Skokie Retail Property For
8357 Skokie Blvd Skokie, IL
8357 Skokie Blvd, Skokie, IL, 00000
Contact for pricing
For Sale
Contact for pricing
Retail property available for purchase in Skokie, Illinois.
Property Size2,589 SF
Lot Size0.38 Acres
Price / SF$366.94
Days on Market362
Property Features for 8357 Skokie Blvd
General Information
- Standard status
- Active
- Size
- 2,589 SF
- Lot size
- 0.38 Acres
- Property subtype
- RETAIL
Properties For Sale
at 8357 Skokie Blvd Contact us
Listing agency
Matanky Realty Group
(773) 517-9740
Listed by
Terri J. Cox · License #4710003588
(773) 517-9740
Source
Moodyscre
Added: Jul 25, 2025 Updated: Jul 6 at 10:05AM Checked: Jul 21 at 6:01AM
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 is available for sale, offering 2589 square feet of space. The property is located in Skokie, Illinois.
Key Highlights
- Retail property available for purchase.
- Located in Skokie, Illinois.
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
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
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
KeyMe Locksmiths
Locksmith
Amazon Hub Locker ...
Postal Service
7-Eleven
Grocery & Convenience Store
Citibank ATM
Atm
Similar For Sale Nearby
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 8357 Skokie Blvd 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.
