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5834 W Howard St 4,850 SF Industrial Building Skokie, IL 60077 $875,000 ($180.41/SF) 8.80% Cap Rate

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INVESTMENT HIGHLIGHTS

  • perfect 1031 candidate
  • Free Standing building
  • NNN investment, 8.8% cap

EXECUTIVE SUMMARY

Perfect 1031 candidate. Single tenant, 4850sf building in Skokie IL. Over 20 parking spaces. 8.8% CAP with 3% annual increase during option periods.

PROPERTY FACTS Under Contract

Price $875,000
Price Per SF $180.41
Sale Type Investment NNN
Cap Rate 8.80%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.81 AC
Rentable Building Area 4,850 SF
No. Stories 1
Year Built 1982
Tenancy Single
Parking Ratio 4.12/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 1

AMENITIES

  • Signage

UTILITIES

  • Gas - Natural
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-29-209-014-0000
Land Assessment
$38,537
Improvements Assessment
$35,580
Total Assessment
$74,117
  • Listing ID: 35832983

  • Date on Market: 5/12/2025

  • Last Updated:

  • Address: 5834 W Howard St, Skokie, IL 60077

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