Skokie, IL 60076 3421 Dempster Street
$699,000



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Presented By: @properties Christie's International Real Estate
Home Details
Fantastic opportunity with a proforma 11.7 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.
Presented By: @properties Christie's International Real Estate
Interior Features for 3421 Dempster Street
Other Interior Features
FlooringVaries
General for 3421 Dempster Street
Additional Parcels Y/NNo
Assoc Fee Paid PerNot Applicable
Cap Rate6.44
CitySkokie
Construction MaterialsBrick, Glass
CoolingCentral Air
CountyCook
Current UseCommercial, Medical/Dental
DirectionsDEMPSTER WEST OF MCCORMICK TO 3421-24 DEMPSTER...CORNER OF DEMPSTER AND TRUMBULL
ElectricCircuit Breakers, Service - 101 to 200 Amps
Gross Income79812
Leasable Area1600
Lease TypeN/A
Lot Size Square Feet7000
MLS AreaSkokie
Net Operating Income44728
Number Of Units Total1
Operating Expense0
PossessionClosing
Property SubtypeBusiness
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofMembrane, Reflective Coating, Rubber
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount28374
Tax Year2024
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Scavenger, Sewer, Varies by Tenant
TownshipNiles
UtilitiesElectric to Site, Natural Gas Available
Year Built1961
ZoningCOMMR
Exterior for 3421 Dempster Street
Building Area Total5200
Foundation DetailsConcrete Perimeter
Frontage TypeState Road
Lot Dimensions56 X 125
Additional Details
Price History

SQFT • 5,200