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    Property profile & analytics
    FOR LEASE
    Commercial land

    2060 Skokie Valley Rd, Highland Park, IL 60035

    0.3 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US28-4253868
    2060 Skokie Valley Rd, Highland Park, IL 60035 For Lease
    $3,680,000
    2060 Skokie Valley Rd, Highland Park, IL 60035
    View Listing →
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.3 ac (13,234 SF)
    APN 16-21-205-011
    UPID US28-4253868
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Starbucks Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.93M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.68M
    Owner & transaction history
    Home Skokie LLC · 3 yrs held
    Home Skokie LLC
    since 2022
    Last sale
    $3.5M
    5 recorded transactions
    2022
    $3.5M
    2020
    2019
    2018
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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