3421 Dempster St Skokie, IL 60076

0.16 ac lot Built 1956

Entity Owned 3-yr Hold Free & Clear

Property ID

US28-2426847

$674,000

3421 Dempster St, Skokie, IL 60076
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This exceptional 5,200 square foot building presents a compelling value-add opportunity in Skokie's vibrant east Dempster Street business corridor. The property, encompassing 3421-25 Dempster and 8755 Trumbull, offers significant potential for conversion to a mixed-use development. Currently configured as a boutique retail/office building, it features highly flexible floor plans and ample storage space. The building is comprised of three separate units. Two units are currently available for lease: a 1,400+ square foot space at 3425 Dempster Street (first floor) and a 1,600 square foot space at 8755 Trumbull Avenue. The remaining units are tenant-occupied. Each unit boasts its own forced-air HVAC system, with tenants responsible for their respective utilities. Seven off-street parking spaces are provided, supplemented by a nearby public parking lot. The property benefits from a recently certified roof featuring a brand-new reflective coating, ensuring long-term cost efficiency. This prime location and the building's adaptable layout make it an ideal investment for discerning buyers seeking a strong return on investment. The high likelihood of mixed-use conversion further enhances its appeal and future potential.