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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 674,000

Est. payment -/mo

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Price Dropped by $25K

3421 Dempster ST Skokie, IL 60076

5,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $129

MLS Listing ID 12112487

Year Built 1961

Annual Tax Amount $28,374

Tax Year 2024

Lot Dimensions 56 X 125

Property Sub-Type Retail/Stores

Property Description

Fantastic opportunity with a proforma 11.7 CAP Rate. 4 unit retail/office building with GREAT exposure (nearly 30,000 vehicles per day) located within the east Dempster St. business corridor in Skokie! Encompassed in this 5200 sq. ft. boutique retail/office building is 3421 Dempster (one tenant) 3425 Dempster (two tenants) and 8755 Trumbull (one tenant/currently vacant). Each tenant has their own HVAC (forced air) and they are responsible for utilities. The building offers very flexible floorplans and has some additional storage too. The building has 7 off-street parking spaces and a public parking lot to the east of this building and great signage. The roof was certified and has a brand new reflective coating. NOTE: The potential for converting this building to Mixed-Use is HIGHLY likely! See financials, photos and floor plans attached.

Location

State IL

County Cook

Area Skokie

Zoning COMMR

Interior

Cooling Central Air

Flooring Varies

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Roof Type Membrane,Reflective Coating,Rubber

Building

Dwelling Type Retail/Stores

Structure Type Brick,Glass

Listed by Christopher Demos of @properties Christie's International Real Estate

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

My Recent Experience with an Unauthorised Land Seller About 6 months ago, I received an email from (let's call him) Charlie. A "nothing out of the ordinary" email from a common (and mildly validating) charlie.....@hotmail stating: "I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell the lot. If you could please provide me with a market valuation, that would be great. We are looking to make a quick decision on this. Thank you, Charlie"

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005, USA