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Redevelopment Retail Site with Building
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260 Skokie Valley Road, Highland Park, IL 60035

Approximate 23,255 SF land site with a 4,356 SF retail building, currently leased through May 2019.

Property Size4,356 SF
Lot Size0.53 Acres
Days on Market146

Property Features for 260 Skokie Valley Road

General Information

Standard status Active
Size 4,356 SF
Lot size 0.53 Acres
Property subtype Retail, Land

Additional Details

Highway Access Yes
Listing Agency: SVN Chicago Commercial
Listed By: Wayne Caplan · License #IL 475132248
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 1:03PM

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 SVN Chicago Commercial

Investment Insights

Based on property information with market context.

The property is a redevelopment opportunity featuring an approximate 23,255 SF land site with an existing 4,356 SF commercial building. The building is currently leased through May 2019, providing existing income during the transition. The offering notes a current NOI of $74,098.

The site is located across from Crossroads Shopping Center in Highland Park, IL, with convenient access to major thoroughfares including US 41, Skokie Highway, I-94, and Lake Cook Road. It is also described as adjacent to national retail tenants and nearby office properties that generate daytime traffic.

Key Highlights

  • Approx. 23,255 SF land site with a 4,356 SF commercial retail building
  • Building is currently leased through May 2019, with current NOI of $74,098
  • Located across from Crossroads Shopping Center in Highland Park, IL

Property Analytics

Current Use

BlueSky Tire and Auto ... Auto Repair Shop Mums Cabbage & Kale Garden Center AOS Truck Service Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store HVAC Service Storage Facility

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

956
Businesses Nearby
95k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Groceries 23% Dining 8% Beauty & Spa 3%
Thorntons Shops & Services
27,034 visits/mo 0.4 miles
Binny's Beverage Depot Groceries
22,048 visits/mo 0.2 miles
Shell Shops & Services
15,018 visits/mo 0.4 miles
Chase Bank Shops & Services
7,805 visits/mo 0.0 miles
Burger King Dining
7,499 visits/mo 0.3 miles

Demographics for 60035, IL

30,152
Population
12,376
Households
2.4
Avg Household Size
47
Median Age
76%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
2,374
Density / Sq Mi
$161,811
Median Household Income
$78,658
Median Earnings
$1,903
Median Rent
$594,600
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?
Commercial land - Approximate 23,255 SF land site with a 4,356 SF retail building, currently leased through May 2019.
Where is this commercial land located?
The property is located at 260 Skokie Valley Road Highland Park, IL.
What are key features of this property?
This property features: Approx. 23,255 SF land site with a 4,356 SF commercial retail building; Building is currently leased through May 2019, with current NOI of $74,098; Located across from Crossroads Shopping Center in Highland Park, IL
(312) 676-1866 Call to check price and availability
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