5540 Touhy Ave - Freestanding FOR SALE
Skokie, IL 60077 |
5540 Touhy Ave
Skokie, IL 60077
HIGHLIGHTS
- Less than 1 mile from I-94, which has exposure to 159,900 VPD and leads directly to downtown Chicago.
- Touhy Ave. (40,965 VPD) is a highly trafficked retail corridor anchored by Walmart, Costco, Target, Jewel-Osco, Aldi, Chick-fil-A, Starbucks & more.
- The property is located adjacent to a 6.2-acre development site which will include 500 multi-family apartments and retail.
- 6.75+ years remaining with rent increases of 2% per year | Recent 2017 construction with a 15-year roof warranty in place.
- Investment grade credit rating of AA (S&P).
- Affluent Chicago MSA location with average household incomes of $158,000 within 1 mile.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Advocate Medical Group Outpatient Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Medical
TOTAL BUILDING SIZE
5439
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
10-28-312-034-0000
