7929 Lincoln Ave

Skokie, IL 60077
  • $550,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 2,815

    SqFt

About the Listing 26993 - 253294

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!

Listing Highlights

Status Active
Days on Site 15
Property Type Commercial Sale
MLS ® 12691261
Year Built 1956
Total Square Footage 2,815
Lot/Acreage 0.14
County Cook

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Heat/Indiv Controls
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 50X125
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 13-18 Spaces

Financial Details

  • Tax Amount: $32,058
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 10282000520000
  • Tax Year: 2023

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Questions About..

7929 Lincoln Ave Skokie, IL 60077

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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