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    Skokie, IL Multifamily Properties for Sale

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

    4956 LOUISE Street, Skokie, IL 60077

    $850,000
    0.11 AC lot
    Four‑unit property with mirrored floor plans and full occupancy
    0.11‑acre lot with fenced backyard and refreshed landscaping
    Built in 1950 with brick construction and flat asphalt roof
    Oak hardwood floors, newer kitchens, bathrooms, windows, and doors
    Basement laundry, some newer furnaces and water heaters
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    Triplex with Garage Parking
    Updated: Sep 9
    Triplex with Garage Parking

    5032 Crain Street, Skokie, IL 60077

    $650,000
    Two three‑bedroom, one‑bath apartments and a two‑bedroom, one‑bath non‑conforming basement suite
    40‑foot‑wide lot with a two‑car garage and additional parking beside it
    Separate utilities, two heating systems, and central air systems
    Hardwood floors in both apartments; enclosed porch and side staircase
    A few blocks from Interstate 94 and walking distance to the CTA Yellow Line station
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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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    See hot listings in Skokie

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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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    6-Unit Apartment Building
    6-Unit Apartment Building

    4936 Greenwood Street, Skokie, IL 60077

    $1,599,000

    Mostly updated residences with maintained shared areas and window-unit cooling in a corner-positioned building.

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    Four-Unit Building with Enclosed Porches
    Four-Unit Building with Enclosed Porches

    4806 Mulford Street, Skokie, IL 60077

    $779,000

    Each apartment has an enclosed porch, individual furnace, and access to full-basement storage.

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    Brick Two-Flat with Garage
    Brick Two-Flat with Garage

    9043 Skokie Boulevard, Skokie, IL 60077

    $650,000

    Separate utilities and a lower-level suite support flexible multifamily occupancy.

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    Renovated Quadplex
    Renovated Quadplex

    8914 Lamon Avenue, Skokie, IL 60077

    $999,000

    Updated apartments feature new kitchens, private laundry, basement storage, rebuilt porches, and on-site parking.

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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 Two-Unit Apartment Building
    Brick Two-Unit Apartment Building

    4625 Main Street, Skokie, IL 60076

    Contact for pricing

    Brick rental property with occupied apartments, tandem parking, and leases extending through May 2027.

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    4-Unit Quadplex with Garage
    4-Unit Quadplex with Garage

    8140 Keating Avenue, Skokie, IL 60076

    Contact for pricing

    Income-producing residential property with varied unit layouts and a detached two-car garage.

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    Elevator Apartment Building
    Elevator Apartment Building

    8644 Skokie Boulevard, Skokie, IL 60077

    Contact for pricing

    Multifamily property with varied apartment layouts, resident laundry facilities, and covered parking.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Skokie, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Two-Unit Duplex with Large Basement
    Two-Unit Duplex with Large Basement

    6556 W Ebinger, Niles, IL 60714

    $250,000

    Legal two-flat with separate heating and electric systems.

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    Two-Unit Duplex
    Two-Unit Duplex

    1833 Hartrey Ave, Evanston, IL 60201

    $450,000

    Each residence has three bedrooms and one bathroom.

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    Two-Unit Duplex with Parking
    Two-Unit Duplex with Parking

    1213 Darrow Avenue, Evanston, IL 60202

    $449,000

    Flexible multi-unit property with hardwood interiors, shared laundry, and uncovered parking near shopping, dining, parks, schools, and transit.

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    Niles Condo with Balcony
    Niles Condo with Balcony

    6801 N Milwaukee Avenue #404, Niles, IL 60714

    $191,000

    One-bedroom condo in well-maintained building with in-unit laundry.

    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

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

    8135 Kilpatrick Ave, Skokie, IL 60076-3034

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

    8027 Knox Ave, Skokie, IL 60076-3187

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

    4815 Greenleaf St, Skokie, IL 60077-2317

    Estimated value:
    $460,000
    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
    Estimated value:
    $320,000
    3,896 sqft 0.14 AC lot
    View details
    7907 Kedvale Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    7907 Kedvale Ave, Skokie, IL 60076-3550

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

    8147 Kilpatrick Ave, Skokie, IL 60076-3005

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

    8613 Trumbull Ave, Skokie, IL 60076-2457

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

    7746 Tripp Ave, Skokie, IL 60076-3684

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

    8039 Knox Ave, Skokie, IL 60076-3164

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

    9030 Lamon Ave, Skokie, IL 60077-1760

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

    4844 Mulford St, Skokie, IL 60077-3101

    Estimated value:
    $610,000
    3,338 sqft 0.11 AC lot
    View details

    Skokie, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Skokie, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 7,000 square feet of properties for sale, with an estimated market value of $7,027,000.

    Sale prices for multifamily properties in Skokie, IL start at $650,000, averaging $878,375, and reaching up to $1,599,000 — 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

    Quadplexes 5
    Apartment buildings 3
    Duplexes 3
    Triplexes 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
    60077 $878.4K

    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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