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4747 Dempster StSkokie, IL 60076
4747 Dempster Skokie
Asset ClassMultifamily, Land, Office, Healthcare Facility, Retail
overview of deal

Overview

Colliers International is proud to present a rare opportunity to acquire an approximately 3-acre parcel of prime land located along Skokie’s main retail corridor. This highly visible site offers versatile development potential, including retail, multi-family, office, medical, or a combination of these uses. Recognized by the Village of Skokie as a key component of their West Dempster Street Corridor revitalization plan, this parcel stands out as one of the last significant development opportunities in the area. The city has expressed a strong willingness to collaborate with developers to unlock the site’s full potential.

 

This is a truly exceptional chance to secure a landmark property in Skokie, one of Chicago’s oldest and most prestigious suburbs. The site is strategically positioned adjacent to the historic Evanston Golf Club (125+ years old) to the east, an office building to the south, and a vibrant mix of retail to the north and west. The surrounding area features a blend of low- and high-rise residential developments, further enhancing its appeal.

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Investment Highlights

Scarcity of Comparable Land

One of the last remaining parcels of its kind in the area.

 

Versatile Land Use

Suitable for multiple product types, including mixed-use developments.

 

Tax Increment Financing (TIF)

Availability of TIF incentives to support redevelopment.

 

Prime Visibility

Located at a lighted intersection on a bustling retail corridor.

 

Exceptional Accessibility

Just 0.3 miles (2 minutes) from the Skokie Swift Train Station and 0.7 miles (4 minutes) from I-94, the major north-south artery for Chicago’s upscale North Shore suburbs.

4747 Dempster StSkokie, IL 60076

Investment Contacts

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Listing provided by Revere CRE