pkwy

    General Information

    Size
    53,957 SF
    Lot size
    0.70 Acres

    Source: Cushman & Wakefield | Rosemont Agent Brett Kroner

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

    Overview

    Skokie Warehouse with Air Conditioning

    This 53,957 square foot warehouse property is available for lease in Skokie, Illinois. The property is fully air conditioned and features new roof top units. Drive-in doors can potentially be added. The asking lease rate is $6.25 per square foot net. The property is suitable for warehouse and industrial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    P S Greeting ... Greeting Card Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Anywhere Moving and Storage, Public Storage, Climate Controlled, UR Choise Movers Moving Company

    Location Insight

    • Map
    • Local Demand
    City
    Skokie
    County
    Cook
    State
    Illinois
    Longitude
    -87.7491861
    Latitude
    42.0304458

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    FAQs

    What type of property is this?
    Warehouse - 53,957 SF warehouse space available for lease in Skokie.
    Where is this warehouse located?
    The property is located at 4820 Searle Pkwy Skokie, IL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Asking Lease Rate: $6.25/SF Net; - Asking Sale Price: STO; - Fully Air Conditioned
    (312) 424-8057
    Request Owner's contact information
    4820 Searle Pkwy Skokie, IL 60077
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    Skokie, IL 60077
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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
    4820 Searle Pkwy Skokie, IL 60077
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