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5255 Golf Rd Skokie, IL 60077-1106

OFF-MARKET Retail space Google Maps
0.06 ac lot Built 1985
Individually Owned 6-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.21M
Range $1.09M – $1.33M (±10%)
Property ID US28-2729761

Property summary

AI-generated overview

This exceptional 10,000-square-foot executive office building is ideally situated at 5255 Golf Road in Skokie, Illinois, offering unparalleled visibility and accessibility. Boasting a prime location on Golf Road, which experiences a high daily traffic volume of 23,000 vehicles, this property ensures maximum exposure for your business. Its strategic placement provides direct access to I-94 and is conveniently located just west of the Westfield Old Orchard shopping mall, a major retail destination featuring over 150 stores, including Nordstrom, Macy's, and CMX Cinemas. The building itself features a well-designed layout encompassing over a dozen private offices, dedicated lab space, an IT room, a welcoming reception area, spacious open work areas, a convenient conference room, and a fully equipped kitchen. Ample parking is available with 32 spaces on-site. The property sits on a half-acre lot (approximately 21,600 square feet) and is zoned B-2. The 2023 property taxes totaled $53,146.05. The property's Parcel Identification Numbers (PINs) are 10-16-103-(001 through 005)-0000. Neighboring businesses include a diverse range of establishments, such as TeaRex Bubble Tea Café, Old Orchard Nissan, The Lock Up Self Storage, and Jiffy Lube. The asking price for this exceptional property is $1,399,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Lot 0.06 ac (2,700 SF)
APN 10-16-103-005
UPID US28-2729761

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Laboratory
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.21M

Owner & transaction history

since 2020
Last sale
$1.1M
5 recorded transactions
2020
$1.4M
2001
$725,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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