Skokie IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
8
Year built:
1952
Baths:
5.00
MLS#:
12264158

ADDITIONAL INFORMATION

All Brick Fully Occupied and rented 4 unit building for sale In a prime location. Long term tenants with potentially higher rents.Great location next to the Old Orchard Shopping Mall and near local transportation. Each unit offers Good size 2 bedrooms, 1 bath & enclosed porch, Kitchen & bath . Finished basement with Laundry storage and mechanicals. This is a great investment opportunity for those looking for a multi unit. Money maker building.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
8
Year built:
1958
Baths:
5.00
MLS#:
12263873

ADDITIONAL INFORMATION

"Priced right for quick sale Rents below market because of long-term tenants. All brick construction. Three legal apts. Two are large units each with 3 large BR and 1.5 baths. Garden unit is 2 BR and 1 full bath. Separate utilities. 6 car parking spaces. Newer porch. Hardwood floors. Sold as-is. Seller is a licensed real estate agent."

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1951
Baths:
4.00
MLS#:
12207904

ADDITIONAL INFORMATION

Pristine condition oversized 4-unit building, in a desirable location with solid construction and great investment potential. Spacious units feature 2 bedrooms, a den, and 1 bath, with numerous updates, including separate utilities, central heating, thermopane windows, and recently tuckpointed. The building offers a full basement with exterior access, storages, a patio, and two-car garage. Located near a train station, bus lines, and Westfield Old Orchard shopping center, this property is ideal for investors or owner-occupants. Generationally owned and managed

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1928
Baths:
3.00
MLS#:
12216426

ADDITIONAL INFORMATION

Classic Brick Two-Flat with great curb appeal and long time owner. 2 bedrooms plus a 3rd tandem in both units. Second Floor unit updated Kitchen and Bath. Hardwood floors under carpeting. Semi-finished basement with roughed in bathroom, knotty pine paneled recreation room with bar needs work with separate storage and laundry room.New flood control system plus sump pump. Boiler is 15 year new. Separate electric. 76.8 gallon hot water heater. Garage siding, windows and roof are newer. Long-time tenant (30 years) on first floor is month-to-month with below market rent. Nice yard plus 2.5 car garage currently being rented.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1951
Baths:
4.00
MLS#:
12216850

ADDITIONAL INFORMATION

Discover this well-maintained four-unit building, featuring four spacious two-bedroom, one-bath apartments. Each unit boasts separate gas and electric utilities, ensuring convenience and minimal overhead for landlords. One unit has been completely renovated, offering modern finishes, while the remaining three are in excellent rental quality condition. The property highlights include beautifully refinished hardwood floors throughout and ample parking with designated spaces for each unit. With a newer roof (approximately 10 years old) and furnaces (around 10-12 years old), along with all-new vinyl windows, this building is poised for low maintenance and long-term durability. The water heaters are about 10 years old, and tenants are responsible for electric, gas, and water expenses, reducing your overall management costs. Located in a desirable area, there is significant potential to increase rents and boost your return on investment. Additionally, on-site coin-operated laundry facilities in the basement add extra convenience and income. Don't miss out on this fantastic opportunity to invest in a well-performing multifamily property in a thriving community!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1956
Baths:
4.00
MLS#:
12203593

ADDITIONAL INFORMATION

LARGER THAN THE TRADITION SKOKIE 4-UNIT THIS IS AN EXTRA WIDE LOT (SIX FULL REAR PARKING SPACES) WITH 2BD/1BA UNITS THAT BOAST AN EXTRA LIVING / DINING AREA! CONDO CONVERSION COMPLETED WITH FULLY OCCUPIED 4-UNIT SKOKIE BUILDING WITH LONG TERM TENANTS FOR A DECADE AND LEASES THRU MAY 2025 ($1400 RENTAL RATE PER UNIT IS BELOW MARKET RENT DUE TO LONG TERM OCCUPANCY) - OWNER HAS ALREADY CONVERTED THE UNITS INTO FOUR SEPARATE CONDO PINS AND OWNS ALL OF THEM ONLY LOOKING TO SELL THE BUILDING AS A WHOLE TO AN INVESTOR OR OWNER OCCUPANT CAN EASILY MANAGE EXISTING RENT ROLL AND CONSIDER IMPROVEMENTS FOR THE FUTURE. BRAND NEWLY FINISHED REAR PORCH / STAIRS, AND CLEAN BASEMENT BELOW EACH SIDE OF THE BUILDING, ALSO HAS PLENTY OF STORAGE AND LAUNDRY IN-BUILDING. HIGHLY DESIRABLE SKOKIE LOCATION CLOSE TO I-90/94 AS WELL AS THE SKOKIE SWIFT CTA YELLOW LINE / RED LINE FEEDS INTO THE CITY! OWNER IS LICENSED AGENT.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1953
Baths:
4.00
MLS#:
12020157

