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    7441 Channel Rd Skokie, IL 60076

    Sponsored
    For Sale
    $859,000

    10,000 SF Warehouse, Office Space, Ideal Location

    Property size:
    10,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 10,000-square-foot industrial building is situated in Skokie's thriving commercial east corridor at 7441 Channel Road. The property boasts a prime location offering convenient access to major transportation arteries, including Interstates I-90 and I-94, O'Hare International Airport, and Lake Shore Drive, making it easily accessible to the Northwestern suburbs. The building itself is meticulously maintained and comprises two distinct warehouse sections, each adaptable to a variety of uses. Two loading docks and one overhead garage door facilitate efficient loading and unloading operations. Approximately 2,500 square feet of office space provides ample room for administrative functions. The flexible floor plan allows for customization to suit diverse business needs, making it suitable for manufacturing, warehouse distribution, or even sports training facilities. The property sits on a 0.39-acre lot and includes ample parking. A significant upgrade has recently been completed with the installation of a brand-new sprinkler system, enhancing safety and security. The asking price for this exceptional property is $859,000. A pre-approval letter from a lender is required before interior access will be granted.

    Property Features for 7441 Channel Rd

    General Information

    Property type
    Investment properties
    Square Feet
    10,000 SF
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1961
    Property Profile Location Intelligence

    Current Use by Public Records

    Maxx Detail Car Detailing Service Pro Sport Studio Sports Club S&S Home Fix, ... Contractor Modern Wall Art Art Gallery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Skokie
    County
    Cook
    State
    Illinois
    Longitude
    -87.7096
    Latitude
    42.01652

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    FAQs

    What type of property is this?
    Investment property - 10,000 SF Warehouse, Office Space, Ideal Location
    Where is this investment property located?
    The property is located at 7441 Channel Rd Skokie, IL.
    What is the asking price?
    The asking price for this property is $859,000.
    (773) 465-4200
    Request Owner's contact information
    7441 Channel Rd Skokie, IL 60076
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7441 Channel Rd Skokie, IL 60076
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