Skokie Development
For Sale
Contact for pricing
8001 Lincoln Ave, Skokie, IL 60077
142,681 SF land with 105,000 SF office building.
Property Size105,000 SF
Lot Size3.20 Acres
Price / SF$95.24
Days on Market725
Property Features for 8001 Lincoln Ave
General Information
Standard status
Active
Size
105,000 SF
Lot size
3.20 Acres
Property subtype
Land, Multifamily, Office
Zoning
CX
Investment Type
Redevelopment
Building Details
Buildings
1
Stories
8
Listing Agency:
Imperial Realty Company
(773) 736-6461
Listed By:
Theron May · License #IL 471.019986
Source:
Crexi
Added: Aug 26, 2024
Changed: Aug 16
Last Checked: Aug 18 at 9:23AM
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 Imperial Realty Company
Investment Insights
Based on property information with market context.
This is an incredible development opportunity located in Downtown Skokie. The property includes an approximately 105,000 square foot office building and three vacant lots, totaling 142,681 square feet (3.2 acres) of land. The property is zoned CX Core Mixed and is situated in the heart of Downtown Skokie. Constructed in 1972 with an addition in 1978, the office building was designed by the Chicago architecture firm Graham, Anderson, Probst & White. The building features very high ceilings on every floor and ample parking. The upper floors offer city views. The property could accommodate 50 or more apartments, 10 or more townhomes, amenities, retail space, work-from-home spaces, and parking. The vacant lots could accommodate approximately 20 units each, plus parking, based on current zoning regulations and nearby similar projects.
Key Highlights
- Prime development opportunity in Downtown Skokie with CX Core Mixed zoning.
- Substantial land area: 142,681 square feet (3.2 acres) including a 105,000 square foot office building and 3 vacant lots.
- Potential for diverse development: Could accommodate apartments, townhomes, retail, WFH spaces, and parking.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,332
Businesses Nearby
Explore this area
Business Placement
Demographics for 60077, IL
28,856
Population
11,317
Households
2.5
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
6,870
Density / Sq Mi
$80,765
Median Household Income
$40,996
Median Earnings
$1,450
Median Rent
$327,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 142,681 SF land with 105,000 SF office building.
Where is this commercial land located?
The property is located at 8001 Lincoln Ave Skokie, IL.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Prime development opportunity in Downtown Skokie with CX Core Mixed zoning.; Substantial land area: 142,681 square feet (3.2 acres) including a 105,000 square foot office building and 3 vacant lots.; Potential for diverse development: Could accommodate apartments, townhomes, retail, WFH spaces, and parking.
