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    5220-5238 Touhy Ave Skokie, IL 60077

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    For Lease
    Contact for pricing

    Retail spaces available with high traffic and strong demographics.

    Property size:
    4,000 SF
    Lot size:
    2.91 Acres

    Property Features for 5220-5238 Touhy Ave

    General Information

    Size
    4,000 SF
    Lot size
    2.91 Acres

    Source: Metro Commercial Real Estate - Corporate Agent Robert Melsher

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

    Overview

    Retail Space on Touhy Avenue

    Retail spaces are available as outlots and inline spaces. Pylon signage is available. The location benefits from excellent access and road patterns. A dense population is present during both daytime and evening hours. The property is located in a high occupancy trade area with strong traffic counts, with 41,000 vehicles per day on Touhy Avenue. It is located 0.3 miles west of the I-94 and Touhy Avenue interchange. The property offers a barrier to market entry.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -87.7583353
    Latitude
    42.0124197

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available with high traffic and strong demographics.
    Where is this retail space located?
    The property is located at 5220-5238 Touhy Ave Skokie, IL.
    What are key features of this property?
    This property features: - High traffic counts (41k vpd on Touhy Ave); - Excellent access and road patterns; - Dense daytime and evening population
    (847) 412-9898
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    5220-5238 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
    5220-5238 Touhy Ave Skokie, IL 60077
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