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8309 Skokie Blvd Skokie, IL 60077-2546

OFF-MARKET Retail space Google Maps
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US28-4907705

Property summary

AI-generated overview

This 5,459 square foot building at 8309 Skokie Boulevard in Skokie, Illinois, presents a compelling retail investment opportunity. Located in a high-traffic area, the property boasts excellent visibility and accessibility, making it ideal for a variety of businesses. The spacious floor plan offers ample room for customization, allowing prospective buyers to tailor the space to their specific operational needs. Ample parking is available, ensuring convenient access for customers and employees. The flexible zoning allows for diverse uses, from retail stores and restaurants to salons and other commercial ventures. This presents a unique chance to establish a thriving business in a dynamic and growing market. The property is priced at $699,999 and sits on a 0-acre lot. Its prime location and versatile design make it an attractive proposition for entrepreneurs and investors seeking a strong foothold in a desirable commercial area. The building's size and layout provide significant potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
APN 10-22-306-032
UPID US28-4907705

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2014
3 recorded transactions
2019
Price N/A
2014
$643,000
1969
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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