Fantastic opportunity with a proforma 10.51 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.
Details
MLS #
12112487
Listing Type
For Sale
Style
Retail/stores
Sub-Type
Resale
Status
Active
Year
1961
Days On Site
793
Listing Provided By
@properties Christie's International Real Estate | Christopher Demos
Features
SQ Feet
5,200
Story(s)
2
Units
1
Zoning
COMMR
Interior
Cooling
Central Air
Exterior
Roof
Membrane, Reflective Coating, Rubber
Foundation Details
Concrete Perimeter
Construction Materials
Brick, Glass
Utilities
Utilities
Electric to Site, Natural Gas Available
Electric
Circuit Breakers, Service - 101 to 200 Amps
Taxes
Tax Year
2024
Tax Annual Amount
28374
Area Information
State
IL
County
Cook
City
Skokie
Zip Code
60076
Area
Skokie
Sourced by Back At You
MLS Number: 12112487
Christopher Demos – (847) 707-1456 – chrisdemos@atproperties.com
@properties Christie's International Real Estate – (847) 692-5522
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MLS Number: 12112487
Christopher Demos – (847) 707-1456 – chrisdemos@atproperties.com
@properties Christie's International Real Estate – (847) 692-5522
