332 Skokie Valley Rd Highland Park, IL 60035
- Retail space
- 10,500 SF
- 0.93 lot acres
Current Use by Public Records
- Jimmy John's / Takeout Restaurant / Caterer
- North Star Benefits / Insurance Broker / Financial Consultant
- Bahuguna Bulbul MD / Psychiatrist
- Grins Pediatric Dentistry / Pediatric Dentist
- SilverPepper: Hedge Funds For The Rest Of Us. / Investment Company
Property Details for 332 Skokie Valley Rd
- Year built
- 2007
- Construction
- BRICK
- Lot size
- 0.93 lot acres
- Property size
- 10,500 SF
- Property type
- Retail space
- APN
- 16-35-305-059
- APU
- 1635305059
Description
This exceptional retail opportunity is located at 332 Skokie Valley Road in Highland Park, Illinois, zip code 60035, within Lake County. The property features endcap and inline units available in a newer construction, high-visibility mixed-use center. Units range from 1,470 to 1,950 square feet, ideal for a variety of restaurant or medical uses. The building is a two-story structure, offering excellent visibility and accessibility. Its prime location boasts immediate proximity to a major highway and is just two blocks from the Northbrook Mall, ensuring high foot traffic and exposure to a large customer base. The surrounding area is densely populated with premium retail establishments and residential neighborhoods, creating a strong and established market. The property offers multiple entrances for convenient access, abundant parking for customers and employees, and the opportunity for large monument signage to enhance brand visibility. This is a rare opportunity to secure a highly desirable retail space in a thriving location. The property is situated at 42.158644 latitude and -87.806954 longitude.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,860,000
- ML approach
- $1,790,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,790,000
- 6.5%
- $1,650,000
- 7%
- $1,535,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,424,000
Market price range: $489k - $2.29M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,335,000 Current use
- COMMERCIAL (GENERAL)
- $1,905,000 Change: +43% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,835,000 Change: +37% Conversion: Difficult
- RESTAURANT
- $1,790,000 Change: +34% Conversion: Easy
- OFFICE BUILDING
- $1,270,000 Change: -5% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,175,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Highland Park
- County
- Lake
- State
- Illinois
- Longitude
- -87.8069
- Latitude
- 42.1589
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
