Description
Rare 1.01-acre prime commercial investment/redevelopment opportunity on Dempster St in Skokie, IL. This storefront-style neighborhood retail center offers immediate holding income with massive value-add potential. Fully leased with long-term tenants, providing stable cash flow from day one. Currently zoned B2 (Commercial Business) with strong potential to rezone to NX (Neighborhood Mixed-Use), creating a path for a multi-family redevelopment of 40-60 residential units over main-floor commercial/retail space. Listing team is available to assist with the rezoning process. Features 50+ surface parking spaces, offering excellent accessibility for patrons and future residents. Situated 16 miles NW of downtown Chicago’s Loop with easy transit and expressway access. High-visibility location near Lake Michigan, completely outside 100- and 500-year flood zones. Financials, rent rolls, and plat of survey available upon request. Ideal for retail investors and developers alike.
- Land
Property Type
Property Documents
Property Overview
-
Property ID 12757874
-
Price $3,499,888
-
Land Area 1.09 Acres
-
Garage Size x x
-
Property Status Active
-
Property Type Land
Energy Ratings
Top amenities
Layout Details
Estimate Payments
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees
Schedule a visit
Immersive Experience
Get Expert Assistance
3330 W Evergreen Avenue, Chicago, IL 60651
- Beds: 2
- Bath: 1
5608 Prairie Rose Lane, Johnsburg, IL 60051
- $584,900
- Beds: 4
- Baths: 4
403 Cobblestone Parkway, Bourbonnais, IL 60914
- $368,900
- Beds: 2
- Baths: 2
758 Dover Street, Pingree Grove, IL 60140
- $399,900
- Beds: 4
- Baths: 3