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Skokie Retail Property For Sale

7950 Crawford Ave Skokie, IL

7950 Crawford Ave, Skokie, IL, 00000
Contact for pricing
For Sale
Contact for pricing

Retail property available for purchase in Skokie, Illinois.

Property Size2,589 SF
Lot Size0.42 Acres
Price / SF$366.94
Days on Market362

Property Features for 7950 Crawford Ave

General Information

Standard status
Active
Size
2,589 SF
Lot size
0.42 Acres
Property subtype
RETAIL
Listing agency Matanky Realty Group
Listed by Terri J. Cox · License #4710003588
Source Moodyscre
Added: Jul 25, 2025 Updated: Jul 6 at 10:46AM Checked: Jul 21 at 6:13AM

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 Matanky Realty Group


Investment Insights

Based on property information with market context.

A retail property encompassing 2589 square feet is available for purchase. The property is located in Skokie, Illinois.

Key Highlights

  • Retail property available for purchase.
  • Located in Skokie, Illinois.
  • Additional property details available.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $55.9k $21.60
− Vacancy −$4.6k −$1.77
EGI $51.3k $19.83
− OpEx −$15.4k −$5.95
NOI $35.9k $13.88
2,589 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$513.4K
$449.2K – $598.9K (±1% cap)
NOI $35,936 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.9K
$782.1K – $1.04M (±1% cap)
NOI $62,570 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Amazon Hub Locker ... Postal Service 7-Eleven Grocery & Convenience Store Citibank ATM Atm Western Union Bank

Suggested Use

Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Real Estate Agency

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

FAQs

What type of property is this?
Retail property - Retail property available for purchase in Skokie, Illinois.
Where is this retail property located?
The property is located at 7950 Crawford Ave Skokie, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Retail property available for purchase.; Located in Skokie, Illinois.; Additional property details available.
Contact an agent
(773) 517-9740 Call to check price and availability
More about this property
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