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Investment Highlights
- An absolute once in two lifetimes opportunity – The 4400 – 4446 Skokie IL retail development site, is now for sale.
- Very well positioned near the prime hard stoplight corner of Golf Road and Gross Point Road,
- 2 Blocks to the Endeavor Health Skokie Hospital,
- An amazing location, immense potential. Right on the Corner of Golf and Kostner.
- The property is located 1 mile to Old Orchard Shopping Mall,
- 2.5 - 3 miles to the Evanston Hospital and the northwestern university campus,
Executive Summary
Offered for sale, 4400-4446 Golf Road in Skokie presents a rare redevelopment and investment opportunity along one of the North Shore's most heavily traveled commercial corridors. Positioned near the signalized intersection of Golf Road and Gross Point Road, the property benefits from exceptional visibility, approximately 260 feet of frontage along Golf Road, and traffic counts exceeding 23,200 vehicles per day on Golf Road, with an additional 10,500 vehicles traveling nearby on Gross Point Road.
The offering consists of a 2,241-square-foot building situated on a combined 30,809.8-square-foot site, including an adjacent parking field with approximately 30 parking spaces. Located approximately one mile from Westfield Old Orchard, two blocks from Endeavor Health Skokie Hospital, and within a short drive of Evanston Hospital and Northwestern University, the property is surrounded by established retail, healthcare, educational, and residential uses. Nearby retailers include US Bank, Jewel-Osco, Portillo's, Chick-fil-A, Wendy's, Dunkin', The Goddard School, and numerous neighborhood businesses.
The site features a combination of R-1 and B-2 zoning, creating potential flexibility for future development. Current zoning regulations may permit a two-story structure with ground-floor retail and second-floor residential or office space, subject to municipal review and approval. The property's location, frontage, parking, and surrounding commercial activity position it for a variety of owner-user, redevelopment, or investment strategies.
The restaurant business, furniture, fixtures, and equipment are not included in the sale. The restaurant remains in operation and will continue operating. Interior dining area photographs are available to qualified purchasers. All property tours and showings must be coordinated through the listing broker. Do not contact or disturb the tenant.
The offering consists of a 2,241-square-foot building situated on a combined 30,809.8-square-foot site, including an adjacent parking field with approximately 30 parking spaces. Located approximately one mile from Westfield Old Orchard, two blocks from Endeavor Health Skokie Hospital, and within a short drive of Evanston Hospital and Northwestern University, the property is surrounded by established retail, healthcare, educational, and residential uses. Nearby retailers include US Bank, Jewel-Osco, Portillo's, Chick-fil-A, Wendy's, Dunkin', The Goddard School, and numerous neighborhood businesses.
The site features a combination of R-1 and B-2 zoning, creating potential flexibility for future development. Current zoning regulations may permit a two-story structure with ground-floor retail and second-floor residential or office space, subject to municipal review and approval. The property's location, frontage, parking, and surrounding commercial activity position it for a variety of owner-user, redevelopment, or investment strategies.
The restaurant business, furniture, fixtures, and equipment are not included in the sale. The restaurant remains in operation and will continue operating. Interior dining area photographs are available to qualified purchasers. All property tours and showings must be coordinated through the listing broker. Do not contact or disturb the tenant.
Taxes & Operating Expenses (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$77,268
|
$39.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$77,268
|
$39.36
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $77,268 |
| Annual Per SF | $39.36 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $77,268 |
| Annual Per SF | $39.36 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,963 SF
Year Built
1949
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.30 AC
Zoning
B-2 - R-1 - B-2 @ R-1 PER THE VILLAGE OF SKOKIE
Parking
19 Spaces (9.68 Spaces per 1,000 SF Leased)
Frontage
66’ on Golf Road
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $343,567 CAD (2025) | |
| Land Assessment | $229,438 CAD (2025) | Annual Taxes | $77,268 CAD ($39.36 CAD/SF) |
| Improvements Assessment | $114,129 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Numbers
Land Assessment
$229,438 CAD (2025)
Improvements Assessment
$114,129 CAD (2025)
Total Assessment
$343,567 CAD (2025)
Annual Taxes
$77,268 CAD ($39.36 CAD/SF)
Tax Year
2023
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4400 Golf Rd, Skokie, IL 60076 | 4400 Golf Rd
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