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    8250 Skokie Blvd Skokie, IL 60077

    For Sale
    $5,800,000

    Prime Chicago suburb industrial property with long-term tenant.

    Property size:
    73,293 SF
    Lot size:
    2.07 Acres

    Property Features for 8250 Skokie Blvd

    General Information

    Size
    73,293 SF
    Lot size
    2.07 Acres

    Source: Interra Realty, LLC Agent Jon Morgan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Skokie Net Lease Industrial Property

    This industrial property is located in a Chicago North suburb. The property has been occupied by Gerber Collision since 1997. The property features limited landlord responsibilities and 10% rent increases every 5 years. It is located in close proximity to the Metra Line and Downtown Skokie. The property includes 2 drive-in doors and 2 docks. The property is zoned CX, which allows for potential future development. The property size is 73293 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gerber Collision & Glass Auto Body Shop SMART training academy Training Centre

    Suggested Use

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

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

    Similar Places Nearby

    3C Automotive And Repair Co., M & A Auto Body Service, Leitherer Auto Body Shop in Skokie, G & G Automotive, Euro Collision of Skokie

    Location Insight

    • Map
    • Local Demand
    City
    Skokie
    County
    Cook
    State
    Illinois
    Longitude
    -87.7479491
    Latitude
    42.0314166

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    FAQs

    What type of property is this?
    Auto shop - Prime Chicago suburb industrial property with long-term tenant.
    Where is this auto shop located?
    The property is located at 8250 Skokie Blvd Skokie, IL.
    What is the asking price?
    The asking price for this property is $5,800,000.
    What are key features of this property?
    This property features: - Long-term tenant: Gerber Collision operating at this site since 1997.; - Net Lease with Limited Landlord Responsibilities.; - 10% Rent Increases every 5 years.
    (312) 361-3140
    Request Owner's contact information
    8250 Skokie Blvd Skokie, IL 60077
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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
    8250 Skokie Blvd Skokie, IL 60077
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