5203 Old Orchard Rd, Skokie, IL 60077
This exceptional 7,750 square foot turnkey restaurant is ideally located in Skokie, Illinois, at 5203 Old Orchard Road, zip code 60077, in Cook County. Situated on the ground floor of a 225-room Hampton Inn and adjacent to a 140-room Extended Stay America hotel, this property benefits from high visibility and significant foot traffic. Its prime location offers direct access to the Edens Expressway via a full interchange and a convenient stoplight to the southbound ramp. The area boasts a thriving restaurant scene, with established successful businesses such as the Cheesecake Factory, Maggiano's, Hampton Social, and Uncle Julio's, recently joined by the Capital Grille and Bar Siena. This presents a unique opportunity for an owner/user or investor to acquire a fully operational restaurant in a high-demand location with strong existing infrastructure and a proven track record of success in the immediate vicinity. The property is available for sale or lease. Please note: Do not disturb the existing tenant.
-
Sweet Basil Cafe of Skokie Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.