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Skokie Retail/Office Building For Sale
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3421 Dempster St, Skokie, IL 60076

Value-add opportunity in Skokie's east Dempster St. business corridor.

Property Size5,200 SF
Price / SF$129.62
Days on Market779

Property Features for 3421 Dempster St

General Information

Standard status Active
Size 5,200 SF
Class B
Property subtype Mixed Use, Office, Retail
Zoning B-2
Occupancy 75%
Lease Type Modified Gross
Investment Type Value Add
Net Operating Income $75,268

Building Details

Year Built 1961
Stories 2
Units 4
Listing Agency: @properties
Listed By: Christopher Demos · License #475.135317
Source: Crexi
Added: Jul 18, 2024 Changed: Aug 26 Last Checked: Sep 2 at 3:59AM

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

Investment Insights

Based on property information with market context.

This 5200 sq. ft. boutique retail/office building, located within the east Dempster St. business corridor in Skokie, presents a value-add opportunity. The property, encompassing 3421-25 Dempster and 8755 Trumbull, offers flexible floorplans and additional storage. The potential for converting this building to mixed-use is highly likely. Each tenant controls their own HVAC (forced air) and is responsible for utilities. Currently, two spaces are available: 3425 (1st floor) with just over 1500 sq. ft., and 8755 with 1600 sq. ft. 3421 Dempster and 3425 (lower-level) are tenant occupied. The building includes 7 off-street parking spaces, and a public parking lot is located to the east of the building. The roof has been recently certified and features a new reflective coating.

Key Highlights

  • High potential for conversion to Mixed‑Use property
  • Located in the east Dempster St. business corridor in Skokie
  • Two spaces are currently available for lease (1500 sq. ft. and 1600 sq. ft.)

Property Analytics

Current Use

Body & Brain Yoga ... Alternative Medicine Practice

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Real Estate Agency Tanning Salon Pet Grooming Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

868
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Value-add opportunity in Skokie's east Dempster St. business corridor.
Where is this mixed-use property located?
The property is located at 3421 Dempster St 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: High potential for conversion to Mixed‑Use property; Located in the east Dempster St. business corridor in Skokie; Two spaces are currently available for lease (1500 sq. ft. and 1600 sq. ft.)
(847) 692-5522 Call to check price and availability
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