SQUARE FEET2,815
MLS#12691261
STATUSNew
PROPERTY TYPECommercial - Business
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!
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.14 Acres
Stories: 1.0
Taxes: $32,058
Year Built: 1956
Feature Descriptions
Current Use: Commercial
Electric: Circuit Breakers, Service - 0 to 100 Amps, Service - 101 to 200 Amps
Exterior: Brick
Fire Protection: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 50X125
Miscellaneous Indoor: Multi-Tenant, Public Restroom/s, Storage Inside, Basement
Number of Tenant(s): 2
Parcel#: 10282000520000
Parking: 13-18 Spaces
Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Scavenger, Sewer
Units: 2
Listed By / Shown By
Listed By
Agency Name: Northwest Real Estate Group
Agency Phone: 773-329-0377
Shown By
Agent Name: Pat Bellinghiere
Agent Phone: (815) 871-1745
Agency Title: Gambino Realtors
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7929 Lincoln Avenue | MLS# 12691261
This commercial property located at 7929 Lincoln Avenue , Skokie, IL 60077 is currently listed for sale with an asking price of $550,000. Search Skokie real estate on pbellinghiere.gogambino.com today.