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5202 Old Orchard Rd Skokie, IL 60077

Sponsored
For Lease
$1.00 SF/Yr ($14,166 /Mo)

Class A Office, Medical & Coworking

Lot size:
170,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Skokie, IL property, Old Orchard Towers, offers 170,000 square feet of prime office space across two Class A buildings. Located at 5202 Old Orchard Rd (North Tower), this multi-tenant property boasts a highly desirable North Shore location, convenient to the Edens Expressway (I-94). The buildings, constructed in 1987 and extensively renovated in 2022, feature 7 stories each, 7 elevators, and 1100 parking spaces in an attached 5-story structure. Units range from 1,500 to 120,000 contiguous square feet, with 120,000 square feet currently vacant. The property sits on 10 acres of land and is zoned commercial. Amenities include LEED Gold certification, full sprinkler systems, ADA compliance, and proximity to Life Time Fitness, Old Orchard Mall (with over 140 stores and restaurants), and Endeavor Health Skokie Hospital (NorthShore Hospital). The location is further enhanced by its proximity to four hotels with over 870 rooms. This versatile property is ideal for medical offices, traditional offices, coworking spaces, and executive suites. The property's strategic location and modern amenities make it an unparalleled opportunity in the competitive North Shore market. The property is easily accessible from I-94 and offers a variety of space options to suit diverse business needs.

Property Features for 5202 Old Orchard Rd

General Information

Property type
Restaurants
Lease Type
Gross Lease
RSF (Rentable sq. ft)
170,000 SF
Class
A
Total Rate
14166.67

Building Details

Year Built/Renovated
1987/2022
Buildings
2
Stories
7

Unit(s) available at that property

Space
Cafe
Size
1,674 SF
Rate per SF
$1.00
Space
350
Size
2,682 SF
Rate per SF
$27
Space
200
Size
5,002 SF
Rate per SF
$27
Space
205
Size
7,180 SF
Rate per SF
$27
Space
240
Size
500 SF
Rate per SF
$27
Space
210
Size
2,630 SF
Rate per SF
$27
Space
220
Size
2,207 SF
Rate per SF
$27
Space
300
Size
25,222 SF
Rate per SF
$27
Space
400
Size
25,178 SF
Rate per SF
$27
Space
500
Size
25,193 SF
Rate per SF
$27
Space
600
Size
25,383 SF
Rate per SF
$27
Space
700
Size
25,383 SF
Rate per SF
$27

HighLights

  • Excellent public transportation access via Pace and CTA bus routes (#442, #54‑A, #205) and proximity to CTA Purple Line, CTA Red Line, Metra Union Pacific, and Metra Milwaukee District North commuter rail lines.
  • Strategically located 17 miles north of Chicago's CBD, 13 miles northeast of O'Hare International Airport, and 7 miles south of Lake Cook Road.
  • High‑density population area: 366,417 residents within a 5‑mile radius, boasting an average household income of $130,464.
  • Proximity to Westfield Old Orchard Mall, a premier super‑regional mall featuring major anchors Macy's and Nordstrom, and numerous high‑end retailers including Louis Vuitton and Zara.
Property Profile Location Intelligence

Current Use by Public Records

Kaufman Hall Business Management Consultant Edwin L Feld ... Bankruptcy Attorney Zeller Realty Real Estate Agency Scheck & Siress: A Hanger ... Orthotics & Prosthetics Service Dr. Robert Shapiro Surgeon

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Skokie
County
Cook
State
Illinois
Longitude
-87.754951168008
Latitude
42.063238871678

FAQs

What type of property is this?
Restaurant - Class A Office, Medical & Coworking
Where is this restaurant located?
The property is located at 5202 Old Orchard Rd Skokie, IL.
What is the lease rate?
The lease rate is $1.00-$27 SF/Yr.
What are key features of this property?
This property features: Excellent public transportation access via Pace and CTA bus routes (#442, #54-A, #205) and proximity to CTA Purple Line, CTA Red Line, Metra Union Pacific, and Metra Milwaukee District North commuter rail lines.; Strategically located 17 miles north of Chicago's CBD, 13 miles northeast of O'Hare International Airport, and 7 miles south of Lake Cook Road.; High-density population area: 366,417 residents within a 5-mile radius, boasting an average household income of $130,464.
More about this property
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