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Turnkey Restaurant Space
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5203 Old Orchard Rd, Skokie, IL 60077

Turnkey 6,895 SF restaurant space at a full interchange with Eden’s Expressway and stoplight access to the southbound ramp.

Property Size6,895 SF
Days on Market455

Property Features for 5203 Old Orchard Rd

General Information

Standard status Active
Size 6,895 SF
Property subtype RETAIL

Additional Details

Business Included No
Highway Access Yes
Listing Agency: Citadel Property Advisors
Listed By: Michael Havdala · License #471021025
Source: Moodyscre
Added: May 2, 2025 Changed: Jul 28 Last Checked: Jul 30 at 1:10PM

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 Citadel Property Advisors

Investment Insights

Based on property information with market context.

This +/- 6,895 SF restaurant space is available in turnkey condition, ready for immediate operation. The layout is located on the ground floor, with an arrangement positioned across Edens Expressway from Old Orchard.

The property sits at a full interchange with Eden’s Expressway, including a stoplight to the southbound ramp. It is also located next door to a 225-room Hampton Inn and adjacent to a 140-room Extended Stay America.

Confidentially, please do not disturb the existing tenant.

Key Highlights

  • ±6,895 SF restaurant space in turnkey condition
  • Located at a full interchange on Eden’s Expressway with a stoplight to the southbound ramp
  • On the ground floor of a 225‑room Hampton Inn

Property Analytics

Current Use

Sweet Basil Cafe ... Restaurant

Suggested Use

Top Pick Electrical Service Barber Shop Storage Facility Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,422
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Hampton Inn & Suites Hotels & Casinos
6,606 visits/mo 0.3 miles
Extended Stay America Hotels & Casinos
1,737 visits/mo 0.3 miles
Residence Inn Chicago Wilmette/Skokie Hotels & Casinos
1,701 visits/mo 0.4 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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey 6,895 SF restaurant space at a full interchange with Eden’s Expressway and stoplight access to the southbound ramp.
Where is this conventional restaurant located?
The property is located at 5203 Old Orchard Rd Skokie, IL.
What are key features of this property?
This property features: ±6,895 SF restaurant space in turnkey condition; Located at a full interchange on Eden’s Expressway with a stoplight to the southbound ramp; On the ground floor of a 225‑room Hampton Inn
(312) 312-9944 Call to check price and availability
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