SQUARE FEET21,732
MLS#12753285
STATUSNew
PROPERTY TYPECommercial - Retail
Property 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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Individual
Lot Size: 1.09 Acres
Stories: 11.0
Year Built: 1956
Feature Descriptions
Current Use: Commercial
Electric: Service - 201 to 600 Amps
Fire Protection: Alarm On Site, Fire Extinguisher/s
Frontage Type: City Street
HVAC: Forced Air
Location: Public Transport Avail
Lot Dimensions: 376 X 125
Number of Tenant(s): 9
Parcel#: 10232040120000
Parking: 51-100 Spaces
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Scavenger
Units: 11
Listed By / Shown By
Listed By
Agency Name: HomeSmart Connect LLC
Agency Phone: 847-495-5000
Shown By
Agent Name: David Palmer
Agent Phone: (815) 566-2437
Agency Title: Gambino Realtors
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3353 Dempster Street | MLS# 12753285
This commercial property located at 3353 Dempster Street , Skokie, IL 60076 is currently listed for sale with an asking price of $3,499,888. Search Skokie real estate on dpalmer.gogambino.com today.