Property profile

8157 Monticello Ave Skokie, IL 60076

OFF-MARKET
Industrial properties
Property ID
US28-1386510
0.28 ac lot Built 1974
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,000-square-foot commercial property, situated on a 12,300-square-foot lot at 8157 Monticello Avenue in Skokie, Illinois, presents a unique investment opportunity. The building, suitable for various uses, boasts a prime location in Skokie's thriving industrial corridor, just blocks from an Amazon fleet station. The structure features two sections, offering versatile space for diverse business needs. Two overhead garage doors provide convenient access, while the 14-16-foot ceilings accommodate a range of equipment and storage solutions. The building's construction includes concrete and cinder block, ensuring durability and longevity. Approximately 1,100 square feet of office space is included, providing ample room for administrative functions. Its central location offers easy access to major roadways, including I-90 and I-94, Lake Shore Drive, and O'Hare Airport. Rear parking spaces and ample street parking are available. The flexible layout makes this property ideal for manufacturing, warehouse distribution, or even sports training facilities. This well-maintained building represents a compelling investment in a high-demand area. The asking price is $899,000. The property is zoned for commercial use and is located in Cook County, zip code 60076.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1974
Lot 0.28 ac (12,177 SF)
APN 10-23-325-041
UPID US28-1386510

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

8157 Monticello Ave Skokie, IL 60076-3325
Skokie metro Census 807600 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k

Owner & transaction history

since 2025
Last sale
$775,000
4 recorded transactions
2025
$775,000
2019
$380,000
2019
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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