8106 Lincoln Avenue, Skokie, IL 60077 | Listings

8106 Lincoln Avenue, Skokie, IL 60077

  • $850,000
  • Year Built: 1901
  • Commercial
  • Listing #11264352

Property Description

Outstanding opportunity in the heart of booming downtown Skokie! A+ Location, upgraded, expanded and meticulously cared for are just a few of factors that make this the rock solid live/work set up and/or investment opportunity. Highlights include: 2nd level luxury apartment with 3 bed (plus Office) 2 baths and over 2,100 sq ft of Living space (currently rented M-T-M for $2,750/M); 1st level is HIGH VISIBILITY commercial space is currently a Day Care with approximately 2000 sq ft of space including office, Kitchen area and more. Lower Level is approx 1,332 sq ft (6 ft ceiling) is used for storage. **Property may be eligible for Skokie's retail enhancement grant** Location: Downtown Skokie is the beneficiary of a major revitalization including a new construction 153 unit luxury rental building just a 3 minute walk from this property(Delivery Q1 2022). Skokie Swift is an 11 minute walk and xpressway is 8 minute drive. Businesses within walking distance include; Illinois Science and Tech Park; Sketchbook Brewery, and coming soon Take Flight Distillery, etc. What's more? Building is located adjacent to Skokie TIF district with tons of new residential and commercial developments planned and or happening. Owners are selling to maximize efficiency with multiple locations. Detailed financial report with CAP RATE, CASH- FLOW projections,etc. available upon request.

Listing Details

Price$850,000
Year Built1901
Property TypeCommercial
Listing #11264352
StatusActive
CountyCook
Listing TypeFor Sale

Interior Features

FloorsVinyl
Heating and CoolingCentral Air

Exterior Features

ExteriorBrick
RoofRubber

Miscellaneous

MLS AreaSkokie

Virtual Tour

Virtual Tour URLhttps://real.vision/8106-lincoln-avenue?o=u

Courtesy of Patrick McEneely, @properties

mred© Midwest Real Estate Data LLC 2021. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
This content last updated on 12/5/2021 4:52 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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