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7848 Lincoln Ave 4,300 SF 100% Leased Office Building Skokie, IL 60077 $1,300,000 ($302.33/SF)
Executive Summary
Rare opportunity with 5 contiguous lots for better land use. NX zoned. Very close to downtown Skokie in Central Business District. Walking distance to Chase Bank, Skokie Theater, Skokie Library, Village Hall, Bank of America, lots of restaurants, Assorted Retailers, Specialty Stores. Close to CTA Yellow line station and I-90/94. Three lots with one building each. The remaining two lots are vacant. 7848 Lincoln was a real estate company with office setting. 7852 Lincoln Ave building was a Chan Hall and a three bedroom apartment. Buildings are serviceable. Basement needs work. Or you can tear down and build to suit. Please consult: Skokie Village-Zoning Chapter, Appendix A-use table for all the permitted and special uses
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,300 SF
Building Class
B
Year Built
1960
Price
$1,300,000
Price Per SF
$302.33
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
4,300 SF
Building FAR
0.27
Lot Size
0.36 AC
Zoning
Mix use - NX zoned. Can Build residential apartments above office space.
Parking
11 Spaces (2.56 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Global Corporate Brokers
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Global Corporate Brokers | Services | - | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $119,939 | |
| Land Assessment | $47,743 | Total Assessment | $167,682 |
Property Taxes
Parcel Numbers
Land Assessment
$47,743
Improvements Assessment
$119,939
Total Assessment
$167,682
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7848 Lincoln Ave
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