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    3400 Main Street

    Skokie, IL 60076
    • $875,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 11049153
    UPDATED: 53 min ago
    $875,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    INVESTOR SPECIAL!! Here's your unique opportunity for a value-add neighborhood mixed-use building in Skokie with excellent visibility on Main Street! The property is located at the corner of Main Street and Kimball Avenue and consists of twelve (12) studio units each with exterior entrances, a common laundry room with washer and dryer and ten (10) surface parking spaces in the parking lot. Each unit is approximately 20' x 20'. This mixed use building currently is being leased as eight (8) residential units, one (1) for commercial use and three (3) are currently used for storage. Residential units are month to month. The age of the building is unknown, but the building was built in two parts with the newer half of the building being the northside (adjacent to the parking lot). New ownership has the opportunity to bring the leases to market rates in addition to seeking the appropriate approvals and/or variances from the Village of Skokie in order to use all twelve (12) units for residential or commercial purposes. There is HUGE potential to take this building/property to another income generating level! Being sold "As-Is, Where Is". Qualified buyers only!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-06T10:53:58.46 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3400 Main Street Skokie, IL 60076

    • Price: $875,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 11049153
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    Skokie
    County:
    Cook
    Area:
    Skokie
    Property Description
    INVESTOR SPECIAL!! Here's your unique opportunity for a value-add neighborhood mixed-use building in Skokie with excellent visibility on Main Street! The property is located at the corner of Main Street and Kimball Avenue and consists of twelve (12) studio units each with exterior entrances, a common laundry room with washer and dryer and ten (10) surface parking spaces in the parking lot. Each unit is approximately 20' x 20'. This mixed use building currently is being leased as eight (8) residential units, one (1) for commercial use and three (3) are currently used for storage. Residential units are month to month. The age of the building is unknown, but the building was built in two parts with the newer half of the building being the northside (adjacent to the parking lot). New ownership has the opportunity to bring the leases to market rates in addition to seeking the appropriate approvals and/or variances from the Village of Skokie in order to use all twelve (12) units for residential or commercial purposes. There is HUGE potential to take this building/property to another income generating level! Being sold "As-Is, Where Is". Qualified buyers only!
    Exterior Features

    Outdoor Parking 6-12 Spaces Parking Total 10

    Interior Features

    Basement Description None Cooling Window Unit(S) Electric Separate Meters Heat Ventilation Baseboard Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 0 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dryers 1 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Full Bathrooms Type4 1 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 1 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 1 Number Of Rooms Unit2 1 Number Of Rooms Unit3 1 Number Of Rooms Unit7 0 Number Of Units Apt Type1 8 Number Of Units Apt Type2 1 Number Of Units Apt Type3 1 Number Of Units Apt Type4 2 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 1

    Property Features

    Additional Parcels YN No Built Before1978 YN No Current Use Multi-FamilyOther Electric Expense 1413 Expense Year 2019 Fuel Expense 2300 Gross Income 79920 Gross Scheduled Income 79920 Insurance Expense 2318 Janitor Expense 0 Lot Size Dimensions 56'X125'X60'X125.1' Maintenance Expense 0 Monthly Income Max1 750 Monthly Income Max2 600 Monthly Income Max3 400 Monthly Income Max4 0 Operating Expense 23918 Other Expense 1042 Tax Annual Amount 14702 Tax Year 2019 Tenant Pays Electricity Total Monthly Income 6660 Trash Expense 533 Type Multi Family Flats Water Sewer Expense 1610

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-06T10:53:58.46 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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