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Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12442796MLS Provider

7880 Lincoln AvenueSkokie, IL 60077

Commercial · 5,000 Sq. ft.
$799,000 Active

7880 Lincoln Avenue Overview

Time on Site:
320 days
Visits:
9

Superb location 2-story mixed-use building offering main level 2,500 Sq. ft. retail/office/profession use and 2nd floor 2,500 Sq. ft. 3-large bedrooms, 2-baths, family room and beautiful large deck with an ELVATOR. Building currently in process of converting to mixed-use where very much a new/updated condition will be delivered in late October. Walking steps to Skokie downtown action and entertainment corridor at Oakton St. and Lincoln Ave./Niles Center Rd., neighboring to Chase Bank, Skokie Theater, Skokie Library, Village Hall, Bank of America, restaurants, and much more of retailers. Provides quick access to interstate I-90 and I-94, Northwestern Suburbs and within a short distance O'Hare Airport.

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7880 Lincoln Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 5,000
  • Price/Sq.ft. $160

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: Gross
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 2000

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Skokie

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $62,820.00
  • Tax Year: 2023

General Information

  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 5000

General Information

  • Cooling: Central Air
  • Electric: Other
  • Flooring: Wood
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 6250
  • Lot Size Square Feet: 6250

Building Exterior/Construction

  • Construction Materials: Concrete, Stucco

General Information

  • Number Of Units Total: 2

7880 Lincoln Avenue Neighborhood

Community

60077 (Skokie) Demographics

42
Median Age
6,868
Population Density (per sq. mile)
52%
College Educated
$67,273
Estimated Median Income
6,481
Estimated Total Home Owners
3,703
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7880 Lincoln Avenue Monthly Cost

$
$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7880 Lincoln Avenue Market Data

Based on the last 30 days in this zip code

$455,523
Average List Price
$317
Average Price per Square Foot
21
Properties Sold
39
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

7880 Lincoln Avenue History

Date Event Value Agent
2/2/2026Source: MRED Status Change
Active
1/28/2026Source: MRED Price Reduction
$799,000 -11.1%
1/28/2026Source: MRED Status Change
Price Change
10/15/2025Source: MRED Status Change
Active
10/10/2025Source: MRED Price Increase
$25 25.0%
10/10/2025Source: MRED Status Change
Price Change
8/18/2025Source: MRED Status Change
Active
8/13/2025Source: MRED Added to Database
August 13, 2025
2/12/2025Source: MRED Status Change
Active
2/7/2025Source: MRED Added to Database
February 07, 2025