Private Family Trust Sells Property At 8801 Skokie Blvd Skokie For $3.7 Million

The property asset involved in the transaction is located at 8801 Skokie Blvd, Skokie, IL, 60077. The sale price was $3,700,000. The asset has a square footage of 0 and is occupied by Firestone Complete Auto Care. It was built in 1950 and features nine bays and 18 drive-in doors, along with a parking lot.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,700,000.00
• Address: 8801 Skokie BLVD, Skokie, IL, 60077
• Market: Skokie
• Seller: Private Family Trust
• Seller's Rep: Colin O’Malley - Interra Realty
• Buyer: Unknown
• Buyer's Rep: Paul Waterloo - Interra Realty
• Lease: 7 years remaining

The deal involved representation from Interra Realty, with Colin O’Malley representing the seller and Paul Waterloo representing the buyer. The private family trust has owned the asset for over 50 years, highlighting a long-term ownership history. This property transaction took place approximately 15 miles north of Chicago.