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$1,300,000
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Property Description
Rare opportunity with 5 contiguous lots for better land use. NX zoned. Very close to downtown Skokie in Central Business District. Walking distance to Chase Bank, Skokie Theater, Skokie Library, Village Hall, Bank of America, lots of restaurants, Assorted Retailers, Specialty Stores. Close to CTA Yellow line station and I-90/94. Three lots with one building each. The remaining two lots are vacant. 7848 Lincoln was a real estate company with office setting. 7852 Lincoln Ave building was a Chan Hall and a three bedroom apartment. Buildings are serviceable. Basement needs work. Or you can tear down and build to suit. Please consult: Skokie Village-Zoning Chapter, Appendix A-use table for all the permitted and special uses. Additional PINs are: 1028211002, 1028211003, 1028211004, 1028211005.
Full Property Details
Full Property Details for 7848 Lincoln Ave
General
- Price: $1,300,000
- Taxes: $47,954 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12492709
- Updated: 10/17/2025
- Added to Site: 100 day(s) ago
Location
- Area: Skokie
- County: Cook
- Township: Niles
- Driving Directions: Oakton Street East to Niles Center Road south to Lincoln Avenue South to property
- Location Details: South Suburban, Corner, Mixed-Use Area, Office Park
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 4,300
- Year Built: 1958
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 16,000
- Lot Dimensions: 148 x 121 x 117 x 125
- Potential Use: Commercial
- Zoning: OTHER
Financial Considerations
- Assessment Year: 1958
- Tax Amount: $47,954
- Tax Year: 2023
Disclosures and Reports
- Property ID: 10282110010000
Listed by Concentric Realty, Inc
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Schools
Schools serving 7848 Lincoln Ave
School Districts:Niles Township Community High School District 219, Skokie School District 69
| Name | Grades | Distance |
|---|---|---|
Lincoln Jr High School, Skokie, IL 7839 Lincoln Avenue, Skokie, IL 60077 | 6-8 | 0.1 mi |
Madison Elementary School, Skokie, IL 5100 Madison Street, Skokie, IL 60077 | PK-2 | 0.6 mi |
Thomas Edison Elementary School 8200 Gross Point Road, Morton Grove, IL 60053 | 3-5 | 0.7 mi |
Niles West High School 5701 Oakton Street, Skokie, IL 60077 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7848 Lincoln Ave
Date
Details
Price
Change
Source
10/10/2025
Listed
$1,300,000
306.25%
MLS
5/05/2022
Sold
$320,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7848 Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,765
—
$37,722
—
2022
$11,759
-25%
$37,722
-13%
2021
$15,754
1%
$43,500
—
2020
$15,643
12%
$43,500
—
2019
$13,984
23%
$43,500
36%
2018
$11,412
—
$31,875
—
2017
$11,463
6%
$31,875
—
2016
$10,801
-5%
$31,875
—
2015
$11,382
115%
$31,875
110%
2014
$5,296
-12%
$15,171
-11%
2013
$6,039
-16%
$17,073
-22%
2012
$7,147
—
$21,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7848 Lincoln Ave
7848 Lincoln Avenue, Skokie, IL 60077 (MLS# 12492709) is a Commercial property. 7848 Lincoln Avenue is currently listed for $1,300,000 and was received on October 10, 2025. Want to learn more about 7848 Lincoln Avenue? Do you have questions about finding other Commercial real estate for sale in Skokie? You can browse all Skokie real estate or contact a Coldwell Banker agent to request more information.

