8348 Lincoln Ave Skokie, IL 60077-2436
Property summary
This meticulously maintained, 1,200 square foot freestanding medical office building at 8348 Lincoln Avenue in Skokie, Illinois, presents a unique investment opportunity. Currently configured as a podiatrist's office, the single-story structure boasts a welcoming reception area and a spacious waiting room, complemented by four private offices and substantial storage space. The property's high-visibility location ensures excellent exposure, and ample parking is readily available for patients and staff. The NX zoning designation offers considerable flexibility, allowing for a variety of uses beyond medical practices. Potential uses include an outpatient clinic, professional office space, or even a retail establishment. Furthermore, the zoning allows for the possibility of developing residential units above the existing structure, significantly expanding the potential return on investment. This property is ideally situated in Skokie, offering convenient access to major transportation routes and a thriving local community. The building's excellent condition and versatile zoning make it an attractive prospect for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. This is a chance to acquire a well-maintained property in a prime location with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Crisis Center Medical Clinic
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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