5270 Lincoln Ave, Skokie, IL 60077
This exceptional commercial property, located at 5270 Lincoln Ave in Skokie, Illinois (Cook County, zip code 60077), is offered at $375,000. The property is a special purpose building situated on a sizable lot, boasting over 4000 square feet of space. Currently operating as a successful retail grocery store catering to a wide regional customer base, including many from outside Illinois, the business has established itself as a key supplier of South Asian foods in recent years. This presents a unique opportunity for an investor to acquire a thriving business with a strong track record. Alternatively, the property's versatile layout allows for conversion into office spaces, providing flexibility for a variety of commercial uses. The property's prime location in the heart of Skokie Village ensures high visibility and accessibility, making it an attractive investment. The owner is motivated to sell and will consider all reasonable offers. This is a rare chance to own a well-established business and/or a versatile commercial property in a highly desirable location. The property is zoned for commercial use. Further details are available upon request.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.