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8046 Lincoln Ave Skokie, IL 60077

Sponsored
For Sale
$1,000,000

Four-unit retail building, fully leased, high returns.

Property size:
6,326 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional investment opportunity presents a fully leased, four-unit retail building situated in the heart of downtown Skokie, Illinois. The property, located at 8046 N Lincoln Avenue, boasts a total of 6,326 square feet and sits on a prime corner lot, ensuring maximum visibility and accessibility. Currently enjoying 100% occupancy, the building features strong, reliable tenants, providing a consistent stream of income and minimizing management demands. Each of the four units is designed to attract and retain high-quality tenants, offering versatility for a diverse range of retail businesses. The vibrant and bustling location in downtown Skokie guarantees high foot traffic, ensuring consistent customer flow for tenants. This translates to a stable and lucrative investment, ideal for both seasoned investors seeking to expand their portfolio and those new to commercial real estate looking for a low-management, high-return property. The solid brick construction ensures durability and longevity, further enhancing the value of this exceptional investment opportunity. The asking price for this prime retail property is $1,000,000. This represents a compelling opportunity to acquire a well-established, income-producing asset in a thriving downtown location.

Property Features for 8046 Lincoln Ave

General Information

Property type
Other commercial real estate
Square Feet
6,326 SF

Building Details

Year Built
1957

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

Location Insight

  • Map
  • Local Demand
City
Skokie
County
Cook
State
Illinois
Longitude
-87.75481
Latitude
42.02765

FAQs

What type of property is this?
Commercial real estate - Four-unit retail building, fully leased, high returns.
Where is this commercial real estate located?
The property is located at 8046 Lincoln Ave Skokie, IL.
What is the asking price?
The asking price for this property is $1,000,000.
More about this property
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