ADDITIONAL INFORMATION

This ready-to-invest property presents an excellent opportunity for first-time homebuyers seeking immediate income or savvy investors aiming to diversify their portfolio in Skokie. Featuring forced-air heating, three newer hot water tanks, and a newer furnace, this property is in great condition structurally. These units are large 2 bedrooms with a tandem covered porch making for a nice office or additional storage on the back. Situated in an area with ample shopping and dining options, the rents are currently low due to long-term tenants. Don't miss out on the chance to own this four-unit building in the heart of Skokie.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1925
Baths:
3.00
MLS#:
11992453

ADDITIONAL INFORMATION

SENSIBLE SHREWD ST LOUIS-Welcome to this fantastic brick brownstone investment opportunity. 2 flat building in popular area near shops and restaurants in Skokie. Freshly painted neutral colors. Kitchen updates. Cozy and bright. Unit 2 is occupied with long term tenant. Unit 1 ready for immediate occupancy that is essentially a duplex down unit. The building has been off market for months while tenant vacated. There is a nicely finished basement with bath and bedroom plus rec room, storage. LVT flooring. Both units have 2 bedroom, 1 bath plus extra room. One being used as a closet the other as a play room. Roof (2020). Windows (2022) electric panels (2018) 2 car parking in rear adjacent to alley. First floor unit has newer central air and furnace. 2nd floor has furnace and window unit. Buy your new investment property today!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Skokie Real Estate

The median home value in Skokie, IL is $380,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Skokie, IL is $380,000. Approximately 68.52% of Skokie homes are owned, compared to 26.16% rented, while 5.32% are vacant. Skokie real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Skokie real estate agent to arrange a tour today!

Skokie, Illinois has a population of 67,444. Skokie is more family-centric than the surrounding county with 33.17% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Skokie, Illinois is $80,543. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Skokie is 43 years.

Skokie Weather

The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 36.4 inches per year, with 36 inches of snow per year.

Skokie Real Estate Market Conditions

  • Median sales price

    $380,000
    14.3% change since last quarter
  • # Active listings

    116
    30-day change

Skokie Schools and Demographics

Education near Skokie, IL

Metric City County
High School Graduates 91.8 87.97
College Degree - 2 year 7.09 6.73
College Degree - 4 year 49.36 40.75
Graduate Degree 12.75 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Skokie, IL

School Grades Students P/T Ratio ZIP
Devonshire Elementary School KG - 05 366 12.3 60076
Dewey Elementary School KG - 05 465 12.6 60201
Dr Bessie Rhodes Magnet School KG - 08 373 12.2 60076
East Prairie Elementary School PK - 08 542 12.6 60076
Elizabeth Meyer School PK - KG 169 18.8 60076
Fairview South Elementary School PK - 08 668 12.2 60077
Highland Elementary School KG - 05 389 13.1 60076
Jane Stenson School KG - 05 405 13.8 60077
John Middleton Elementary School 01 - 05 505 12.8 60076
Joseph E Hill Education Center PK - PK 356 13.1 60201
Kingsley Elementary School KG - 05 380 13.2 60201
Lincolnwood Elementary School KG - 05 391 14.3 60201
M L King Junior Lab Experimental School KG - 08 571 11.6 60201
Madison Elementary School PK - 02 621 14.8 60077
Orrington Elementary School KG - 05 376 13.3 60201
Rutledge Hall Elementary School 03 - 05 380 14 60712
Todd Hall Elementary School PK - 02 430 14.3 60712
Walker Elementary School KG - 05 341 11.4 60203
Willard Elementary School KG - 05 515 14.7 60201

Middle Schools near Skokie, IL

School Grades Students P/T Ratio ZIP
Haven Middle School 06 - 08 778 12.4 60201
Lincoln Hall Middle School 06 - 08 414 12.6 60712
Lincoln Junior High School 06 - 08 574 14.6 60077
Old Orchard Junior High School 06 - 08 644 11 60076
Oliver McCracken Middle School 06 - 08 325 11 60076

High Schools near Skokie, IL

School Grades Students P/T Ratio ZIP
Evanston Township High School 09 - 12 3,080 14.3 60201
Niles Central 09 - 12 26 3.4 60077
Niles North High School 09 - 12 2,127 13.4 60077
Niles West High School 09 - 12 2,516 14.5 60077

Demographics near Skokie, IL

Metric City County
Neighborhood Type Inner City
Population 67,444 5,265,398
Population Density 6,702 5,572
Median Age 43 37.3
People per Household 2.8 2.5
Median Household Income 80,543 72,121
Average Income per Capita 39,196 41,706