210 Skokie Valley RdHighland Park, IL 60035

Property Details for 210 Skokie Valley Rd

Year built

2000

Construction

BRICK

Lot size

0.37 AC

Property size (Sq ft)

18,143 SF

Property type

Office buildings

APN

16-35-305-003

APU

1635305003

Description

This exceptional two-story, 17,500 square foot Class B office building, renovated in 2019, is ideally situated at 210 Skokie Valley Road in Highland Park, Illinois, zip code 60035. The property features one elevator providing convenient access to the second floor. Multiple suites are available, ranging in size from 500 to 4,221 square feet, perfect for businesses of various sizes. The building boasts covered parking for added convenience. The building is zoned for commercial use and is located in a thriving community. Highland Park offers a high quality of life, with a population of 59,548 within a three-mile radius, a median household income of $118,579, and an average household size of 2.60. The area boasts over 100 retailers and numerous award-winning restaurants in its vibrant downtown area. While commuting times are slightly above average, public transportation usage significantly surpasses both state and national averages. Highland Park also provides extensive recreational opportunities, including parks, beaches, and various recreational facilities managed by the Park District of Highland Park. This property presents a unique opportunity to establish a presence in a desirable and amenity-rich location. The building's modern amenities and convenient location make it an attractive option for businesses seeking a high-quality office space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $5,461,342

  6.5%

  $5,041,240

  7%

  $4,681,151

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,363,126

  Geo Method

  $2,363,126

• Alternative Use

  Use

  Valuation

  Residential

  $6,251,137

  Hospitality

  $5,726,008

  Educational

  $4,763,972

  Medical

  $4,927,812

  Retail

  $7,410,622

Location Insight

City

Highland Park

County

Lake

State

Illinois

Latitude

42.1564

Longitude

-87.8051

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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