This exceptional 10,000-square-foot industrial building is situated in Skokie's thriving commercial east corridor at 7441 Channel Road. The property boasts a prime location offering convenient access to major transportation arteries, including Interstates I-90 and I-94, O'Hare International Airport, and Lake Shore Drive, making it easily accessible to the Northwestern suburbs. The building itself is meticulously maintained and comprises two distinct warehouse sections, each adaptable to a variety of uses. Two loading docks and one overhead garage door facilitate efficient loading and unloading operations. Approximately 2,500 square feet of office space provides ample room for administrative functions. The flexible floor plan allows for customization to suit diverse business needs, making it suitable for manufacturing, warehouse distribution, or even sports training facilities. The property sits on a 0.39-acre lot and includes ample parking. A significant upgrade has recently been completed with the installation of a brand-new sprinkler system, enhancing safety and security. The asking price for this exceptional property is $859,000. A pre-approval letter from a lender is required before interior access will be granted.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$5,928,640
Hospitality
$5,430,602
Educational
$4,518,198
Medical
$4,673,585
Retail
$7,028,307
Location Insight
City
Skokie
County
Cook
State
Illinois
Latitude
42.0165
Longitude
-87.7097
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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