7929 Lincoln AVE, Skokie, IL 60077
7929 Lincoln AVE, Skokie, IL 60077
7929 Lincoln AVE, Skokie, IL 60077
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$550,000
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2,815 SqFt
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7929 Lincoln AVE Skokie, IL 60077

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,815 sqft

Price per Sqft $195

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

Area Skokie

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Dan Kieres of  Northwest Real Estate Group 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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7929 Lincoln AVE