Auto Service Building with Three
For Sale
$1,500,000
8359 Crawford Avenue, Skokie, IL 60076
Showroom, office, washroom, and vehicle parking support the building’s automotive service layout.
Property Size4,640 SF
Lot Size0.34 Acres
Price / SF$323.28
Days on Market156
Property Features for 8359 Crawford Avenue
General Information
Standard status
Active
Size
4,640 SF
Total Parking Spaces
40
Lot size
0.34 Acres
Property subtype
COMMERCIAL
Automotive
Service Bays
3
Automotive Uses
auto repair
Additional Details
Road Access
Yes
Real Estate Included
Yes
Amenities
showroom/office area
washroom
central air
heat
Building Details
Building Size
4,640 SF
Buildings
1
Listing Agency:
eXp Realty
Listed By:
Barry Newman
(888) 574-9405
Source:
Dawnmckennagroup
Added: May 27
Changed: Oct 25
Last Checked: Oct 28 at 5:52PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
Configured for automotive service, the building includes three service bays alongside showroom and office space. A washroom, central air conditioning, heating, and parking for approximately 40 vehicles are also part of the property.
The 0.34-acre site is at 8359 Crawford Avenue in Skokie, with 105 feet of frontage on Crawford Avenue.
The 0.34-acre site is at 8359 Crawford Avenue in Skokie, with 105 feet of frontage on Crawford Avenue.
Key Highlights
- Three automotive service bays
- 0.34‑acre site with 105 feet of frontage on Crawford Avenue
- Showroom and office area, plus a washroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,404
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,288,080
$1.3M
Cap Rate 7%
$920,057
$920.1K
Cap Rate 9%
$715,600
$715.6K
Market Conditions
NOI Build-Up for 4,640 SF
Gross rent
$100.2K $21.60/SF
− Vacancy
−$8.2K −$1.77/SF
EGI
$92.0K $19.83/SF
− OpEx
−$27.6K −$5.95/SF
NOI
$64.4K $13.88/SF
Area
Cook County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,288,080
Cap Rate 7%
$920,057
Cap Rate 9%
$715,600
Alternative Uses
Best Use
Retail
$920.1K
$805.1K – $1.07M
NOI $64,404 @ 7.0% cap · market cap 4.29%
Second Best
Industrial
$285.3K
$249.7K – $332.9K
NOI $19,974 @ 7.0% cap · market cap 1.33%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,139 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,138
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Mike's Motorcycle Towing — 4000 Oakton St, Skokie, IL 60076
- Oakton Auto Body Inc — 3656 Oakton St, Skokie, IL 60076
- Mou Auto Body — 3724 Oakton St, Skokie, IL 60076
- Nick & Ernie's Truck Repair — 3600 Oakton St, Skokie, IL 60076
- CARSTAR Imperial Auto Works — 3620 Oakton St, Skokie, IL 60076
Frequently Asked Questions
What type of property is this?
Auto shop - Showroom, office, washroom, and vehicle parking support the building’s automotive service layout.
Where is this auto shop located?
The property is located at 8359 Crawford Avenue Skokie, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three automotive service bays; 0.34‑acre site with 105 feet of frontage on Crawford Avenue; Showroom and office area, plus a washroom
