8030 Ridgeway Avenue Skokie, IL $ 759,000
8030 Ridgeway Avenue
$ 759,000
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8030 Ridgeway Avenue

Skokie, IL, 60076
$ 759,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 4,673

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Commercial Property for sale in Skokie, IL

for $759,000. This 10,000 square foot building was built in 1955 on a lot size of 0.254132.

Flexible investment or owner-user opportunity. Well-maintained 10,000 SF two-story industrial warehouse offering immediate income through a 5-year sale-leaseback with the current owner, plus a 5-year renewal option. Ideal for investors seeking stabilized NNN cash flow or owner-users planning future occupancy. The building is efficiently designed for warehouse and light industrial use, supporting strong material flow and operational efficiency. First floor features include one (1) loading dock, one (1) drive-in door, open warehouse area, tool room, bathroom, and lift-access connecting to the second floor. Second floor includes approximately 770 SF of office space with one private office and bathroom, open office area accommodating 2-4 workstations, two additional bathrooms, and direct access to the warehouse. Triple lease with annual rent escalations. Functional layout offers flexibility, stability, and long-term control for both investors and future owner-users.

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Commercial Active

Price

$ 759,000

Property Type

Commercial

Taxes

$ 54,235

Style

Industrial

Lot Size

0.254132

Year Built

1955

Town/City

Skokie

County/Region

Cook

MLS | Web ID

12537615

Features
General
Cooling Central Air
Zoning INDUS
Construction Materials Brick Stone
Year Built 1955
Electric Service - 201 to 600 Amps
Stories Count 2
Township Niles
Tax Year 2024
Current Use Industrial
Gross Income 100000
County Cook
Net Operating Income 96500
Operating Expense 3750
Property Type Commercial Sale Industrial
Status Active
Directions Oakton & Crawford - East to Ridgeway Ave. North to address.
City Skokie
Number Of Units Total 1
MLS Area Skokie
Lot Size Square Feet 11070
Tax Annual Amount 54235
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
Cap Rate 8.5
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 10000
Lot Dimensions 90x123
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* Excluded Features
List By
Real Broker, Llc

Broker

rsatten@realcre.net

Email

Affordability Calculator

$9,193
Per Month
51%
49%
0%
Monthly Principal & Interest
$4,673
Monthly Property Taxes
$4,520
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$759,000 Listed Price

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8030 Ridgeway Avenue, Skokie, IL, 60076 is a Commercial Property for sale at $759,000 with 10,000 sqft and a lot size of 0.254132. 8030 Ridgeway Avenue was built in 1955. The property's zip code is 60076 which is in Skokie, IL