10070 Lockwood Ave Skokie, IL 60077
- Commercial real estate
- 2.52 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 10070 Lockwood Ave
- Lot size
- 2.52 lot acres
- Property type
- Commercial real estate
- APN
- 10-09-100-008-0000
Description
This exceptional 2.52-acre land parcel presents a remarkable development opportunity in Skokie, Illinois. Located at 10070 Lockwood Ave, Cook County, zip code 60077, this property boasts a highly desirable OR (Office Research) zoning designation. This zoning allows for the development of business and professional offices, higher-intensity multi-family residential, and mixed-use residential projects, all within a planned park-like setting. The site's strategic location offers unparalleled access to major transportation arteries, including the I-94 (Edens Expressway) and Old Orchard Road interchange, ensuring convenient commutes for residents and employees. Its proximity to the vibrant Old Orchard Mall, with over 140 stores and restaurants, provides immediate access to a wealth of amenities. The property enjoys a prestigious setting, nestled between a substantial Life Time Fitness center (108,000 square feet) and the impressive Old Orchard Towers (395,000 square feet of twin office/medical towers with an attached garage). Surrounded by Class A office buildings and hotels, this location offers an unparalleled blend of convenience, prestige, and development potential. The property's APN is 10-09-100-008-0000. Given the unique character of this district and its proximity to key infrastructure and amenities, site plan approval is required. The asking price for this exceptional development opportunity is $2,050,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Skokie
- County
- Cook
- State
- Illinois
- Longitude
- -87.758714346535
- Latitude
- 42.062588304532
