300 Skokie BlvdNorthbrook, IL 60062

Property Details for 300 Skokie Blvd

Year built

1987

Lot size

1.22 AC

Property type

Retail space

APN

04-02-202-034

APU

402202034

Description

This exceptional retail opportunity is located at 300 Skokie Blvd in Northbrook, Illinois, 60062, situated on the highly desirable Skokie Corridor, midway between Dundee and Lake Cook Road. The property, known as Berkley Row, is a single-story, Class B strip mall and medical building totaling 13,739 square feet, built in 1987, and situated on 1.32 acres of land. Currently, there are three available retail spaces ranging from a minimum of 645 square feet to a maximum contiguous space of 1,290 square feet, with a total of 2,580 square feet currently vacant. The property features ample parking with 77 spaces available for tenants and customers. The zoning is designated as Retail, making it ideal for a variety of businesses. This location offers the unique advantage of smaller retail spaces nestled amongst larger national retailers, providing excellent visibility and access to a substantial customer base. The property is zoned for retail use and offers a rare opportunity to establish a presence in a highly sought-after Northbrook location. This is a fantastic opportunity for businesses seeking a smaller footprint in a prime retail corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $23,515,474

  6.5%

  $21,706,592

  7%

  $20,156,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,443,126

  Geo Method

  $17,443,126

• Alternative Use

  Use

  Valuation

  Residential

  $18,310,322

  Hospitality

  $16,772,156

  Educational

  $13,954,237

  Medical

  $14,434,145

  Retail

  $21,706,592

Location Insight

City

Northbrook

County

Cook

State

Illinois

Latitude

42.1465

Longitude

-87.7983

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].