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Skokie Shopping Center For Sale
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5220 W Touhy Ave, Skokie, IL 60077

38,940 SF shopping center in a high-density retail area.

Property Size38,940 SF
Lot Size2.53 Acres
Days on Market166

Property Features for 5220 W Touhy Ave

General Information

Standard status Active
Size 38,940 SF
Lot size 2.53 Acres
Property subtype Retail

Building Details

Stories 1
Listing Agency: Transwestern | Chicago
Listed By: Paul Barile
Source: Transwestern
Added: Mar 7 Changed: Aug 16 Last Checked: Aug 20 at 4:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Transwestern | Chicago

Investment Insights

Based on property information with market context.

Touhy Plaza is a 38,940 square foot shopping center located at 5220 West Touhy Avenue in Skokie, Illinois. Constructed in 1973 and remodeled in 2017, the property sits on 2.53 acres. The five-tenant neighborhood shopping center is anchored by Pep Boys and Advance Auto Parts, which account for 59% of the total occupancy. Two other tenants are national chains: Orangetheory Fitness and Skechers Warehouse Outlet. The fifth tenant is Qahwah House, a coffee shop with 20 locations. The center is 100% leased and located in a premier market with a history of strong tenant demand and sales. The surrounding area is heavily populated and affluent, with 729,675 people within a 5-mile radius and 2,130,455 people within a 10-mile radius. The average household income is $130,142 within 5 miles and $131,008 within 3 miles of the property. This property offers an investor the opportunity to own a retail asset situated in an infill, high-density retail sub-market in Chicago’s near northern suburbs.

Key Highlights

  • 100% leased shopping center in a premier, high‑density, affluent market.
  • Anchored by Pep Boys & Advance Auto Parts, representing 59% of total occupancy.
  • Located in an infill, high‑density retail sub‑market in Chicago’s near northern suburbs.

Property Analytics

Current Use

Pep Boys (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

938
Businesses Nearby
435k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 37% Shops & Services 17% Dining 17% Groceries 13%
Walmart Superstores
161,372 visits/mo 0.5 miles
Jewel-Osco Groceries
58,038 visits/mo 0.5 miles
AMC Village Crossing 18 Leisure
56,608 visits/mo 0.4 miles
Michaels Shops & Services
33,744 visits/mo 0.4 miles
Dunkin' Donuts Dining
24,437 visits/mo 0.2 miles

Demographics for 60077, IL

28,856
Population
11,317
Households
2.5
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
6,870
Density / Sq Mi
$80,765
Median Household Income
$40,996
Median Earnings
$1,450
Median Rent
$327,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - 38,940 SF shopping center in a high-density retail area.
Where is this shopping center located?
The property is located at 5220 W Touhy Ave Skokie, IL.
What are key features of this property?
This property features: 100% leased shopping center in a premier, high‑density, affluent market.; Anchored by Pep Boys & Advance Auto Parts, representing 59% of total occupancy.; Located in an infill, high‑density retail sub‑market in Chicago’s near northern suburbs.
More about this property
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