4709 Golf RdSkokie, IL 60076

Property Details for 4709 Golf Rd

Year built

1991

Lot size

7.12 AC

Property type

Office buildings

APN

10-15-100-024

APU

1015100024

Description

Concourse Office Plaza, a Class A, two-building office complex in Skokie, Illinois, offers 294,073 square feet of versatile space, ideal for executive, traditional, medical, or creative office uses. Currently, 14,000 square feet is available for lease, with individual suites ranging from 32 to 12,364 square feet. Built in 1990 and extensively renovated in 2022, this ten-story building boasts ten elevators and ample amenities. Tenants enjoy convenient access to covered and uncovered parking (over 1000 stalls), an on-site deli, a full-service mail center (USPS/UPS/FedEx), secure storage, 24/7 courtesy officer, a conference center, and on-site management, engineering, and maintenance staff. The property is strategically located at 4709 Golf Rd, Skokie, IL 60076, directly adjacent to the Hilton Doubletree Hotel and the North Shore Center for the Performing Arts, with Old Orchard Mall a block away and NorthShore University Hospital across the street. Excellent public transportation is available via multiple Pace bus routes. The property sits in a high-traffic area (28,797 vehicles daily on Golf Road & Skokie Blvd), with easy access to the Edens Expressway. The surrounding area boasts a strong demographic profile: a 3-mile radius population of 148,760, 54,813 households, and an average household income of $115,118. The property is zoned for office and medical use and sits on 5.83 acres of land in Cook County.

• CAP approach

  CAP return

  Valuation

  6%

  $93,359,368

  6.5%

  $86,177,880

  7%

  $80,022,320

• Comparable approach

  Method

  Valuation

  Relative Method

  $40,396,648

  Geo Method

  $40,396,648

• Alternative Use

  Use

  Valuation

  Residential

  $106,860,568

  Hospitality

  $97,883,712

  Educational

  $81,438,096

  Medical

  $84,238,880

  Retail

  $126,681,488

Location Insight

City

Skokie

County

Cook

State

Illinois

Latitude

42.0542

Longitude

-87.7434

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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