Skokie Retail Building For
For Sale
Contact for pricing
4200 Dempster St, Skokie, IL
5,033 SF retail building on 0.58 AC available.
Property Size5,033 SF
Lot Size0.59 Acres
Price / SF$248.36
Days on Market545
Property Features for 4200 Dempster St
General Information
Standard status
Active
Size
5,033 SF
Lot size
0.59 Acres
Property subtype
RETAIL
Listing Agency:
CBRE | Chicago
(312) 935-1400
Listed By:
Peter Graham
(312) 861-7851
Source:
Moodyscre
Added: Apr 9, 2025
Changed: Sep 12
Last Checked: Oct 4 at 7:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Chicago
Investment Insights
Based on property information with market context.
A retail building is available for sale, offering approximately 5,033 square feet of building size on approximately 0.58 acres of land, which is equivalent to 25,446 square feet. The property includes 16 parking spaces. The taxes for 2023, billed in 2024, amount to $83,220.21.
Key Highlights
- Substantial Building Size: +/- 5,033 SF of available space.
- Large Land Size: +/- 0.58 AC (25,446 SF) provides ample outdoor area.
- Dedicated Parking: 16 parking spaces available.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,859
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,397,180
$1.4M
Cap Rate 7%
$997,986
$998.0K
Cap Rate 9%
$776,211
$776.2K
Market Conditions
NOI Build-Up for 5,033 SF
Gross rent
$108.7K $21.60/SF
− Vacancy
−$8.9K −$1.77/SF
EGI
$99.8K $19.83/SF
− OpEx
−$29.9K −$5.95/SF
NOI
$69.9K $13.88/SF
Area
Cook County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,397,180
Cap Rate 7%
$997,986
Cap Rate 9%
$776,211
Alternative Uses
Best Use
Retail
$998.0K
$873.2K – $1.16M
NOI $69,859 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,637 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
58k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 49%
Dollar Tree
Shops & Services
19,090 visits/mo
0.1 miles
Dunkin' Donuts
Dining
10,360 visits/mo
0.4 miles
Starbucks
Dining
9,642 visits/mo
0.2 miles
Mobil
Shops & Services
9,204 visits/mo
0.3 miles
Burger King
Dining
8,512 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 5,033 SF retail building on 0.58 AC available.
Where is this retail property located?
The property is located at 4200 Dempster St Skokie, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Substantial Building Size: +/- 5,033 SF of available space.; Large Land Size: +/- 0.58 AC (25,446 SF) provides ample outdoor area.; Dedicated Parking: 16 parking spaces available.
