2060 Skokie Valley RdHighland Park, IL 60035

  • Commercial land
  • 0.30 AC
For Lease

Property Details for 2060 Skokie Valley Rd

Lot size
0.30 AC
Property type
Commercial land
APN
16-21-205-011
APU
1621205011

Description

This exceptional retail opportunity is located in the vibrant Highland Park submarket at Park Avenue West Commons. Currently, 2,216 square feet of space is immediately available, with a total of 5,250 square feet potentially available. The property boasts high visibility from Skokie Valley Road, a major thoroughfare with over 51,800 vehicles passing daily (VPD). Excellent signage opportunities are available across three pylon signs, ensuring maximum brand exposure. Access is convenient with multiple access points, including a traffic light at the intersection of Park Avenue West and Skokie Valley Road, enhancing customer accessibility. The center is home to a mix of service-oriented retail businesses catering to everyday needs. This location is ideal for a variety of retail uses, including salons, medical offices, dental practices, spas, and fast-casual food and beverage establishments. The surrounding area demonstrates strong demographics, with an average household income exceeding $210,490 within a five-mile radius, indicating significant consumer spending power. This prime retail space presents a unique chance to establish or expand a business in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,735,122
    Hospitality
    $2,505,357
    Educational
    $2,084,428
    Medical
    $2,156,114
    Retail
    $3,242,444
2060 Skokie Valley Rd, Highland Park, Illinois

Location Insight

City
Highland Park
County
Lake
State
Illinois
Latitude
42.1908
Longitude
-87.8278
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,173
$47,528
-
$47,528
-
$142,598
-
$142,598

FAQs

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