For Sale
$2,050,000

10070 Lockwood AveSkokie, IL 60077

2.52 Acres, Prime Location, $2.05M

Overview

Added:
Dec 11, 2024
Days on market:
122
This exceptional 2.52-acre land parcel presents a remarkable development opportunity in Skokie, Illinois. Located at 10070 Lockwood Ave, Cook County, zip code 60077, this property boasts a highly desirable OR (Office Research) zoning designation. This zoning allows for the development of business and professional offices, higher-intensity multi-family residential, and mixed-use residential projects, all within a planned park-like setting. The site's strategic location offers unparalleled access to major transportation arteries, including the I-94 (Edens Expressway) and Old Orchard Road interchange, ensuring convenient commutes for residents and employees. Its proximity to the vibrant Old Orchard Mall, with over 140 stores and restaurants, provides immediate access to a wealth of amenities. The property enjoys a prestigious setting, nestled between a substantial Life Time Fitness center (108,000 square feet) and the impressive Old Orchard Towers (395,000 square feet of twin office/medical towers with an attached garage). Surrounded by Class A office buildings and hotels, this location offers an unparalleled blend of convenience, prestige, and development potential. The property's APN is 10-09-100-008-0000. Given the unique character of this district and its proximity to key infrastructure and amenities, site plan approval is required. The asking price for this exceptional development opportunity is $2,050,000.

Highlights

  • Prime location, 0.5-mile walk to Old Orchard Mall (140+ stores & restaurants).
  • Exceptional highway access: just off I-94 (Edens Expressway) & Old Orchard Road interchange.
  • Excellent co-tenancy: adjacent to Life Time Fitness (108,000 sf) and Old Orchard Towers (395,000 sf).
  • Surrounded by Class A office buildings and hotels.

Property Details for 10070 Lockwood Ave

Property type
Land
Lot Size (sq. ft)
109,771 SF

Location Insight

City
Skokie
County
Cook
State
Illinois
Latitude
42.062588304532
Longitude
-87.758714346535
10070 Lockwood Ave, Skokie, Illinois

FAQs

What type of property is this?
Land - 2.52 Acres, Prime Location, $2.05M
Where is the land located?
The property is located at 10070 Lockwood Ave Skokie, IL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Prime location, 0.5-mile walk to Old Orchard Mall (140+ stores & restaurants).; Exceptional highway access: just off I-94 (Edens Expressway) & Old Orchard Road interchange.; Excellent co-tenancy: adjacent to Life Time Fitness (108,000 sf) and Old Orchard Towers (395,000 sf).
How can I contact the broker?
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10070 Lockwood Ave
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