3718-3724 Dempster Street

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3718-3724 Dempster Street

Skokie, IL 60076
Asking Price
$799K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The asset is available for purchase at $799,000
  • Located at 3718-3724 Dempster Street in Skokie
  • The property is categorized as a retail storefront
  • It is situated within the active Chicago metropolitan region
  • The site serves as a versatile space for local businesses

What's Special

Priced at $799,000, this storefront retail asset sits at 3718-3724 Dempster Street in Skokie, Illinois. The property serves as a versatile commercial space within a established retail corridor, offering functional square footage for various business operations. Investors and operators often target this region for its access to major thoroughfares and proximity to the broader Chicago metropolitan area, which supports a consistent flow of local commerce and consumer traffic. This retail storefront is well-suited for a variety of uses, including boutique retail, professional services, or specialized showroom displays. Its strategic positioning in Skokie allows businesses to tap into a dense suburban demographic that values local storefront accessibility. The layout provides the flexibility required for modern commercial needs while maintaining the visibility essential for a successful retail storefront in this submarket.

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NOI
$80,000
Cap Rate
10.01%
DSCR
1.69
Strong
Cash-on-Cash
13.59%
Monthly Payment
$3,953.016
Annual Cash Flow
$32,563.807

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