Skokie Retail/Office Building For
For Sale
$674,000
3421 Dempster Street, Skokie, IL 60076
Fully leased retail/office building in Skokie with high exposure.
Property Size5,200 SF
Lot Size0.16 Acres
Price / SF$129.62
Days on Market743
Property Features for 3421 Dempster Street
General Information
Standard status
Active
Size
5,200 SF
Lot size
0.16 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1961
Listing Agency:
@properties Christie's International Real Estate
(847) 707-1456
Listed By:
Christopher Demos · License #475135317
(847) 707-1456
Source:
Exitrealty
Added: Jul 18, 2024
Changed: Jul 10
Last Checked: Jul 30 at 5:40AM
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 @properties Christie's International Real Estate
Investment Insights
Based on property information with market context.
This fully leased, four-unit retail/office building is located in the east Dempster Street business corridor in Skokie. The 5,200 square foot building has high exposure, with nearly 30,000 vehicles passing by daily. The property consists of 3421 Dempster Street (one tenant), 3425 Dempster Street (two tenants), and 8755 Trumbull Street (one tenant). Each tenant controls their own HVAC (forced air) and is responsible for utilities. The building offers flexible floor plans and additional storage space. There are seven off-street parking spaces, as well as a public parking lot to the east of the building. The building also features prominent signage. The roof has been certified and has a new reflective coating. The property has a 9.8% CAP Rate. There is potential for converting this building to mixed-use.
Key Highlights
- 9.8% CAP Rate
- Fully Leased 4‑Unit Retail/Office Building
- High Traffic Location: Nearly 30,000 Vehicles Per Day
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60076, IL
34,295
Population
11,908
Households
2.9
Avg Household Size
42
Median Age
52%
College-Educated
91%
High-School Grad
5.1 sq mi
ZIP Area
6,725
Density / Sq Mi
$103,870
Median Household Income
$50,336
Median Earnings
$1,576
Median Rent
$381,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Fully leased retail/office building in Skokie with high exposure.
Where is this storefront property located?
The property is located at 3421 Dempster Street Skokie, IL.
What is the asking price?
The asking price for this property is $674,000.
What are key features of this property?
This property features: 9.8% CAP Rate; Fully Leased 4‑Unit Retail/Office Building; High Traffic Location: Nearly 30,000 Vehicles Per Day
