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- LoopNet Team
5151 Dempster St
Skokie, IL 60077
Budget Rent A Car · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
ABOUT 5151 DEMPSTER ST , SKOKIE, IL 60077
Subject is tenanted by Avis-Budget Car Rental and located on a signalized intersection on the southeast corner of Dempster Street and Gross Point Road (1/4 mile east of the Edens Expressway (I-94) four-way interchange). Rear of the property is an asphalt paved parking lot providing 23 parking spaces for storage of Budget's trucks and cars. Access to the property is via one curb cut along Gross Point Road as well as alleyways running along the south and east boundaries. Single Tenant: Avis Budget Car Rental, LLC, since 2008 Net Lease Investment will generate $90,490 income in 12 months ending 9/30/19. Tenant pays all RE Taxes 2nd of three (3) 5-year Extensions begins 10/1/18 3% Annual Escalations PIN: 10-21-201-036-0000 Land Area: 14,453sf - 129' frontage on Gross Point Road, 96' frontage on Dempster B3 Business District, 39' maximum height and 3.0 FAR as of right. Possible redevelopment into Mixed-Use Traffic Counts: 31,100/day on Dempster, 13,100/day on Gross Point Road Offer Price: $1,295,000 (7.0% cap on Year 1 net revenue)
PROPERTY TAXES
| Parcel Number | 10-21-201-036-0000 | Improvements Assessment | $34,450 |
| Land Assessment | $88,800 | Total Assessment | $123,250 |
PROPERTY TAXES
