3701 Jarvis Ave Skokie, IL 60076
- Commercial real estate
- 8,000 SF
Current Use by Public Records
- Medical Diagnostic Services, Inc. / Medical Diagnostic Imaging Center / Cardiologist
Property Details for 3701 Jarvis Ave
- Year built
- 1965
- Property size
- 8,000 SF
- Property type
- Commercial real estate
Description
This exceptional 8,000-square-foot commercial property in Skokie, IL, presents a unique investment opportunity. The building, comprised of three combined units, offers a blend of modern office space and functional warehouse facilities, ideal for a variety of businesses. The majority of the space is dedicated to well-designed office areas, promoting collaboration and productivity. A practical warehouse area provides additional flexibility for storage or light manufacturing needs. Recent significant improvements include a completely new roof (October 2023, over $90,000 investment), new drop ceiling tiles, and fresh interior paint. One smaller unit is currently leased to a pharmacy, another is owner-occupied, and the largest unit is vacant, presenting immediate income potential and owner-occupancy possibilities. Each unit features at least one bathroom and its own separate entrance. The property enjoys convenient access to major transportation routes, including I-94, and benefits from Skokie's business-friendly environment and thriving economic landscape. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Skokie
- County
- Cook
- State
- Illinois
- Longitude
- -87.7216
- Latitude
- 42.0152
