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3421 Dempster Street

Skokie, IL 60076
  • $699,000
  • STATUS: Active
  • ON SITE: 506 Days
  • MLS #: 12112487
UPDATED: 32 min ago
$699,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1961
County:
Area:

School Ratings & Info

Description

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.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2025-12-06T13:00:22.143 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3421 Dempster Street Skokie, IL 60076

  • Price: $699,000
  • Status: Active
  • On Site: 506 Days
  • Updated: 32 min ago
  • MLS #: 12112487
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1961
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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.
Exterior Features

Docks None Foundation Details Concrete Perimeter Frontage Type State Road Outdoor Parking 6-12 Spaces Roof MembraneReflective CoatingRubber Roof Structure Flat

Interior Features

Cooling Central Air Flooring Varies Heat Ventilation Forced Air Miscellaneous Inside Elevator/s PassengerInside Corridor/sMulti-TenantPrivate Restroom/sSkylight/sStorage InsideBasement Number Of TLDocks 0

Property Features

Additional Parcels YN No Association Fee Frequency Not Applicable Building Area Total 5200 Current Use CommercialMedical/Dental Electric Circuit BreakersService - 101 to 200 Amps Fire Protection None Gross Income 100440 Gross Scheduled Income 103992 Leasable Area 3015 Location Central Business DistrictCornerPublic Transport AvailFree Standing/UrbanHigh Traffic Area Mls Actual Status Active Net Operating Income 68908 Number Of Tenants 4 Operating Expense 0 Property Offered For Sale Only Property Sub Type Business Tax Annual Amount 28374 Tax Year 2024 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsuranceScavengerSewerVaries by Tenant Total Monthly Income 8370 Township Niles Type Retail/Stores Utilities Electric to SiteNatural Gas Available Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of @properties Christie?s International Real Estate: 847-692-5522.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty. Based on information submitted to the MRED as of 2025-12-06T13:00:22.143 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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