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    2060 Skokie Valley Rd Highland Park, IL 60035

    For Lease
    Contact for pricing

    High-visibility retail space, Highland Park.

    Lot size:
    5,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located in the vibrant Highland Park submarket at Park Avenue West Commons. Currently, 2,216 square feet of space is immediately available, with a total of 5,250 square feet potentially available. The property boasts high visibility from Skokie Valley Road, a major thoroughfare with over 51,800 vehicles passing daily (VPD). Excellent signage opportunities are available across three pylon signs, ensuring maximum brand exposure. Access is convenient with multiple access points, including a traffic light at the intersection of Park Avenue West and Skokie Valley Road, enhancing customer accessibility. The center is home to a mix of service-oriented retail businesses catering to everyday needs. This location is ideal for a variety of retail uses, including salons, medical offices, dental practices, spas, and fast-casual food and beverage establishments. The surrounding area demonstrates strong demographics, with an average household income exceeding $210,490 within a five-mile radius, indicating significant consumer spending power. This prime retail space presents a unique chance to establish or expand a business in a thriving community.

    Property Features for 2060 Skokie Valley Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,250 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,250 SF

    HighLights

    • Retail space available in Highland Park submarket.
    • High visibility location on Skokie Valley Rd (51,800+ VPD) with prominent signage.
    • Excellent access and multiple access points, including a traffic signal at Park Ave West and Skokie Valley Rd.
    • Suitable for various retail uses, including salon, medical, dental, spa, and fast‑casual restaurants.
    • Strong demographics: $210,490 average household income within a 5‑mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Starbucks Internet Cafe

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.827574763917
    Latitude
    42.190755805301

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space, Highland Park.
    Where is this retail property located?
    The property is located at 2060 Skokie Valley Rd Highland Park, IL.
    What are key features of this property?
    This property features: Retail space available in Highland Park submarket.; High visibility location on Skokie Valley Rd (51,800+ VPD) with prominent signage.; Excellent access and multiple access points, including a traffic signal at Park Ave West and Skokie Valley Rd.
    Request Owner's contact information
    2060 Skokie Valley Rd Highland Park, IL 60035
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    Highland Park, IL 60035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2060 Skokie Valley Rd Highland Park, IL 60035
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