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10070 Lockwood Ave

2.52 Acres of Commercial Land Offered at £1,619,520 in Skokie, IL 60077

Investment Highlights

  • Just off the Edens Expressway
  • Adjacent to Life Time Fitness with waterpark
  • Surrounded by Class A office building

Executive Summary

ZONING: OR Office Research - The OR Office Research district is established to allow the development of business and professional offices, "higher intensity" multiple-family residential and mixed-use residential developments, and other compatible uses in a planned park-like setting. The district is intended to serve the Village and the surrounding urban region. Because of the unique character of properties located within this district and its proximity to the Edens Expressway, the Old Orchard Interchange, Cook County Forest Preserve and adjacent residential properties in other municipalities, all properties within this district require site plan approval.

Property Facts

Price £1,619,520
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Apartment Units
  • Auto Dealership
  • Baseball Field
  • Healthcare
  • Medical
  • Storefront, Retail or Office
  • Single Family Residence
Total Lot Size 2.52 AC

1 Lot Available

Lot

Price £1,619,520
Price Per AC £642,667
Lot Size 2.52 AC

Boutique development opportunity in Skokie

Description

0.5 mile walk to Old Orchard Mall (140+ stores and restaurants). Just off NW corner of four-way interchange of I-94 (Edens Expressway) and Old Orchard Road The property is nestled between Life Time Fitness (108,000 sf) and Old Orchard Towers (395,000 sf twin office/medical towers with attached garage). Across from Hampton Inn, Residence Inn and Extended Stay America hotels Niles North HS one block to the East

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-09-100-008-0000
Land Assessment
£207,741
Improvements Assessment
£0
Total Assessment
£207,741

zoning

Zoning Code OR
OR
  • Listing ID: 32403900

  • Date on Market: 10/07/2024

  • Last Updated:

  • Address: 10070 Lockwood Ave, Skokie, IL 60077

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