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    5415-7151 Touhy Ave Skokie, IL 60077

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    For Lease
    Contact for pricing

    High-performing power center in Skokie, drawing from affluent suburbs.

    Property size:
    37,089 SF
    Lot size:
    24.51 Acres

    Property Features for 5415-7151 Touhy Ave

    General Information

    Size
    37,089 SF
    Lot size
    24.51 Acres

    Source: Stone Real Estate Corp. Agent Jason Gustaveson

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

    Overview

    Skokie Retail Space For Rent

    This retail space is located in one of the best performing power centers in the Chicago metro area. The center benefits from dynamic traffic generators and draws customers from well-educated, affluent suburbs including Park Ridge, Niles, Skokie, Morton Grove, and the northwest side of Chicago. The property offers 37089 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Skokie
    County
    Cook
    State
    Illinois
    Longitude
    -87.7642257
    Latitude
    42.0107546

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    FAQs

    What type of property is this?
    Strip mall - High-performing power center in Skokie, drawing from affluent suburbs.
    Where is this strip mall located?
    The property is located at 5415-7151 Touhy Ave Skokie, IL.
    What are key features of this property?
    This property features: - Located in a high-performing power center.; - Draws customers from affluent suburbs including Park Ridge, Niles, Skokie, and Morton Grove.; - Serves the northwest side of Chicago.
    (312) 372-6200
    Request Owner's contact information
    5415-7151 Touhy Ave 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
    5415-7151 Touhy Ave Skokie, IL 60077
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