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Dempster & Niles Center Rd - Development Site 4835 Dempster St 4,000 SF Vacant Retail Building Skokie, IL 60077 $1,300,000 ($325/SF)
INVESTMENT HIGHLIGHTS
- hard corner
- sale or lease
EXECUTIVE SUMMARY
4835 W Dempster in Skokie is a single-story, 4,000 square foot commercial building available for redevelopment on a .27 acre parcel. The property is at the southwest corner of Dempster Street and Niles Center Road seeing over 36,000 vehicles per day. Population in the 2-mile radius is 85,803 with an average household income of $110,553 increasing to 524,342 residents in the 5-mile radius with an AHI of $116,064. Bus route #54A, 97 and 250 provide daily service to the property.
The property is two blocks east of the Skokie Swift (Yellow Line Train) providing service to Chicago's Red Line and Purple Line trains. The 4-lane interchange at I-94 (Edens Expressway) and Dempster Street is 0.6 miles to the west. Endeavor Health Skokie Hospital is 1.3 miles to the north. The property neighbors Kaufman's Bagel, Oberweis Ice Cream, McDonald's and numerous other retailers. Zoned B-3. Also available as land (FOR SALE OR FOR LEASE)
The property is two blocks east of the Skokie Swift (Yellow Line Train) providing service to Chicago's Red Line and Purple Line trains. The 4-lane interchange at I-94 (Edens Expressway) and Dempster Street is 0.6 miles to the west. Endeavor Health Skokie Hospital is 1.3 miles to the north. The property neighbors Kaufman's Bagel, Oberweis Ice Cream, McDonald's and numerous other retailers. Zoned B-3. Also available as land (FOR SALE OR FOR LEASE)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1955
Price
$1,300,000
Price Per SF
$325
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.34
Lot Size
0.27 AC
Zoning
B-3 - May be re-zoned for residential or mixed use property.
Parking
12 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 10-21-203-070-0000 | Improvements Assessment | $18,092 |
| Land Assessment | $61,908 | Total Assessment | $80,000 |
PROPERTY TAXES
Parcel Number
10-21-203-070-0000
Land Assessment
$61,908
Improvements Assessment
$18,092
Total Assessment
$80,000
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Dempster & Niles Center Rd - Development Site | 4835 Dempster St
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