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847-360-9700

5151 W Dempster Street, Skokie IL, 60077

(Active)
$850,000
|
1,880 sqft
|
MLS# 08467595
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Listing Provided Courtesy Of: Hallmark & Johnson Properties
Last Updated: 7/23/2014 10:35 PM
Description for 5151 W Dempster Street Skokie, IL 60077
Incredible 14,500 sq. ft. stoplight corner just east of the Edens (I-94) 4 way interchange (SEC Dempster and Gross Point Road) 53,000 cars/day. Long term lease to Budget/Avis with net inc of $77,000 per year (9.1% cap rate plus 3% annual increases) Tenant has option to cancel lease with 6 month notice but has been at same location for 20 years.
Price
$850,000
Cook
1,880 (approx)
08467595
Active
Description
Incredible 14,500 sq. ft. stoplight corner just east of the Edens (I-94) 4 way interchange (SEC Dempster and Gross Point Road) 53,000 cars/day. Long term lease to Budget/Avis with net inc of $77,000 per year (9.1% cap rate plus 3% annual increases) Tenant has option to cancel lease with 6 month notice but has been at same location for 20 years.
Listing Information
Property Type: Retail
1,880 (approx) 1
Neighborhood
Room Information
Exterior / Lot Features
None
96X129
COMMR
Driving Directions
Southeast corner of Dempster and Gross Point Road just east of the Edens I-94 4-way interchange
Financial Considerations
10212010360000
$22,059
Listing Price History

Skokie Real Estate

Skokie is located in Illinois. Skokie, Illinois 60077 has a population of  64,784.

The median household income in Skokie, Illinois 60077 is $64,630. The median household income for the surrounding county is $53,127 compared to the national median of $50,935. The median age of people living in Skokie 60077 is 42.6 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Hallmark & Johnson Properties
MLS logo
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392385 - Real Living Properties
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