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    Property profile & analytics

    2063 Skokie Vly Rd Highland Park, IL 60035-1728

    • Turn key restaurants
    • 5,354 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    $1,950,000
    Last Sale
    Sep 16, 2021
    $1,750,000
    Location Intelligence
    Property ID
    US28-1876932
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Burger Den / Restaurant
    • Denny's / American Restaurant / Breakfast Restaurant

    Property Details for 2063 Skokie Vly Rd

    Year built
    1970
    Construction
    BRICK
    Lot size
    1.22 lot acres
    Property size
    5,354 SF
    Property type
    Turn key restaurants
    APN
    16-22-104-011
    APU
    1622104011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,995,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,950,000
      6.5%
      $1,750,000
      7%
      $1,915,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,940,000
      Geo Method
      $1,600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,570,000
      Retail
      $1,575,000
      Mixed-Use
      $2,055,000
      Hospitality
      $2,120,000
      Educational
      $2,140,000
      Residential Income
      $1,935,000
      Energy
      $1,620,000
      Income-Based Land
      $1,875,000
      Food Service
      $1,930,000

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.8257
    Latitude
    42.1906
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $37,584
    $300,576
    $97,494
    $398,070
    -
    $901,818
    $292,511
    $1,194,329

    Comparable in this City

    • Value Estimation
      $690,000
      2,822 SF

      2560 Skokie Vly Rd

      RESTAURANT • 2,822 SF
      2560 Skokie Vly Rd, Highland Park, IL 60035-1739
      View Details
    • Value Estimation by Request
      3,394 SF

      1853 2nd St

      RESTAURANT • 3,394 SF
      1853 2nd St, Highland Park, IL 60035-3113
      View Details
    • Value Estimation
      $660,000
      3,271 SF

      592 Roger Williams Ave

      RESTAURANT • 3,271 SF
      592 Roger Williams Ave, Highland Park, IL 60035-4816
      View Details
    • Value Estimation by Request
      2,416 SF

      455 Central Ave

      RESTAURANT • 2,416 SF
      455 Central Ave, Highland Park, IL 60035-2622
      View Details
    • Value Estimation
      $600,000
      1,932 SF

      1996 2nd St

      RESTAURANT • 1,932 SF
      1996 2nd St, Highland Park, IL 60035-3116
      View Details
    • Value Estimation by Request
      2,251 SF

      2069 Grn Bay Rd

      RESTAURANT • 2,251 SF
      2069 Grn Bay Rd, Highland Park, IL 60035-2562
      View Details

    Similar Nearby for Sale

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      Prime location, high-traffic area, fully equipped tobacco business for sale.
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      41,204 SF

      Highland Park Industrial Campus

      Versatile commercial property, ideal for redevelopment.
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    Similar Nearby for Lease

    • $25 SF/Yr
      1,950 SF

      Highland Park Retail Space Available

      Prime Retail, Highway Access, 1,470-1,950 SF
      332 Skokie Valley Rd, Highland Park, IL 60035
      View Details
    • $18 SF/Yr
      17,000 SF

      Central Ave Highland Park Office

      Class A Office Suites, Downtown Location
      508 Central Ave, Highland Park, IL 60035
      View Details
    • $31 SF/Yr
      1,150 SF

      Retail Space with Existing Kitchen

      Storefront retail space with existing kitchen and washroom.
      1869 Sheridan Rd, Highland Park, IL 60035
      View Details
    • $24 SF/Yr
      6,450 SF

      Highland Park Retail Space Available

      Prime Retail Space, 6,450 SF Total
      490 Central Ave, Highland Park, IL 60035
      View Details
    • $9,000 /Mo
      2,750 SF

      Prime Retail Space on Central

      Storefront in Highland Park with high visibility and foot traffic.
      633-655 Central Ave, Highland Park, IL 60035
      View Details
    • Contact for pricing
      5,250 SF

      Park Avenue West Commons Retail Space

      High-visibility retail space, Highland Park.
      2060 Skokie Valley Rd, Highland Park, IL 60035
      View Details

    Property Visit Statistics

    • Visits by month
      8.7k
    • Visitors by month
      7.5k
    • Avg Time on site
      38 min
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    Highland Park, IL 60035-1728
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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
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