Multifamily

Skokie, IL Multifamily Properties for Sale

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4-Unit Brick Quadplex
Updated: Aug 5
4-Unit Brick Quadplex

4956 LOUISE Street, Skokie, IL 60077

$850,000
0.11 AC lot
Four‑unit, fully occupied two‑flat property
0.11‑acre lot with fenced backyard and refreshed landscaping
Oak hardwood floors, updated kitchens, and newer bathrooms throughout
Basement laundry, newer windows, and upgraded doors
Brick construction built in 1950
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Six-Unit Apartment Building Corner
Updated: Jul 24
Six-Unit Apartment Building Corner

4936 Greenwood Street, Skokie, IL 60077

$1,725,000
6‑unit apartment building with 14 total bedrooms
Corner location with natural light noted throughout all units
Mostly updated units and professionally maintained common areas
Built in 1955
Window unit(s) for cooling
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Brick Two-Flat with Finished Basement
Brick Two-Flat with Finished Basement

4826 Wright Terrace, Skokie, IL 60077

$650,000
0.08 AC lot

Two three-bedroom units include shared laundry, storage, and three rear parking spaces, with one apartment currently leased.

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Updated Triplex with Attached Garages
Updated Triplex with Attached Garages

7941 Karlov Avenue, Skokie, IL 60076

$799,900
4,200 sqft

Updated triplex with three self-contained units, courtyard, and attached 2-car and 1-car garages accessed from the alley.

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Triplex with Courtyard and Attached Garages
Triplex with Courtyard and Attached Garages

7941 Karlov Avenue, Skokie, IL 60076

$799,900

Updated brick triplex with three self-contained units, a courtyard, and attached garage parking plus natural gas heat.

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Six-Unit Multifamily Corner Building
Six-Unit Multifamily Corner Building

4936 Greenwood Street, Skokie, IL 60077

Contact for pricing
7,000 sqft

Six-unit multifamily property with a corner location and a unique unit mix totaling 14 bedrooms.

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Updated Four-Unit Quadplex
Updated Four-Unit Quadplex

4956 LOUISE Street, Skokie, IL 60077

$850,000

Fully occupied residential income property with refreshed interiors, basement laundry, and outdoor improvements.

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Brick Triplex With Three-Car Garage
Brick Triplex With Three-Car Garage

8221 Knox Avenue, Skokie, IL 60076

$650,000

Three-level residential income property with three bedrooms per floor and substantial storage space.

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Bulk Condo Multifamily Building
Bulk Condo Multifamily Building

10111 Old Orchard Ct, Skokie, IL 60076

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Bulk condo offering includes nine condos with surface parking and patios or balconies, managed via a master association covering common expenses.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Skokie, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Three-Unit Building
Mixed-Use Three-Unit Building

5313 West Devon Avenue, Chicago, IL 60646

Contact for pricing
3,300 sqft

Three-unit mixed-use property featuring two storefronts and a large updated 3BR/2BA residence with dedicated entrances.

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Brick Duplex with Unfinished Basement
Brick Duplex with Unfinished Basement

630 Dodge Avenue, Evanston, IL 60202

$500,000

Two separately metered residences include hardwood flooring, basement storage, and laundry hookups.

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Large Chicago Two-Flat Investment Opportunity
Large Chicago Two-Flat Investment Opportunity

2914 W Touhy Avenue, Chicago, IL 60645

$655,000

Spacious two-flat with potential for additional unit and desirable features.

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Two-Building Multifamily Property
Two-Building Multifamily Property

153 Dodge Ave, Evanston, IL 60202

Contact for pricing

Two jumbo yellow-brick apartment buildings offer six total units with 2023 remodel updates throughout.

View details

Off-Market Properties in Skokie, IL

Consider similar Off-Market properties in Skokie, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4905 Louise St
GARDEN APT, COURT APT (5+ UNITS)

4905 Louise St, Skokie, IL 60077-3039

$2,000,000
Estimated value
0.25 AC lot
View details
8135 Kilpatrick Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8135 Kilpatrick Ave, Skokie, IL 60076-3034

$345,000
Estimated value
3,901 sqft 0.14 AC lot
View details
8027 Knox Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8027 Knox Ave, Skokie, IL 60076-3187

$710,000
Estimated value
2,844 sqft 0.10 AC lot
View details
4815 Greenleaf St
APARTMENT HOUSE (UNDER 5 UNITS)

4815 Greenleaf St, Skokie, IL 60077-2317

$460,000
Estimated value
2,740 sqft 0.09 AC lot
View details
8115 Kilpatrick Ave, Unit 2A
APARTMENT HOUSE (UNDER 5 UNITS)

8115 Kilpatrick Ave, Skokie, IL 60076-3038

Unit 2A
$320,000
Estimated value
3,896 sqft 0.14 AC lot
View details
7907 Kedvale Ave
APARTMENT HOUSE (UNDER 5 UNITS)

7907 Kedvale Ave, Skokie, IL 60076-3550

$540,000
Estimated value
3,649 sqft 0.12 AC lot
View details
8147 Kilpatrick Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8147 Kilpatrick Ave, Skokie, IL 60076-3005

$365,000
Estimated value
2,455 sqft 0.14 AC lot
View details
8613 Trumbull Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8613 Trumbull Ave, Skokie, IL 60076-2457

$360,000
Estimated value
2,587 sqft 0.08 AC lot
View details
7746 Tripp Ave
APARTMENT HOUSE (UNDER 5 UNITS)

7746 Tripp Ave, Skokie, IL 60076-3684

$720,000
Estimated value
3,693 sqft 0.09 AC lot
View details
8039 Knox Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8039 Knox Ave, Skokie, IL 60076-3164

$550,000
Estimated value
3,660 sqft 0.17 AC lot
View details
9030 Lamon Ave
APARTMENT HOUSE (UNDER 5 UNITS)

9030 Lamon Ave, Skokie, IL 60077-1760

$305,000
Estimated value
4,020 sqft 0.08 AC lot
View details
4844 Mulford St
APARTMENT HOUSE (UNDER 5 UNITS)

4844 Mulford St, Skokie, IL 60077-3101

$610,000
Estimated value
3,338 sqft 0.11 AC lot
View details
4840 Mulford St
APARTMENT HOUSE (UNDER 5 UNITS)

4840 Mulford St, Skokie, IL 60077-3150

$705,000
Estimated value
3,336 sqft 0.11 AC lot
View details
5032 Crain St
APARTMENT HOUSE (UNDER 5 UNITS)

5032 Crain St, Skokie, IL 60077-2203

$645,000
Estimated value
2,604 sqft 0.11 AC lot
View details
8934 La Crosse Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8934 La Crosse Ave, Skokie, IL 60077-1950

$305,000
Estimated value
4,020 sqft 0.08 AC lot
View details

Skokie, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Skokie, IL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 11,200 square feet of properties for sale, with an estimated market value of $6,324,800.

Sale prices for multifamily properties in Skokie, IL start at $650,000, averaging $903,542, and reaching up to $1,725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 3
Triplexes 3
Quadplexes 2
Duplexes 1

Demographics Overview

Population 62K
Population Growth (5Y) +2.3%
Median Household Income $93,128
College Educated 67.6%

High-Yield Neighborhoods for Investment

Identify Skokie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60076 $799.9K
60077 $977.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Skokie fall within the 25,000 to 50,000 square foot range.

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