This Multifamily Property is Off-Market.

8828 Niles Center Road
Skokie, IL 60077 ·

23 Units · Multifamily For Sale

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Skokie Gardens Condominiums

Price N/A Commission Split 1%
No. Units 23 Occupancy 70%
Building Size 36,832 SF No. Stories 7
Property Type Multifamily Year Built 2005
Property Sub-type
Mid/High-Rise
More...
  • Duplex/ Triplex/ Fourplex
Lot Size 1.50 AC
Property Use Type Investment Parking Ratio 3 / 1,000 SF
Listing ID: 14428769 Date Created: 12/06/2005 Last Updated: 03/18/2006

Description

INVESTORS DREAM - Architectural Masterpiece built first time in the Heart of Skokie North Shore. Solid steel and masonry built by Walsh Construction Group. 3 Billion Dollars company.

Total of 70 Luxury condominiums. 47 units were sold. Very low assesments. Heat and water included.Jumbo size units. Radient Heat. Energy efficient. No precast walls or bricks. High Security. Luxury Comes Standard. 2 bedrooms-2 bath and 3 bedrooms-2 bath condominiums. There are no words to describe the quality of this Masterpiece Architecture. These condominiums can produce excellent rents and cash flow. Excellent return on the equity. No R.E Taxes until 2007. Available 36,832 SF.(23 Mixed Units) Assesments as low as $164 per month.

Located right on the major intersection. Less than a mile from Edens( I-94) Expressway and less than a block from newly redesigned Skokie Swift Train Station. Across CTA bus stop is less than few yards away. Old Orchard shopping center(WesterField) is less than a mile away.24 Hours Walgreens is arround the corner. Bakery, Grocery, Gas Station, Banks, Convenience stores are within the walking distance.

Highlights

  • Excellent return on the equity
  • Luxury Comes Standard
  • Location Location Location-High Security-2 levels of indoor parking garage
  • Old Orchard shopping center(WesterField) is less than a mile away
  • 24 Hours Walgreens is around the corner
  • Total of 70 Luxury condominiums. All sold out.( 23 condos for resale)

Research

8828 Niles Center Road, Skokie, IL 60077 (Cook County)

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