SQUARE FEET21,732
MLS#12753285
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
Rare 1.01-acre prime commercial investment/redevelopment opportunity on Dempster St in Skokie, IL. This storefront-style neighborhood retail center offers immediate holding income with massive value-add potential. Fully leased with long-term tenants, providing stable cash flow from day one. Currently zoned B2 (Commercial Business) with strong potential to rezone to NX (Neighborhood Mixed-Use), creating a path for a multi-family redevelopment of 40-60 residential units over main-floor commercial/retail space. Listing team is available to assist with the rezoning process. Features 50+ surface parking spaces, offering excellent accessibility for patrons and future residents. Situated 16 miles NW of downtown Chicago's Loop with easy transit and expressway access. High-visibility location near Lake Michigan, completely outside 100- and 500-year flood zones. Financials, rent rolls, and plat of survey available upon request. Ideal for retail investors and developers alike.
Property Features
Property Type: Commercial - Retail
Cooling: Central Individual
Lot Size: 1.09 Acres
Stories: 11.0
Year Built: 1956
Feature Descriptions
Current Use: Commercial
Electric: Service - 201 to 600 Amps
Fire Protection: Alarm On Site, Fire Extinguisher/s
Frontage Type: City Street
HVAC: Forced Air
Location: Public Transport Avail
Lot Dimensions: 376 X 125
Number of Tenant(s): 9
Parcel#: 10232040120000
Parking: 51-100 Spaces
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Scavenger
Units: 11
Listed By / Shown By
Listed By
Agency Name: HomeSmart Connect LLC
Agency Phone: 847-495-5000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
© 2026 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of HomeServices of America, Inc. ®
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3327-3361 Dempster Street | MLS# 12753285
This commercial property located at 3327-3361 Dempster Street, Skokie, IL 60076 is currently listed for sale with an asking price of $3,499,888. Search Skokie real estate on www.bhhscrosby.com today.