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    8101 Ridgeway Ave Skokie, IL 60076

    Sponsored
    For Sale
    $549,900

    Spacious warehouse, ideal for distribution.

    Property size:
    4,900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 4,900 square foot warehouse, situated at 8101 Ridgeway Avenue in Skokie, Illinois, presents a compelling opportunity for businesses seeking versatile space. The property boasts a generous layout, perfectly suited for a variety of uses, including manufacturing and distribution. Two well-sized offices provide dedicated administrative areas, complemented by two restrooms and a welcoming lobby. The expansive floor plan offers ample room for operations and storage, maximizing efficiency. Two large bay doors facilitate seamless loading and unloading of goods, streamlining logistical processes. The property's location offers the added benefit of ample parking, ensuring convenient access for employees and clients alike. This warehouse is ready for immediate occupancy and represents a significant opportunity to establish or expand your business in a prime Skokie location. The asking price is $549,900. The property sits on a lot with zero acres. This property is listed as a business opportunity.

    Property Features for 8101 Ridgeway Ave

    General Information

    Property type
    Investment properties
    Square Feet
    4,900 SF

    Building Details

    Year Built
    1957
    Property Profile Location Intelligence

    Current Use by Public Records

    Woods Manufacturing & Mach ... Machine Shop

    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
    -87.72176
    Latitude
    42.02829

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    FAQs

    What type of property is this?
    Investment property - Spacious warehouse, ideal for distribution.
    Where is this investment property located?
    The property is located at 8101 Ridgeway Ave Skokie, IL.
    What is the asking price?
    The asking price for this property is $549,900.
    (217) 960-8605
    Request Owner's contact information
    8101 Ridgeway Ave 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
    8101 Ridgeway Ave Skokie, IL 60076
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