Skokie, IL 60076
$3,499,888
Mark Quesada
Broker / Owner
LIC #475144827
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.
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$25,830/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Ivelina Stoyanova, HomeSmart Connect LLC
MLS# MRD12757874 · Active
$510,000
Median sale price
21 days
Avg days on market
100.4% of list
Sells for
Closed sales in 60076 over the last 6 months, all home types.
Construction
Lot & parking
Utilities
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
