Description
Outstanding opportunity in the heart of booming downtown Skokie! A+ Location, upgraded, expanded and meticulously cared for are just a few of factors that make this the rock solid live/work set up and/or investment opportunity. Highlights include: 2nd level luxury apartment with 3 bed (plus Office) 2 baths and over 2,100 sq ft of Living space (currently rented M-T-M for $2,750/M); 1st level is HIGH VISIBILITY commercial space is currently a Day Care with approximately 2000 sq ft of space including office, Kitchen area and more. Lower Level is approx 1,332 sq ft (6 ft ceiling) is used for storage. **Property may be eligible for Skokie's retail enhancement grant** Location: Downtown Skokie is the beneficiary of a major revitalization including a new construction 153 unit luxury rental building just a 3 minute walk from this property(Delivery Q1 2022). Skokie Swift is an 11 minute walk and xpressway is 8 minute drive. Businesses within walking distance include; Illinois Science and Tech Park; Sketchbook Brewery, and coming soon Take Flight Distillery, etc. What's more? Building is located adjacent to Skokie TIF district with tons of new residential and commercial developments planned and or happening. Owners are selling to maximize efficiency with multiple locations. Detailed financial report with CAP RATE, CASH- FLOW projections,etc. available upon request.
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