Multifamily Housing
10109 Old Orchard Ct Skokie, IL 60076
Details & Description
Price: $6,840,000
    Essex Realty Group, Inc. has been exclusively engaged to market for sale 10111-10117 Old Orchard Ct., located in the North Chicago suburb of Skokie, IL. The property is being offered as a condominium deconversion opportunity under Section 15 of the Illinois Condominium Act. The 48-unit garden-style condominium property is comprised of twenty-four (24) 1 Bd/1 Ba units, twenty-four (24) 2 Bd/1 Ba units, and ninety-eight (98) surface parking spaces.The units were converted to condos in 2007 and feature hardwood floors, granite countertops, stainless steel appliances, built-in microwave, dishwasher, and a private patio or balcony. Additionally, the property participates in a master association that covers all common area expenses such as common area cleaning, trash removal, landscaping, snow removal, common insurance, driveway maintenance and common area maintenance creating several management efficiencies.10111-10117 Old Orchard Ct. is extremely well-located 0.5 miles from Interstate 94, 1.5 miles from Skokie Swift (CTA Yellow Line) and 2.5 miles from the Central Street Metra station in Evanston. In addition, the Property is also situated adjacent to Westmoreland Country Club, steps from Westfield Old Orchard Shopping Mall, and less than 1 mile from Northshore Skokie Hospital that employs over 10,000+ workers.
    Listing Agents
    Matt Feo

    O: 224-305-4102
    mattfeo@essexrealtygroup.com
    Brian Karmowski

    O: 773-305-4892
    briankarmowski@essexrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    10109 Old Orchard Ct

    Skokie, IL 60076

    Listing ID: 236164
    10109 Old Orchard Ct Skokie, IL 60076 | for Sale | Photo 1
    Building Size: 24,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $285.00
    Land $/SF: $285.00
    Price
    $6,840,000
    Description

    Essex Realty Group, Inc. has been exclusively engaged to market for sale 10111-10117 Old Orchard Ct., located in the North Chicago suburb of Skokie, IL. The property is being offered as a condominium deconversion opportunity under Section 15 of the Illinois Condominium Act. The 48-unit garden-style condominium property is comprised of twenty-four (24) 1 Bd/1 Ba units, twenty-four (24) 2 Bd/1 Ba units, and ninety-eight (98) surface parking spaces.

    The units were converted to condos in 2007 and feature hardwood floors, granite countertops, stainless steel appliances, built-in microwave, dishwasher, and a private patio or balcony. Additionally, the property participates in a master association that covers all common area expenses such as common area cleaning, trash removal, landscaping, snow removal, common insurance, driveway maintenance and common area maintenance creating several management efficiencies.

    10111-10117 Old Orchard Ct. is extremely well-located 0.5 miles from Interstate 94, 1.5 miles from Skokie Swift (CTA Yellow Line) and 2.5 miles from the Central Street Metra station in Evanston. In addition, the Property is also situated adjacent to Westmoreland Country Club, steps from Westfield Old Orchard Shopping Mall, and less than 1 mile from Northshore Skokie Hospital that employs over 10,000+ workers.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Skokie Area Market Trends

    Listing Demographics for 10109 Old Orchard Ct Skokie, IL 60076

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,489143,895371,149
    Population Median Age434141
    Population by Age0-9 Yrs1935 (12%)18241 (12%)45252 (12%)
    10-19 Yrs2095 (13%)20830 (14%)51921 (13%)
    20-29 Yrs1151 (7%)12121 (8%)38536 (10%)
    30-39 Yrs1496 (9%)13276 (9%)38795 (10%)
    40-49 Yrs1869 (12%)19602 (13%)47212 (12%)
    50-59 Yrs2355 (15%)22114 (15%)53364 (14%)
    60-69 Yrs2216 (14%)18915 (13%)45156 (12%)
    70+ Yrs2372 (15%)18795 (13%)50912 (13%)
    Median HH Income$97,160$102,328$91,045
    Total Household Income< 24K645 (11%)6039 (11%)19936 (14%)
    25-49K779 (14%)7269 (14%)20330 (15%)
    50-74K810 (14%)6461 (12%)18029 (13%)
    75-99K569 (10%)5344 (10%)14029 (10%)
    100-199K1604 (29%)13731 (26%)34631 (25%)
    200K+1070 (19%)12272 (24%)27644 (20%)
    Highest Education LevelNo Diploma604626518302
    Diploma or GED15151307237807
    Some College14311260633773
    Assoc. Degree551471412543
    Bachelors Degree35393153878163
    Higher Degree32343057173297
    Total Housing Units5,95655,496146,818
    --Owner-Occupied4,36139,46295,929
    --Renter-Occupied1,11711,65438,671
    Owner-Occupied Values< 100K859733046
    100-199K40933479248
    200-299K627640117534
    300-399K1080765419584
    400-499K717453911697
    500K+14431654834819
    Total Working Age Population12,273112,408296,467
    In Work Force7,09268,515176,583
    Not In Work Force5,18243,894119,884
    Workforce Employed6,76465,875169,361
    Workforce Unemployed3272,6227,169
    Civlian Workforce7,09268,497176,530
    Military Workforce01753
    Total Households5,47851,116134,600
    Family Households3,88937,25989,997
    Non-Family Households1,58913,85744,603
    Married Couple3,32331,04674,334
    Other Family5666,21215,663
    Married w/Child1,54314,03232,671
    Single Male w/Child1035651,630
    Single Female w/Child1301,9795,174

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 10109 Old Orchard Ct in Skokie?
    The asking price for 10109 Old Orchard Ct is $6,840,000
    What is the building size of this Multifamily property in Skokie, IL?
    The size of the building/unit at 10109 Old Orchard Ct in Skokie is 24,000 square feet
    What is the population within 1 mile of 10109 Old Orchard Ct in Skokie?
    The population within 1 mile of 10109 Old Orchard Ct Skokie, IL 60076 is 15,489 people.
    Who do I contact for questions about 10109 Old Orchard Ct?
    You should contact the listing agent, Matt Feo, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 10
    Chicago Midway International Airport (MDW) 19
    General Mitchell International Airport (MKE) 62
    Price
    $6,840,000
    Listing Agent
    Listing Co-Agent
    Matt Feo - CRE Agent at

    Brian Karmowski

    Essex Realty Group
    More listings from Matt Feo
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