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    Renovated School-to-Use Building
    Updated: Jun 17
    Renovated School-to-Use Building

    5440 Fargo Ave., Skokie, IL 60077

    $1,495,000
    24,100 sqft
    24,100 SF single‑story building renovated in 2004 for office, classroom, and warehouse space
    Former technical school layout includes classrooms ranging from 750 SF to 2,500 SF
    Flexible space mix for office, classroom, or warehouse use based on the 2004 renovation
    Located in a business park between Howard and Touhy Ave., just west of the Edens Expressway
    Access includes proximity to I‑94 and Touhy Ave.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Skokie, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Driving School and Residential Apartment
    Driving School and Residential Apartment

    9011 Grand Avenue, River Grove, IL 60171

    $419,000
    0.07 AC lot

    Long-running driving school operation with a renovated two-bedroom, one-bath apartment and covered outdoor space.

    View details
    Multi-Story Educational Facility
    Multi-Story Educational Facility

    2989 North Milwaukee Avenue, Chicago, IL 60618

    Contact for pricing
    80,471 sqft 1.04 AC lot

    Newer, four-story school-ready building with parking, kitchen and gymnasium spaces, delivered vacant for immediate occupancy.

    View details
    Chicago School Building and Land
    Chicago School Building and Land

    819 & 831-847 N. Leamington Avenue, Chicago, IL 60651

    $1,250,000
    27,500 sqft 0.63 AC lot

    School building with land in Chicago's Austin neighborhood.

    View details
    Specialty School Property For Sale
    Specialty School Property For Sale

    9011 Grand Avenue, River Grove, IL 60171

    $419,000

    For sale specialty school property with convenient drive-up access via Grand Avenue and nearby side-street parking.

    View details

    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.

    Cantera Business Park Land Opportunity
    Cantera Business Park Land Opportunity

    28301 Ferry Rd, Warrenville, IL 60555

    $9,250,000
    161,209 sqft 19.00 AC lot

    19-acre site in Cantera Business Park, Warrenville, IL.

    View details
    Land in Tinley Park, IL
    Land in Tinley Park, IL

    16750 Harlem Avenue, Tinley Park, IL 60477

    $599,000
    1.01 AC lot

    Commercial land available for sale in Tinley Park, Illinois.

    View details
    Cross Plains Land Opportunity
    Cross Plains Land Opportunity

    L12 Lindale Drive lot: 12, Cross Plains, WI 53528

    $179,900
    0.32 AC lot

    Land for sale in proposed golf course community.

    View details
    Corner Lot on Shelbyville Road
    Corner Lot on Shelbyville Road

    5133 Gray Road, Indianapolis, IN 46237

    $1,350,000
    8.21 AC lot

    Large corner lot suitable for various developments with approvals.

    View details

    Skokie, IL Schools Market Trends and Statistics

    Explore 1 schools for sale in Skokie, IL on our real estate platform. These investment opportunities span a total of 24,100 square feet of properties for sale, with an estimated market value of $1,495,000.

    Sale prices for school buildings & campuses in Skokie, IL start at $1,495,000, averaging $1,495,000, and reaching up to $1,495,000 — 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

    1031 exchange properties 2
    NNN properties 2
    Schools 2
    Churches & religious facilities 1

    Demographics Overview

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

    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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