3354-3358 Main St
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3354-3358 Main St
3,361 SF 100% Leased Retail Building Skokie, IL 60076 $590,000 ($176/SF) 8.45% Cap Rate
Investment Highlights
- Corner Property
- All remodeled units
- Lots of natural Light
- Fully leased property
Executive Summary
Vandon Forbes is pleased to bring to market a fully stabilized investment property in Skokie.
All units have recently been updated and leased up.
This is a great opportunity for an investor looking for a stabilized investment opportunity.
Please contact Leibel Moscowitz for more information:
Email: Lmoscowitz@vandonforbes.com
All units have recently been updated and leased up.
This is a great opportunity for an investor looking for a stabilized investment opportunity.
Please contact Leibel Moscowitz for more information:
Email: Lmoscowitz@vandonforbes.com
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$87,951
|
$26.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$87,951
|
$26.17
|
| Taxes |
$30,974
|
$9.22
|
| Operating Expenses |
$7,000
|
$2.08
|
| Total Expenses |
$37,974
|
$11.30
|
| Net Operating Income |
$49,977
|
$14.87
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $87,951 |
| Annual Per SF | $26.17 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $87,951 |
| Annual Per SF | $26.17 |
| Taxes | |
|---|---|
| Annual | $30,974 |
| Annual Per SF | $9.22 |
| Operating Expenses | |
|---|---|
| Annual | $7,000 |
| Annual Per SF | $2.08 |
| Total Expenses | |
|---|---|
| Annual | $37,974 |
| Annual Per SF | $11.30 |
| Net Operating Income | |
|---|---|
| Annual | $49,977 |
| Annual Per SF | $14.87 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,361 SF
Building Class
C
Year Built
1972
Price
$590,000
Price Per SF
$176
Cap Rate
8.45%
NOI
$49,855
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.16 AC
Zoning
B-1 - Service Commercial
Parking
16 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
- Signage
- Tenant Controlled HVAC
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
1 of 9
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3354-3358 Main St
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