This exceptional two-story, 17,500 square foot Class B office building, located at 210 Skokie Valley Rd, Highland Park, IL 60035, presents a compelling investment opportunity. The property, renovated in 2016 and boasting a modified lease structure, features 13 commercial units occupied by a diverse range of tenants, ensuring a strong cash flow. The building includes a recently modernized elevator, ample parking (including heated garage, covered, and uncovered spaces), and is ADA compliant. Significant improvements were made in 2021, including new landscaping and common area enhancements. Second-floor units offer the added comfort of heated floors, and both the parking area and second floor are equipped with sprinkler systems. The building enjoys a highly visible location with easy access to Route 41 and I-94, benefiting from nearly 20,000 vehicles passing daily. A Pace Bus route (471) serves the property, providing convenient access to the Highland Park Metra Station. The surrounding area offers numerous dining options and amenities, including a LA Fitness across the street and several golf clubs within a mile. The property is situated in a thriving community with a population of 131,900 within a 5-mile radius, boasting a high average household income of $174,462 and significant consumer spending. This demographic is highly educated, with over 84% holding college degrees and 35% possessing advanced degrees. The asking price is $2,100,000, translating to $120 per square foot. This multi-tenant property offers a unique blend of medical and executive office space, making it an ideal investment for discerning buyers. The permitted zoning is commercial.
Highlights
High visibility location with nearly 20,000 vehicles passing daily.
Convenient access via Pace Bus #471, connecting to the Highland Park Metra Station.
Numerous dining options within walking distance.
LA Fitness located directly across the street.
Multiple golf clubs within one mile.
Thriving community with a 5-mile radius population of 131,900, 48,882 households, and a $2.3B consumer spending base.
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Contacts
Theron May
Wayne Shulman
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210 Skokie Valley Rd, Highland Park, Illinois, 60035
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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210 Skokie Valley Rd
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