4835 Louise St - Industrial FOR SALE


Skokie, IL 60077
$495,000 USD
407-936-2400
4835 Louise St, Skokie, IL for Sale
$495,000 USD
Industrial - FOR SALE
1/2
null | Request Cap Rate

Jan '26


4835 Louise St
Skokie, IL 60077


HIGHLIGHTS

  • Extra rental income from second-floor apartment
  • Heated flooring and all-brick construction for durability
  • Heated Floor Interior parking capability in addition to two street spaces
  • Zoned for mixed-use commercial and residential applications
  • Located near Downtown Skokie with excellent transportation access

OVERVIEW

Priced at $495,000, this property represents an exceptional opportunity for buyers seeking a functional industrial space with added residential income. Possible owner financing adds flexibility for qualified purchasers, while the building’s unique features—such as heated floors and interior parking—set it apart in the local market. Its proximity to transportation corridors and Skokie’s vibrant commercial district ensures long-term value and operational efficiency. The 1st floor Warehouse area is 2745 Sq. Ft. with an overhead door. There is a basement 785 Square ft. and a second floor 2 bedroom apartment. Zoned for mixed-use commercial and residential, the site supports a range of industrial applications and mail order distribution while prohibiting retail sales, ensuring a focused operational environment. With 24-hour access, air conditioning, and floor drains, this asset is well-equipped for specialized industrial use. Its strategic location near Aldi and Oakton St, and Skokie Blvd. plus major transportation routes and Downtown Skokie enhances connectivity and convenience, making it an attractive option for businesses seeking a central hub for your business or investors looking for a property with flexible use and income upside.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4835 Louise Strret

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08

LAND SF

3,306

ZONING

Mix-Use

APN/PARCEL ID

10-28-209-007-0000

ASK ABOUT THIS PROPERTY

Gary MichaelSylvia InternationalMore Info
407-936-2400

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Gary MichaelSylvia InternationalMore Info
407-936-2400

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