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3704-3716 W Dempster St
11,250 SF 47% Leased Retail Building Skokie, IL 60076 £671,508 (£60/SF) 7.32% Net Initial Yield
Investment Highlights
- Ideal for any retail, medical or office use.
- Additional parking next door at the Skokie public lot.
- Each suite has two dedicated spaces behind the building
- Former Restaurant space has black iron
Executive Summary
This retail strip center is 70% leased with a value add opportunity by upgrading the vacant units and leasing them out.
This property is being sold AS-IS and the sale price is reflective of that.
Please email or call us for additional information.
Financial Summary (Actual - 2020) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£106,168
|
£9.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£106,168
|
£9.44
|
| Taxes |
£43,198
|
£3.84
|
| Operating Expenses |
£13,847
|
£1.23
|
| Total Expenses |
£57,044
|
£5.07
|
| Net Operating Income |
£49,124
|
£4.37
|
Financial Summary (Actual - 2020)
| Gross Rental Income | |
|---|---|
| Annual | £106,168 |
| Annual Per SF | £9.44 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £106,168 |
| Annual Per SF | £9.44 |
| Taxes | |
|---|---|
| Annual | £43,198 |
| Annual Per SF | £3.84 |
| Operating Expenses | |
|---|---|
| Annual | £13,847 |
| Annual Per SF | £1.23 |
| Total Expenses | |
|---|---|
| Annual | £57,044 |
| Annual Per SF | £5.07 |
| Net Operating Income | |
|---|---|
| Annual | £49,124 |
| Annual Per SF | £4.37 |
Property Facts
Amenities
- 24 Hour Access
- Restaurant
- Signalised Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Highly visible office space available on high traffic Dempster Street (30,000 Vehicles per Day). Currently built out as an office with multiple private offices, plus a waiting and reception area. Dedicated parking in the rear. Additional parking in front and next door at the Skokie public lot. Easy access to highway! Ideal for any office or medical user.
1,260 SF retail/office space available on high-traffic Dempster Street (30,000 vehicles per day). Strip center location with excellent visibility. Dedicated parking space behind the building. Additional parking in front and next door at the Skokie public lot. Ideal for any retail, medical or office user.
| Space | Size | Space Use | Position | Available |
| 3706 | 1,102 SF | Office | - | Now |
| 3716 | 1,260 SF | Retail | - | Now |
3706
| Size |
| 1,102 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
3716
| Size |
| 1,260 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3706
| Size | 1,102 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Highly visible office space available on high traffic Dempster Street (30,000 Vehicles per Day). Currently built out as an office with multiple private offices, plus a waiting and reception area. Dedicated parking in the rear. Additional parking in front and next door at the Skokie public lot. Easy access to highway! Ideal for any office or medical user.
3716
| Size | 1,260 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
1,260 SF retail/office space available on high-traffic Dempster Street (30,000 vehicles per day). Strip center location with excellent visibility. Dedicated parking space behind the building. Additional parking in front and next door at the Skokie public lot. Ideal for any retail, medical or office user.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 10-14-311-051-0000 | Total Assessment | £227,049 (2024) |
| Land Assessment | £96,588 (2024) | Annual Taxes | £43,198 (£3.84/sf) |
| Improvements Assessment | £130,461 (2024) | Tax Year | 2020 |
PROPERTY TAXES
-
Aaron Kaplan -
Leibel Moscowitz -
Vandon Forbes LLC
Presented by
3704-3716 W Dempster St
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