$3,499,888

3327-3361 Dempster Street, Skokie IL, 60076

Lot size1.09 Acres

Property typeLand

Listed by Ivelina Stoyanova with HomeSmart Connect LLC 312-493-8327

Overview

Active

New

Listed Sep 12, 2026

Updated 4 days ago

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.

Other Property Details

Taxes: $108,900
Tax Frequency: Annually

Listed by Ivelina Stoyanova with HomeSmart Connect LLC 312-493-8327

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