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Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12112487MLS Provider

3421 Dempster StreetSkokie, IL 60076

Commercial · 5,200 Sq. ft.
$674,000 Active

3421 Dempster Street Overview

Time on Site:
713 days
Visits:
8

Fantastic opportunity with a proforma 11.7 CAP Rate. 4 unit retail/office building with GREAT exposure (nearly 30,000 vehicles per day) located within the east Dempster St. business corridor in Skokie! Encompassed in this 5200 sq. ft. boutique retail/office building is 3421 Dempster (one tenant) 3425 Dempster (two tenants) and 8755 Trumbull (one tenant/currently vacant). Each tenant has their own HVAC (forced air) and they are responsible for utilities. The building offers very flexible floorplans and has some additional storage too. The building has 7 off-street parking spaces and a public parking lot to the east of this building and great signage. The roof was certified and has a brand new reflective coating. NOTE: The potential for converting this building to Mixed-Use is HIGHLY likely! See financials, photos and floor plans attached.

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3421 Dempster Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,200
  • Price/Sq.ft. $130

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: N/A
  • Gross Income: 79812
  • Gross Scheduled Income: 79812
  • Net Operating Income: 44728
  • Operating Expense: 0

Building Information

  • Year Built: 1961

Business Information

  • Current Use: Commercial,Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Skokie
  • Township: Niles

Parking Information

  • Parking Ratio: 1.35

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Scavenger, Sewer, Varies by Tenant

Tax Information

  • Tax Annual Amount: $28,374.00
  • Tax Year: 2024

General Information

  • Parcel Number: 10232030470000
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 5200

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Flooring: Varies
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 1600
  • Stories: 2

Unit Information

  • Unit SqFt.: 5200

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: State Road
  • Lot Size Dimensions: 56 X 125
  • Lot Size Square Feet: 7000

Building Exterior/Construction

  • Construction Materials: Brick, Glass
  • Roof: Membrane, Reflective Coating, Rubber

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available

3421 Dempster Street Neighborhood

Community

60076 (Skokie) Demographics

44
Median Age
5,864
Population Density (per sq. mile)
58%
College Educated
$79,359
Estimated Median Income
8,353
Estimated Total Home Owners
2,440
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3421 Dempster Street Monthly Cost

$
$ %
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$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3421 Dempster Street Market Data

Based on the last 30 days in this zip code

$609,809
Average List Price
$342
Average Price per Square Foot
27
Properties Sold
47
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

3421 Dempster Street History

Date Event Value Agent
6/12/2026Source: MRED Status Change
Active
6/7/2026Source: MRED Price Reduction
$674,000 -3.6%
6/7/2026Source: MRED Status Change
Price Change
4/15/2025Source: MRED Status Change
Active
4/10/2025Source: MRED Price Reduction
$699,000 -6.7%
4/10/2025Source: MRED Status Change
Price Change
10/21/2024Source: MRED Status Change
Active
10/17/2024Source: MRED Price Reduction
$749,000 -9.2%
10/17/2024Source: MRED Status Change
Price Change
7/22/2024Source: MRED Status Change
Active
7/17/2024Source: MRED Added to Database
July 17, 2024