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Medical-Anchored Office Building
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40 Skokie Blvd, Northbrook, IL 60062

Large office property with medical-oriented tenancy, contiguous suites, and direct I-94 exposure at a signalized intersection.

Property Size108,278 SF
Lot Size4.86 Acres
Days on Market5

Property Features for 40 Skokie Blvd

General Information

Standard status Active
Size 108,278 SF
Lot size 4.86 Acres
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 108,278 SF
Tenancy Multi
Listing Agency: Northmarq | Chicago (East Wacker Dr)
Listed By: Blaise Bennett · License #471019332
Source: Moodyscre
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 9 at 8:18AM

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 Northmarq | Chicago (East Wacker Dr)

Investment Insights

Based on property information with market context.

The property comprises a 108,278-square-foot office building on 4.86 acres, with a medical-anchored tenant mix and contiguous suites available for an owner-user. Huntington Bank occupies an anchor position representing approximately 10% of GLA under a new long-term lease. The existing tenancy supports a range of professional and medical office uses within a substantial commercial building.

Positioned at the signalized intersection of Lake Cook Road and Skokie Boulevard, the property has direct exposure to I-94 and reported traffic of 57,370 VPD. The address is 40 Skokie Blvd, Northbrook, IL 60062. Household income averages more than $211,000 within 1 mile and more than $257,000 within 3 miles.

Key Highlights

  • 108,278 SF office building on 4.86 acres
  • Medical‑anchored tenant mix with contiguous suites available
  • Signalized corner at Lake Cook & Skokie Blvd

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Hair Salon Law Firm Spa & Massage Center Nail Salon Food Market

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,565
Businesses Nearby

Demographics for 60062, IL

42,751
Population
17,892
Households
2.4
Avg Household Size
48
Median Age
71%
College-Educated
96%
High-School Grad
18.9 sq mi
ZIP Area
2,262
Density / Sq Mi
$142,759
Median Household Income
$77,188
Median Earnings
$1,921
Median Rent
$625,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Large office property with medical-oriented tenancy, contiguous suites, and direct I-94 exposure at a signalized intersection.
Where is this office building located?
The property is located at 40 Skokie Blvd Northbrook, IL.
What are key features of this property?
This property features: 108,278 SF office building on 4.86 acres; Medical‑anchored tenant mix with contiguous suites available; Signalized corner at Lake Cook & Skokie Blvd
(312) 777-2437 Call to check price and availability
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