Listing Agency: Citadel Property Advisors

Listed By: Michael Havdala · License #IL Show Phone

Source: Crexi

Added: Sep 18 Changed: Sep 26 Last Checked: Sep 26 at 7:43AM

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Investment Insights

Based on property information with market context.

A restaurant property at 5203 Old Orchard Road in Skokie, Illinois, is available for sale.

Key Highlights

• Located at 5203 Old Orchard Road in Skokie, Illinois

Property Analytics

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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.

Location Intelligence

Trade Area within ½ mile

2,170

Businesses Nearby

131k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 43% Home Improvements & Furnishings 22% Apparel 18% Hotels & Casinos 8%

California Pizza Kitchen Dining

15,761 visits/mo 0.4 miles

Crate and Barrel Home Improvements & Furnishings

15,346 visits/mo 0.5 miles

Nando's PERi-PERi Dining

12,342 visits/mo 0.3 miles

The Capital Grille Dining

10,092 visits/mo 0.5 miles

Shake Shack Dining

9,996 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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The restaurant property is offered for sale in Skokie.

Where is this conventional restaurant located?

The property is located at 5203 Old Orchard Road Skokie, IL.

What are key features of this property?

This property features: Located at 5203 Old Orchard Road in Skokie, Illinois