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Skokie Development Site on Warren
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4956 Warren St, Skokie, IL 60077

Commercial/residential development site near CTA Yellow Line and shopping.

Property SizeContact for details
Lot Size0.62 Acres
Days on Market1584

Property Features for 4956 Warren St

General Information

Standard status Active
Lot size 0.62 Acres
Property subtype Land
Zoning CX
Listing Agency: @properties Commercial
Listed By: Mike Levin · License #IL
Source: Crexi
Added: Apr 23, 2022 Changed: Aug 8 Last Checked: Aug 8 at 11:16AM

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 @properties Commercial

Investment Insights

Based on property information with market context.

This infill commercial/residential development site is located on Warren Street in Skokie, near the intersections of Warren and Elmwood, and Warren and Niles Avenue. The site, which includes 4956-5006 Warren, features 200 square feet of frontage on Warren Street. The lot is improved with five residential properties: a two-flat and four single-family homes, along with four garages. The existing structures include a frame two-flat at 4956 Warren, frame single-family homes at 4958, 4960, and 5000 Warren, and a masonry Georgian at 5006 Warren. The lot measures 135.18 x 200, totaling 27,036 square feet. Zoned CX - Core Mixed Use, the site is suitable for commercial mixed-use apartment building construction. It is within walking distance of the CTA Yellow Line, bus routes, and shopping areas. Nearby retailers include Walgreens, Aldi, and Skokie Market Place on Oakton. The well-positioned developmental site offers a variety of opportunities. The final price is dependent on entitlements developers receive from the Village of Skokie.

Key Highlights

  • Prime infill development site ideal for commercial/residential mixed‑use development in Skokie.
  • Excellent location close to CTA Yellow Line, bus routes, and shopping areas.
  • High‑traffic area located near Warren and Elmwood and Warren and Niles Ave, with strong demographics and nearby retailers.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Catering Service Cosmetic Store Bakery Wine and Liquor 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.

Location Intelligence

Trade Area within ½ mile

1,401
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial/residential development site near CTA Yellow Line and shopping.
Where is this commercial land located?
The property is located at 4956 Warren St Skokie, IL.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Prime infill development site ideal for commercial/residential mixed‑use development in Skokie.; Excellent location close to CTA Yellow Line, bus routes, and shopping areas.; High‑traffic area located near Warren and Elmwood and Warren and Niles Ave, with strong demographics and nearby retailers.
(847) 977-5389 Call to check price and availability
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