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Listed by Dan Kieresof Northwest Real Estate Group
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Est. payment /mo
New
7929 Lincoln AVE Skokie, IL 60077
2,815 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,815 sqft
MLS Listing ID 12691261
Year Built 1956
Annual Tax Amount $32,058
Tax Year 2023
Lot Dimensions 50X125
Property Sub-Type Mixed Use
Property Description
Prime investment opportunity in the heart of Skokie! This exceptionally well-maintained, income-producing two-unit commercial building offers the ideal combination of stable cash flow and long-term upside. Both spaces are occupied by established, long-term tenants, providing immediate, reliable income from day one. Each unit includes dedicated basement storage, while the expansive rear parking lot offers 14 on-site parking spaces-an outstanding amenity for tenants and customers alike. Tenants are responsible for their own utilities and contribute toward the real estate taxes, helping to minimize ownership expenses and maximize returns. Ideally situated in a high-visibility, high-traffic location, the property is surrounded by prominent businesses and community destinations, including Chase Bank, Skokie Theatre, Skokie Public Library, Village Hall, Bank of America, popular restaurants, charming local shops, and established residential neighborhoods. Excellent accessibility to Interstates I-90 and I-94 provides convenient connections throughout the North Shore and Northwest suburbs, downtown Chicago, and O'Hare International Airport. Whether you're expanding your investment portfolio or seeking a property for future owner-occupancy, this turnkey asset delivers dependable income, exceptional location, and outstanding long-term growth potential. HURRY!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick

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