For Sale
$699,999

8309 Skokie BlvdSkokie, IL 60077

Three-Tenant Retail Building, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional retail property, located at 8309 Skokie Blvd in Skokie, IL 60077, presents a compelling investment opportunity. The 7,163 square foot building, constructed in 1971, is a single-story structure currently housing three tenants in a multi-tenant configuration under a gross lease. The property boasts a prime location in a high-traffic area, offering excellent visibility and accessibility for businesses. The spacious floor plan and ample parking provide convenience for both tenants and customers. The flexible zoning allows for a variety of uses, making it an adaptable space for diverse business ventures. The asking price is $699,999, translating to a price per square foot of $97.72. This represents a strong value proposition in a growing market. The property's Class C designation reflects its potential for renovation and value enhancement. This is a rare chance to acquire a well-situated retail building with significant upside potential in a desirable Cook County location. The property's multi-tenant structure provides a diversified income stream, minimizing risk and maximizing return on investment. Serious inquiries are encouraged to explore this promising opportunity further.

Highlights

  • High-traffic retail building for sale in Skokie, IL.
  • 7,163 square feet on a single story building.
  • Three (3) tenant spaces with a gross lease structure.
  • Asking price: $699,999 ($97.72/SF).
  • Property features ample parking and flexible zoning.

Property Details for 8309 Skokie Blvd

Property type
Retail properties, Retail space
Square Feet
7,163 SF
Class
C
Year Built
1971
Buildings
1
Stories
1
Units
3

Location Insight

City
Skokie
County
Cook
State
Illinois
Latitude
42.031973
Longitude
-87.746964
8309 Skokie Blvd, Skokie, Illinois

FAQs

What type of property is this?
Retail property - Three-Tenant Retail Building, High Traffic
Where is the retail property located?
The property is located at 8309 Skokie Blvd Skokie, IL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: High-traffic retail building for sale in Skokie, IL.; 7,163 square feet on a single story building.; Three (3) tenant spaces with a gross lease structure.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8309 Skokie Blvd
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