8348 Lincoln Ave, Skokie, IL 60077-2436
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.
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William S. Digilio, DPM Physician
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Mattes Charles M DPM Physician
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Holistic Mental Health Partners Crisis Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.