For Sale
$749,000

3421 Dempster St Skokie, IL 60076

High-potential 5,200 sq ft building, 7 parking spaces.

Overview

Added:
Feb 3
Days on market:
78
This exceptional 5,200 square foot building presents a compelling value-add opportunity in Skokie's vibrant east Dempster Street business corridor. The property, encompassing 3421-25 Dempster and 8755 Trumbull, offers significant potential for conversion to a mixed-use development. Currently configured as a boutique retail/office building, it features highly flexible floor plans and ample storage space. The building is comprised of three separate units. Two units are currently available for lease: a 1,400+ square foot space at 3425 Dempster Street (first floor) and a 1,600 square foot space at 8755 Trumbull Avenue. The remaining units are tenant-occupied. Each unit boasts its own forced-air HVAC system, with tenants responsible for their respective utilities. Seven off-street parking spaces are provided, supplemented by a nearby public parking lot. The property benefits from a recently certified roof featuring a brand-new reflective coating, ensuring long-term cost efficiency. This prime location and the building's adaptable layout make it an ideal investment for discerning buyers seeking a strong return on investment. The high likelihood of mixed-use conversion further enhances its appeal and future potential.

Property Details for 3421 Dempster St

Property type
Commercial real estate
Square Feet
5,200 SF
Year Built
1961

Location Insight

City
Skokie
County
Cook
State
Illinois
Latitude
42.0407
Longitude
-87.71429

FAQs

What type of property is this?
Commercial real estate - High-potential 5,200 sq ft building, 7 parking spaces.
Where is the commercial real estate located?
The property is located at 3421 Dempster St Skokie, IL.
What is the asking price?
The asking price for this property is $749,000.
How can I contact the broker?
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3421 Dempster St
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