3641-3647 Dempster Skokie, Il 60076

CRER is pleased to exclusively present 3641-3647 Dempster St., Skokie, IL. The property consists of a four-unit commercial building, measuring approximately 10,470 square feet on a 23,213 square foot (0.53 acres) corner parcel at the signalized intersection of Dempster Street and East Prairie Road. The property is offered at $1,350,000, or $128.94 per square foot.

Leasable area across the four suites is 9,476 square feet; the remaining square footage is an approximate 516 square foot covered parking bay plus common area. Built in 1989 with 30 on-site surface parking spaces, the property is zoned B2 Commercial and is held in fee simple. The parking lot was completely seal coated and re-striped at the beginning of October 2026.

Three suites totaling 6,469 square feet are leased to Decorator Hardware & Bath Co., Chateau Gena Salon & Laser Spa and Jarasa Kabob, on leases running to 2028, 2030 and 2035 that contract $162,503 of income in calendar 2027. The leases have been abstracted, and a signed tenant estoppel is in hand on the triple-net lease (see page 13).

Suite 1, the 3,007 square foot west end unit at the signalized intersection, will be delivered vacant at Closing. It is occupied today by the Seller's own business, Vogue Lighting Studio, so the space has stayed open and shows as a working, built-out storefront. Approximately 1,485 square feet of mezzanine storage sits above it, and the underwriting adds $1.37 per square foot to Suite 1's rent for that space (see page 16). That suite is the primary value-add (see pages 14 and 16).