The Highpoint — Lease in Skokie, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Skokie, IL 60077

Photos

The Highpoint — Lease in Skokie, IL, photo 1 of 2
The Highpoint — Lease in Skokie, IL, photo 2 of 2

Description

8000 Lincoln Avenue is located on the corner of OaktonStreet and Lincoln Avenue in Skokie, IL. The property is located in the heart of one of the major shopping and entertaining destinations for residents in the surrounding neighborhoods. The 14,039 retail space can range from 1,554 SF to 9,132 SF of contigiuous space, and is an ideal fit for restaurants, specialty grocers, coffee shops, medical, fitness and other high profile retail tenants. Outdoor seating area on the motorcourt for both retail spaces 1 and 3. Retail space number 3 is ideal for a restaurant with accordion-style windows 14’ celing heights.

Market Context

This retail in Skokie, IL is listed for lease. Compare it against other retail listings for lease in Skokie, IL — view the full market.

As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 7.9% as of Q4 2025, per multiple brokerage reports.
Is the Chicago retail market tightening or softening?
Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).

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