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4835 Louise Strret 4835 Louise St 3,975 SF Vacant Industrial Building Skokie, IL 60077 $495,000 ($124.53/SF)

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INVESTMENT HIGHLIGHTS

  • Extra rental income from second-floor apartment
  • Heated Floor Interior parking capability in addition to two street spaces
  • Located near Downtown Skokie with excellent transportation access
  • Heated flooring and all-brick construction for durability
  • Zoned for mixed-use commercial and residential applications

EXECUTIVE SUMMARY

Priced at $495,000, this property represents an exceptional opportunity for buyers seeking a functional industrial space with added residential income. Possible owner financing adds flexibility for qualified purchasers, while the building’s unique features—such as heated floors and interior parking—set it apart in the local market. Its proximity to transportation corridors and Skokie’s vibrant commercial district ensures long-term value and operational efficiency. The 1st floor Warehouse area is 2745 Sq. Ft. with an overhead door. There is a basement 785 Square ft. and a second floor 2 bedroom apartment.
Zoned for mixed-use commercial and residential, the site supports a range of industrial applications and mail order distribution while prohibiting retail sales, ensuring a focused operational environment. With 24-hour access, air conditioning, and floor drains, this asset is well-equipped for specialized industrial use. Its strategic location near Aldi and Oakton St, and Skokie Blvd. plus major transportation routes and Downtown Skokie enhances connectivity and convenience, making it an attractive option for businesses seeking a central hub for your business or investors looking for a property with flexible use and income upside.

PROPERTY FACTS

Price $495,000
Price Per SF $124.53
Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type
Industrial
  • Flex Light Manufacturing
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 0.08 AC
Rentable Building Area 3,975 SF
No. Stories 2
Year Built/Renovated 1927/1995
Zoning Mix-Use - Commercial and Residential

AMENITIES

  • 24 Hour Access
  • Floor Drains
  • Air Conditioning
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-28-209-007-0000
Land Assessment
$4,298
Improvements Assessment
$43,089
Total Assessment
$47,387
  • Listing ID: 38636299

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: 4835 Louise St, Skokie, IL 60077

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