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8019/8021 Lincoln Avenue Skokie, IL 60077 Multi Unit - Multiple New

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Description

Exceptionally rare opportunity to own a combined 2-unit mixed use townhouses in downtown Skokie, steps from restaurants and shops. Excellent access to public transit at your doorsteps, bus, train, and easy access to highway. Perfect for an investor or large family/small business owner, multi-generational living or a combination of all. Extremely flexible space. This 3-level property contains the double COMMERCIAL /FLEX SPACE on the first floor with 2 half baths that can be used as commercial or professional office for any client-facing business (medical office, spa, yoga studio, law office, real estate office, retail, tech office, accounting ... use your imagination - opportunities are truly endless. Can also be rented out to produce income as 1 commercial space or 2 commercial spaces if separated back to original floor plan. The ground floor has a direct indoor access to 3 owned parking spots in the attached secured garage. The SECOND and THIRD LEVEL - PERFECT FOR RESIDENTIAL LIVING & ENTERTAINING. The Second level offers 2 living rooms with fireplaces and sliding doors leading to a private patio/s with a gazebo perfect for relaxing outdoors. Two eat-in kitchens facing each other are light and functional with direct access to the interior courtyard adding light and convenience as well as additional outside access that allows separate entry to the residential space for family or potential residential space tenants. The second floor also features a dining room, den and other flexible space. The third level has 4 large bedrooms with 2 en suite full bathrooms and 2 additional full bathrooms so nobody needs to share. The 2 super convenient upper-level laundries make laundry days a breeze. And if you still have more things to store, there are 2 generous size attics. This rare and unique property offers endless lifestyle options: - Live upstairs and run your business downstairs - Live upstairs and rent 1 or 2 commercial spaces - Convert the first level into additional living space. - Rent everything - 2 commercial spaces downstairs and a large residential property upstairs or separate the 2 units back to the original floor plan and sell one/keep the other.... we can keep going but you get the point... A rare mix of convenience, income potential, and modern day living. Don't miss the opportunity to own this one-of-a-kind offering. The property can be used as is or divided/updated by buyers looking to add their own equity or investment potential. Sold AS IS

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 6
County: Cook
High School: Niles West High School
Listed By:
Ellen Gutiontov 312-217-4833
MRED MLS
$549,900
Est. $3,527/mo
4beds
6baths
3cars
New to the Market New
BEDS4 BATHS6 full MLS#12627226
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 219

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8019/8021 Lincoln Avenue , Skokie, IL 60077.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $549,900$549,900$549,900
Down Payment $109,980$19,247$137,475
Monthly Mortgage Amount $2,602$3,237$3,343
Taxes $765$765$765
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$242$0
Monthly Estimated Total $3,527$4,404$4,268

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