8018-8020 Lincoln Ave - Restaurant FOR SALE


Skokie, IL 60077
$699,000 USD
773-983-1553
8018-8020 Lincoln Ave, Skokie, IL for Sale
$699,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

8018-8020 Lincoln Ave
Skokie, IL 60077


OVERVIEW

Rare Downtown Skokie Opportunity in the core "Central Business District". One Story Retail Type property (8018-20 Lincoln) is two separate buildings combined & used as one (could easily be separated). Approx 2,500 Sq Ft + basement under north building. Formerly used as a restaurant and ready to go for a new qualified operator; all restaurant equipment & furnishing will remain w/ building (if desired). Restaurant seats approx 100 inside and another 60-80 in the outside garden area. Superb location with numerous Village parking lots only steps away and next to the new 12 story luxury apartment bldg w/ 153 units. Plus, only a block to the Illinois Science & Technology Park w/ approx 1,600 workers. Plus, much new development in and around the downtown area. Rear of lot could accommodate add'l parking spaces in desired. TRULY "a One in a Million $ Location". Annual real estate taxes $23,921. Annual insurance about $3,000.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Restarant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,658 SF

ZONING

CX Core Mixed Use

APN/PARCEL ID

10-21-413-031-0000

ASK ABOUT THIS PROPERTY

Mark AhmadCentury 21 Circle CommercialMore Info
773-983-1553

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Mark AhmadCentury 21 Circle CommercialMore Info
773-983-1553

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