5202 Old Orchard RdSkokie, IL 60077

  • Office properties
For Lease
$1/SF/YR View listing

Property Details for 5202 Old Orchard Rd

Property type
Office properties
Property subtype
Office buildings
APN
10-09-102-063
APU
1009102063

Description

This exceptional Skokie, IL property, Old Orchard Towers, offers 170,000 square feet of prime office space across two Class A buildings. Located at 5202 Old Orchard Rd (North Tower), this multi-tenant property boasts a highly desirable North Shore location, convenient to the Edens Expressway (I-94). The buildings, constructed in 1987 and extensively renovated in 2022, feature 7 stories each, 7 elevators, and 1100 parking spaces in an attached 5-story structure. Units range from 1,500 to 120,000 contiguous square feet, with 120,000 square feet currently vacant. The property sits on 10 acres of land and is zoned commercial. Amenities include LEED Gold certification, full sprinkler systems, ADA compliance, and proximity to Life Time Fitness, Old Orchard Mall (with over 140 stores and restaurants), and Endeavor Health Skokie Hospital (NorthShore Hospital). The location is further enhanced by its proximity to four hotels with over 870 rooms. This versatile property is ideal for medical offices, traditional offices, coworking spaces, and executive suites. The property's strategic location and modern amenities make it an unparalleled opportunity in the competitive North Shore market. The property is easily accessible from I-94 and offers a variety of space options to suit diverse business needs.

5202 Old Orchard Rd, Skokie, Illinois

Location Insight

City
Skokie
County
Cook
State
Illinois
Latitude
42.064
Longitude
-87.7579
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
2022
$2,310,769
$1,145,084
$8,357,834
$9,502,918
-
$4,580,336
$33,431,336
$38,011,672

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