FOR SALE DEMPSTER STREET RETAIL CENTER Dempster St / Skokie, IL farabrokerage.com. Property Highlights FOR SALE: $895,000
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1 FOR SALE DEMPSTER STREET RETAIL CENTER Property Highlights Single-story, commercial building located on highlytrafficked Dempster Street 7,547 +/- SF building 11,800 +/- SF land site Currently divided into three storefront units that vary from 1,200 to 3,747 square feet 100 feet of frontage B-1 Zoning Commercial Abundant customer parking in front of building and in large, free municipal lot steps away FOR SALE: $895,000 Location Highlights Strong commercial location with high vehicle volume: approx. 28,000 vehicles per day Dempster is main thoroughfare with easy access to Edens Expressway Diverse community of independent and national businesses, local restaurants, services and retail Easy access to Edens Expressway, convenient to Yellow and Purple CTA train stations; Pace bus stops in front of building
2 FACTS & FEATURES Dempster Street is a single-story, commercial retail center, currently100% occupied by excellent tenants: a signage company, grocery store and a restaurant. The building is divided into three units; that vary in size from 1,200 to 3,747 rentable square feet. With 100 feet of frontage, the commercial property is highly visible on heavilytraveled Dempster Street. The property is situated on a 11,800 square foot land site and is zoned for B-1 Commercial. Abundant parking exists: four cars behind the building, customer parking in front of the building and a large, free municipal lot steps from the property. The property sits within Skokie s vibrant commercial district, surrounded by a diverse community of independent and national businesses; nearby retail tenants include: CVS, Boston Market, Illinois Nut & Candy, Dunkin Donuts, Walgreens, etc. Dempster Street is a main thoroughfare in Skokie with consistent traffic and approximately 28,000 vehicles per day. This property is is convenient the CTA Yellow and Purple Stations on Dempster Street, plus the Pace Bus 250 stops in front of the building. Also the Edens Expressway is easily accessible just west of the property. BUILT 1957 SALE PRICE $895,000 BUILDING SIZE 7,547 SF +/- PRICE/SF $ LAND AREA 11,800 SF +/- PINS ZONING USE B-1 Commercial Retail, Office, Service REAL ESTATE TAXES $41,648 (2015) CONSTRUCTION Brick CURRENT SPACES 3718 Dempster St. 2,600 SF +/ Dempster St. 1,200 SF +/ Dempster St. 3,747 SF +/- FRONTAGE ELECTRICAL PARKING 100 SF 100 AMPS 4 exterior spaces; public parking in free municipal lot
3 PHOTOS
4 PLAT OF SURVEY
5 RETAIL & TRAFFIC SITE
6 ZONING CODE B-1
7 DEMOGRAPHICS 3718 Dempster St Skokie, IL miradius 0.5 mi radius 1 mi radius RS1 POPULATION 2017 Estimated Population 1,326 5,936 19, Projected Population 1,299 5,807 19, Census Population 1,358 6,039 20, Census Population 1,428 6,313 20,599 Projected Annual Growth 2017 to % -0.4% -0.4% Historical Annual Growth 2000 to % -0.4% -0.2% 2017 Median Age HOUSEHOLDS RACE AND ETHNICITY 2017 Estimated Households 470 2,048 6, Projected Households 477 2,073 6, Census Households 468 2,030 6, Census Households 480 2,080 6,935 Projected Annual Growth 2017 to % 0.2% 0.2% Historical Annual Growth 2000 to % -0.1% -0.1% 2017 Estimated White 61.1% 60.0% 57.9% 2017 Estimated Black or African American 12.9% 12.6% 15.5% 2017 Estimated Asian or Pacific Islander 17.9% 20.2% 19.4% 2017 Estimated American Indian or Native Alaskan 0.1% 0.1% 0.2% 2017 Estimated Other Races 8.0% 7.1% 7.0% 2017 Estimated Hispanic 11.6% 10.7% 10.6% INCOME EDUCATION (AGE 25+) BUSINESS 2017 Estimated Average Household Income $120,360 $122,690 $123, Estimated Median Household Income $106,688 $106,313 $101, Estimated Per Capita Income $42,683 $42,346 $42, Estimated Elementary (Grade Level 0 to 8) 6.4% 5.6% 5.8% 2017 Estimated Some High School (Grade Level 9 to 11) 4.4% 2.7% 2.7% 2017 Estimated High School Graduate 13.4% 14.3% 13.8% 2017 Estimated Some College 16.7% 18.0% 17.5% 2017 Estimated Associates Degree Only 3.6% 4.7% 5.5% 2017 Estimated Bachelors Degree Only 30.2% 28.6% 29.7% 2017 Estimated Graduate Degree 25.3% 26.2% 24.9% 2017 Estimated Total Businesses Estimated Total Employees 477 1,237 6, Estimated Employee Population per Business Estimated Residential Population per Business
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