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Two-Tenant Retail Property
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Pending

5526 Touhy Ave, Skokie, IL 60077

Retail property with an available unit and flexible use restrictions.

Property Size6,150 SF
Days on Market140

Property Features for 5526 Touhy Ave

General Information

Standard status Pending
Size 6,150 SF
Property subtype Retail
Occupancy 58%

Site & Location

Traffic Count 33,400 vehicles/day
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: CBRE - Oak Brook
Listed By: Adam Foret · License #IL 475160621
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:31PM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

This 6,150-square-foot retail property contains two tenant spaces and is currently 58.2% occupied. A 2,570-square-foot unit is vacant and was previously used as a restaurant, with flexible use restrictions and limited landlord work indicated. The configuration provides a combination of existing occupancy and available retail space within one building.

Located at 5526 Touhy Ave in Skokie, the property has direct access to Touhy Avenue, which carries 33,400 vehicles per day. The site is approximately 16 miles from Chicago’s Central Business District and sits within a retail corridor near major shopping destinations. Village Crossing Shopping Center, a 722,000-square-foot center anchored by Jewel-Osco, Dick’s Sporting Goods, AMC Theatres, Best Buy, Five Below, Michaels, OfficeMax, PetSmart, and Barnes & Noble, is directly south. Pointe Plaza, totaling 325,700 square feet and anchored by Walmart, Fresh Farms, Ross Dress for Less, and dd’s DISCOUNTS, is west of the property.

Key Highlights

  • 6,150‑square‑foot two‑tenant retail property
  • 58.2% occupied with a 2,570‑square‑foot vacant unit
  • Former restaurant space with flexible use restrictions

Property Analytics

Current Use

Bank of Hope Bank 뱅크 오브 홉프 Bank

Suggested Use

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

33,400 VPD
Traffic count
58.2%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby
571k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 28% Shops & Services 21% Dining 14% Apparel 12%
Walmart Superstores
161,372 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
63,753 visits/mo 0.3 miles
Jewel-Osco Groceries
58,038 visits/mo 0.2 miles
AMC Village Crossing 18 Leisure
56,608 visits/mo 0.3 miles
Michaels Shops & Services
33,744 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property with an available unit and flexible use restrictions.
Where is this retail space located?
The property is located at 5526 Touhy Ave Skokie, IL.
What are key features of this property?
This property features: 6,150‑square‑foot two‑tenant retail property; 58.2% occupied with a 2,570‑square‑foot vacant unit; Former restaurant space with flexible use restrictions
More about this property
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