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Skokie Retail Property on Touhy
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5222 W Touhy Ave, Skokie, IL

NNN leased retail property in Skokie with high traffic.

Property Size2,004 SF
Lot Size2.91 Acres
Price / SF$1,188
Days on Market559

Property Features for 5222 W Touhy Ave

General Information

Standard status Active
Size 2,004 SF
Lot size 2.91 Acres
Property subtype RETAIL

Properties For Sale

at 5222 W Touhy Ave Contact us

W Touhy Ave - Outlot

Floor
1
Size
2,000 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Outlot & Inline Space Available: - 4,000 SF Endcap - 2,000 SF Outlot - Pylon Signage -...
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Listing Agency: Metro Commercial Real Estate - Corporate
Listed By: Robert Melsher · License #10401235016
Source: Moodyscre
Added: Jan 30, 2025 Changed: Aug 8 Last Checked: Aug 12 at 6:19AM

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 Metro Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

This retail property is located on Touhy Avenue in Skokie, Illinois, within the third largest metro in the United States. The property benefits from high traffic volume, with approximately 38,000 vehicles per day. It is surrounded by major national retailers, including Target, Costco, Walmart, Dick’s Sporting Goods, and Best Buy. The property is suitable for investors seeking stable, passive income from a management-free asset, making it an ideal 1031 exchange opportunity. The surrounding area has strong suburban demographics, with approximately 175,000 people residing within a 3-mile radius and average household incomes of $137,850 within a 1-mile radius. The property is subject to a new 20-year lease. The tenant is responsible for all repairs and maintenance during the lease term, and the rental payments are absolute net to the Landlord. The property contains 2,004 square feet.

Key Highlights

  • High‑income demographics: $137,850 average household income within a 1‑mile radius.
  • New 20‑year absolute net lease: Tenant responsible for all repairs and maintenance.
  • Ideal 1031 exchange opportunity: Management‑free asset providing stable passive income.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Auto Repair Shop Spa & Massage Center Building Supply

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

938
Businesses Nearby
435k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 37% Shops & Services 17% Dining 17% Groceries 13%
Walmart Superstores
161,372 visits/mo 0.5 miles
Jewel-Osco Groceries
58,038 visits/mo 0.5 miles
AMC Village Crossing 18 Leisure
56,608 visits/mo 0.4 miles
Michaels Shops & Services
33,744 visits/mo 0.4 miles
Dunkin' Donuts Dining
24,437 visits/mo 0.2 miles

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?
Retail space - NNN leased retail property in Skokie with high traffic.
Where is this retail space located?
The property is located at 5222 W Touhy Ave Skokie, IL.
What is the asking price?
The asking price for this property is $2,380,952.
What are key features of this property?
This property features: High‑income demographics: $137,850 average household income within a 1‑mile radius.; New 20‑year absolute net lease: Tenant responsible for all repairs and maintenance.; Ideal 1031 exchange opportunity: Management‑free asset providing stable passive income.
(847) 412-9898 Call to check price and availability
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