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3718-3720 Dempster St
Skokie, IL 60076
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Prime location near Evanston and major interstates.
- Includes operating restaurant with stable income stream.
- Below-market rents offer strong upside potential.
- 3,500 sq. ft. vacant for value-add.
- New roof installed in 2020 reduces expenses.
EXECUTIVE SUMMARY
Investment/owner-user opportunity in the east side of Skokie Village to acquire a 6-unit retail plaza totaling 7,500 Sq. ft. Currently 2-units are leased with about 3,500 Sq. ft. vacant offering significant upside potential for owner-user or investors. Strategically located just minutes from Evanston and with convenient access to the Northwest suburbs, the property enjoys excellent connectivity to major thoroughfares and interstates including I-90, I-94, and I 294. The purchase offers buyers to acquires in operation restaurant. High visibility and accessibility in a well-established commercial corridor. The property has new roof installed in 2020. Below-market rents offer substantial upside potential. Adjacent City of Skokie public parking lot serves neighborhood businesses. Within short distance to Evanston and surrounding suburban markets. A chance to own a well-located retail asset in a thriving area with long-term growth potential.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,547 SF
Building Class
C
Year Built
1916
Price
$1,238,202 CAD
Price Per SF
$164.07 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.27 AC
Zoning
B-2
Parking
6 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
100’ on Dempster St
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $235,130 CAD | |
| Land Assessment | $97,881 CAD | Total Assessment | $333,011 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$97,881 CAD
Improvements Assessment
$235,130 CAD
Total Assessment
$333,011 CAD
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