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7848 Lincoln Ave Skokie, IL 60077

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For Sale
$1,300,000

Five contiguous lots near downtown Skokie and public transit.

Lot size:
0.37 Acres

Property Features for 7848 Lincoln Ave

General Information

Standard status
Active
Lot size
0.37 Acres

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Listing Contact
Yung-Wu Chen
Source: Corcoran

Listing Agency: CONCENTRIC REALTY, INC Listing Agent: Yung-Wu Chen

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

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Overview

Skokie Land Assemblage Opportunity

This offering presents a rare opportunity to acquire five contiguous lots situated in Skokie's Central Business District. Zoned NX, the assemblage is located within walking distance of Chase Bank, Skokie Theater, Skokie Library, Village Hall, Bank of America, numerous restaurants, retailers, and specialty stores. The property is also conveniently located near the CTA Yellow Line Station and I-90/94. Among the lots, three contain existing buildings, while the remaining two are vacant. The building at 7848 Lincoln Avenue previously served as a real estate company office. The building at 7852 Lincoln Ave formerly housed a Chan Hall and a three-bedroom apartment. The buildings are described as serviceable, although the basement requires work. The buyer has the option to renovate the existing structures or demolish them to construct a new building tailored to their specific needs. Permitted and special uses should be confirmed with the Skokie Village Zoning Chapter, Appendix A-use table. Additional PINs for the lots are 1028211002, 1028211003, 1028211004, and 1028211005.
Location Intelligence

Current Use by Public Records

Apple Real Estate ... Real Estate Agency Khurram Qureshi, Apple ... Real Estate Agency Safwan Patel Real Estate Agency Novelyn Andaya- HomeSmart ... Real Estate Agency

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Skokie
County
Cook
State
Illinois
Longitude
-87.7548115
Latitude
42.0236554

FAQs

What type of property is this?
Commercial land - Five contiguous lots near downtown Skokie and public transit.
Where is this commercial land located?
The property is located at 7848 Lincoln Ave Skokie, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Five contiguous lots offer flexible land use and development potential.; - NX zoning in the Central Business District provides diverse usage options (consult Skokie Village-Zoning Chapter, Appendix A).; - Prime location: walking distance to downtown Skokie amenities.
More about this property
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