Restaurants

Skokie, IL Restaurants for Sale

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Evanston, IL Lincolnwood, IL Chicago, IL
Skokie Retail Plaza Opportunity
Updated: Apr 14
Skokie Retail Plaza Opportunity

3718-3724 Dempster Street, Skokie, IL 60076

$799,000
7,500 sqft · 0.27 AC lot
Significant upside potential due to 3,500 Sq. ft. of vacant space, ideal for owner‑user or investors.
Strategically located in Skokie, minutes from Evanston, with excellent access to I‑90, I‑94, and I‑294.
Opportunity to acquire an operating restaurant within the plaza.
Below‑market rents provide substantial upside potential for increased income.
High visibility and accessibility in a well‑established commercial corridor.
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Pizza Restaurant with Included Equipment
Updated: Apr 16
Pizza Restaurant with Included Equipment

4849 W Oakton Street, Skokie, IL 60077

$59,000
Approx. 1,000 SF pizza restaurant space
Monthly rent of $3,500; lease expires May 15, 2029
Lease includes 2 (five) year options to renew
Some equipment included
Construction materials: concrete; central air cooling
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Skokie Boulevard Retail Property
Skokie Boulevard Retail Property

8337 Skokie Boulevard, Skokie, IL 60077

$379,999

Retail property with two stores and parking in rear.

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Turnkey Restaurant Space Near Expressway
Turnkey Restaurant Space Near Expressway

5203 Old Orchard Rd, Skokie, IL

Contact for pricing
6,895 sqft · 0.17 AC lot

Restaurant space in turnkey condition near Old Orchard and Edens Expressway.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Skokie, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Freestanding Restaurant
Turnkey Freestanding Restaurant

6045 N Cicero Avenue, Chicago, IL 60646

$147,000
0.16 AC lot

Fully built-out restaurant with newer kitchen equipment, walk-in refrigeration, and outside seating on a high-traffic corner.

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Multi-Section Restaurant Property
Multi-Section Restaurant Property

2723-2729 W Howard Avenue, Chicago, IL 60645

$1,199,000
0.41 AC lot

Multi-tenant restaurant building with a gazebo/patio and designated parking across the street for day-to-day customer convenience.

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Evanston Restaurant and Brewery Space
Evanston Restaurant and Brewery Space

1615 Oak Ave, Evanston, IL 60201

Contact for pricing
12,000 sqft

Turn-key restaurant and brewery in downtown Evanston with prime location.

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Turn-Key Cafe Opportunity
Turn-Key Cafe Opportunity

7555 N California Ave, Chicago, IL 60645

$850,000
1,640 sqft

Cafe available for new ownership at California and Howard.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lincoln Park Vacant Land Opportunity
Lincoln Park Vacant Land Opportunity

1905 W Fullerton Avenue, Chicago, IL 60614

$399,900

Vacant land near Elston/Fullerton/Damen corridor, Lincoln Park/Bucktown border.

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Melrose Park Land For Sale
Melrose Park Land For Sale

2305 N Mannheim Road, Melrose Park, IL 60164

$1,100,000

Commercial land available in Melrose Park, Illinois.

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Land Near Eisenhower Expressway
Land Near Eisenhower Expressway

3159 W Madison Street, Chicago, IL 60612

$250,000
0.22 AC lot

Commercial land available near public transportation in Chicago, Illinois.

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Vacant Lot in Chicago
Vacant Lot in Chicago

3153 W Madison Street, Chicago, IL 60612

$125,000
0.11 AC lot

Development opportunity in East Garfield Park near Madison Street.

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Off-Market Properties in Skokie, IL

Consider similar Off-Market properties in Skokie, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4020 Golf Rd
Restaurants

4020 Golf Rd, Skokie, IL 60076

Value Estimation by Request
750 sqft
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5203 Old Orchard Rd
Restaurants

5203 Old Orchard Rd, Skokie, IL 60077

Value Estimation by Request
7,750 sqft
View details

Skokie, IL Restaurants Market Trends and Statistics

Explore 6 restaurants for sale in Skokie, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 26,244 square feet of properties for sale, with an estimated market value of $4,799,000.

Sale prices for restaurant properties in Skokie, IL start at $799,000, averaging $2,399,500, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Conventional restaurants 1
Turn key restaurants 1

Demographics Overview

Population 62K
Population Growth (5Y) +2.3%
Median Household Income $93,128
College Educated 67.6%

High-Yield Neighborhoods for Investment

Identify Skokie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60077 $219.5K
60076 $799K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Skokie fall within the 25,000 to 50,000 square foot range.

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