Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    3701 Jarvis Ave, Skokie, IL 60076

    8,000 SF Built 1965
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1965
    Total area 8,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Medical Diagnostic Services, Inc. Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 3701 Jarvis Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message