8046 Lincoln Ave Skokie, IL 60077
Property profile & analytics
8046 Lincoln Ave Skokie, IL 60077
- Retail space
- 0.15 lot acres
Property ID
US28-2406979
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 8046 Lincoln Ave
- Year built
- 1954
- Lot size
- 0.15 lot acres
- Property type
- Retail space
- APN
- 10-21-413-019
- APU
- 1021413019
Description
This exceptional investment opportunity presents a fully leased, four-unit retail building situated in the heart of downtown Skokie, Illinois. The property, located at 8046 N Lincoln Avenue, boasts a total of 6,326 square feet and sits on a prime corner lot, ensuring maximum visibility and accessibility. Currently enjoying 100% occupancy, the building features strong, reliable tenants, providing a consistent stream of income and minimizing management demands. Each of the four units is designed to attract and retain high-quality tenants, offering versatility for a diverse range of retail businesses. The vibrant and bustling location in downtown Skokie guarantees high foot traffic, ensuring consistent customer flow for tenants. This translates to a stable and lucrative investment, ideal for both seasoned investors seeking to expand their portfolio and those new to commercial real estate looking for a low-management, high-return property. The solid brick construction ensures durability and longevity, further enhancing the value of this exceptional investment opportunity. The asking price for this prime retail property is $1,000,000. This represents a compelling opportunity to acquire a well-established, income-producing asset in a thriving downtown location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Skokie
- County
- Cook
- State
- Illinois
- Longitude
- -87.755
- Latitude
- 42.0277
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$40,110
$22,802
$105,869
$128,671
-
$91,208
$423,476
$514,684
