3425 Dempster St - Office FOR SALE


Skokie, IL 60076
$699,000 USD
847-707-1456
3425 Dempster St, Skokie, IL for Sale
$699,000 USD
Office - FOR SALE
1/49
null | 9.86% Cap Rate

3425 Dempster St
Skokie, IL 60076


HIGHLIGHTS

  • Corner
  • Post signage
  • Off-street parking
  • Public parking
  • Individual HVAC

OVERVIEW

Fully leased with a 9.8% 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 (one tenant)3425 (two tenants) Dempster and 8755 Trumbull (one tenant). 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 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.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

9.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

B-2

APN/PARCEL ID

10-23-203-047-0000

ASK ABOUT THIS PROPERTY

Christopher Demos@propertiesMore Info
847-707-1456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Christopher Demos@propertiesMore Info
847-707-1456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.