Rare 1.01-acre prime commercial investment/redevelopment opportunity on Dempster St in Skokie, IL. This storefront-style neighborhood retail center offers immediate holding income with massive value-add potential. Fully leased with long-term tenants, providing stable cash flow from day one. Currently zoned B2 (Commercial Business) with strong potential to rezone to NX (Neighborhood Mixed-Use), creating a path for a multi-family redevelopment of 40-60 residential units over main-floor commercial/retail space. Listing team is available to assist with the rezoning process. Features 50+ surface parking spaces, offering excellent accessibility for patrons and future residents. Situated 16 miles NW of downtown Chicago's Loop with easy transit and expressway access. High-visibility location near Lake Michigan, completely outside 100- and 500-year flood zones. Financials, rent rolls, and plat of survey available upon request. Ideal for retail investors and developers alike.
Listed By
Agency Name: HomeSmart Connect LLC
Agency Phone: 847-495-5000
Shown By
Agent Name: Jean Crosby, Designated Managing Broker and Owner
Agent Phone: (815) 231-2900
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
3327-3361 Dempster Street | MLS# 12753285
This commercial property located at 3327-3361 Dempster Street, Skokie, IL 60076 is currently listed for sale with an asking price of $3,499,888. Search Skokie real estate on jean.bhhscrosby.com today.