Exceptional 2-Unit Investment Opportunity in the Heart of Skokie! This well-maintained two-unit building offers the perfect combination of comfort, flexibility, and income potential. Each unit features a spacious layout with abundant natural light, generous living areas, and functional floor plans. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property is full of possibilities. Conveniently located near shopping, dining, parks, schools, and major transportation, this is an opportunity you won't want to miss!
Rare opportunity to own an updated and exceptionally versatile brick 2-flat in a prime Skokie location. Whether you're an investor seeking strong cash flow potential or a savvy owner-occupant looking to house hack (live in one unit and rent out the other), this property offers flexibility, income potential, and major capital improvements already completed. Each of the two main units features 3 bedrooms, 1 full bathroom, spacious living areas, hardwood flooring throughout, and modern kitchens and baths. The kitchens are highlighted by stainless steel appliances, white shaker cabinets, and granite countertops. Attached to each unit are enclosed porches which could be used for extra storage space or an office/den. Since purchasing the property in 2021, the current owner has continued to improve the building with significant upgrades, including a water heater replacement (2022), new roof (2024), new siding (2024), newer A/C unit (2024), and more! The basement, non-conforming unit offers additional finished living space with a separate entrance, bedroom, bathroom, kitchen, and living area, presenting outstanding flexibility for extended family, guests, home office use, storage, or potential future income opportunities. Additional features include separate utilities for the two main units, coin-operated laundry, flood control system/sump pump, detached 2-car garage, and an additional exterior parking space. Conveniently located near Downtown Skokie (shopping, restaurants, bars, etc), parks, I-94, and public transportation (buses and CTA yellow line).
Brick 2-FLAT building w/ full unfinished basement at 8940 Lamon Ave in West Skokie neighborhood - has been lovingly maintained by same owner for 30+ years. Both units have identical layout with 3-beds and 1.1 baths. Features include hardwood flooring, large eat-in kitchens, updated bathroom vanities, fresh paint, over-sized windows, and central air. The enclosed back porches can easily be used for an office, storage, or anything you like. Full basement includes laundry, mechanicals and 1312sf of space. Three exterior parking spots via alleyway. Newer mechanicals: Roof 2024, Water heater 2020, Tuckpointing 2020, Windows 2015, HVAC 2025 & 2018. Unit 1 is vacant and Unit 2 is MTM, great upside potential for buyer! Walking distance to Train (0.4m), Bus (0.3m), Park District, Target, restaurants, shopping. Walk Score 8/10.
Start Your Next Chapter Here! This charming brick two-flat with a finished basement in Skokie offers an exceptional opportunity for both homeowners and investors. Each spacious unit features three bedrooms, a bright living / dining room, a large kitchen, and a full bath. The first-floor unit also includes a half bath and beautiful hardwood floors The finished basement provides coin laundry facilities and abundant storage space. Outside, you'll find three dedicated parking spaces in the rear of the property. One unit is currently rented, offering immediate income potential. Recent improvements include: 2021 (Second-Floor Unit): New kitchen tile and flooring, New doors and flooring throughout the entire unit, Fully remodeled bathroom; 2021: Electrical wiring updates in the basement; 2021-2025: Replacement of some basement pipes. Ideally located within walking distance of the train and with convenient access to schools, shopping, dining, forest preserves, golf courses, transportation and much more. Don't miss out on this outstanding opportunity!
Rare opportunity to own an updated and exceptionally versatile brick 2-flat in a prime Skokie location. Whether you're an investor seeking strong cash flow potential or a savvy owner-occupant looking to house hack (live in one unit and rent out the other), this property offers flexibility, income potential, and major capital improvements already completed. Each of the two main units features 3 bedrooms, 1 full bathroom, spacious living areas, hardwood flooring throughout, and modern kitchens and baths. The kitchens are highlighted by stainless steel appliances, white shaker cabinets, and granite countertops. Attached to each unit are enclosed porches which could be used for extra storage space or an office/den. Since purchasing the property in 2021, the current owner has continued to improve the building with significant upgrades, including a water heater replacement (2022), new roof (2024), new siding (2024), newer A/C unit (2024), and more! The basement, non-conforming unit offers additional finished living space with a separate entrance, bedroom, bathroom, kitchen, and living area, presenting outstanding flexibility for extended family, guests, home office use, storage, or potential future income opportunities. Additional features include separate utilities for the two main units, coin-operated laundry, flood control system/sump pump, detached 2-car garage, and an additional exterior parking space. Conveniently located near Downtown Skokie (shopping, restaurants, bars, etc), parks, I-94, and public transportation (buses and CTA yellow line).
SOLID 3 FLAT BRICK HOUSE. 3 BEDROOMS ON EACH FLOOR WITH LOTS OF STORAGE ROOM.3 CAR GARAGE. GOOD LOCATION. HUGE POTENTIAL.
This is an absolute rare-find triplex located on a beautiful tree-lined residential street. Offering over 4,200 square feet across three fully self-contained units, this highly updated property presents an exceptional opportunity for both investors and owner-occupants. The first and second floors each feature spacious 3-bedroom, 2-bath layouts with full kitchens and private living spaces. The lower level offers an additional 2-bedroom, 2-bath apartment, providing tremendous flexibility and income potential. Outside, enjoy a charming courtyard area, plus an incredible combination of a 2-car attached garage and an additional 1-car attached garage accessed from the alley-an uncommon amenity for a multi-family property. All three units are currently occupied by related family members, but the possibilities are endless. Whether you're looking to maximize rental income, create a multigenerational living arrangement, or add a turnkey asset to your portfolio, this meticulously maintained and updated triplex is truly one of a kind. Property is being shown by appointment and each occupant does need proper notice to be able to view the entire building. This property does require a 1 lender short sale however, all the heavy lifting related to the short sale including the application, review, lender value have all been completed. Lender is now considering reasonable offers. Do not allow the short sale to deter you as this is not your typical short sale.
Exceptional investment or owner-occupant opportunity in a prime location! This solid brick two-flat features two spacious 3-bedroom, 1-bath units, both offering beautifully remodeled porcelain-tiled bathrooms (2025), fresh paint (2026), and hardwood flooring throughout. With both units vacant, this property is truly move-in ready and offers immediate income potential or flexible multi-generational living options. Ideally situated within walking distance to the Skokie Swift, Target, public transportation, and just steps from Lockwood Park, convenience is unmatched. Quick access to the Edens Expressway (I-94) makes commuting a breeze. Each unit (~1,200 sq. ft.) boasts a generous 19x15 living and dining room combination, eat-in kitchens, and abundant natural light. The partially finished basement provides additional living or workspace possibilities with two extra rooms (heated), a workbench area, washer and dryer, and ample storage space. Additional highlights include updated windows, separate utilities and HVAC systems with central air conditioning, enclosed rear porch/stairwell, concrete patio, and a one and a half car garage. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this well-maintained property offers outstanding value, flexibility, and location. Sold "as is."
A rare opportunity to own a renovated brick 2-flat. Live in one unit, rent the other, and let your tenants cover some of your expenses. If you are an investor seeking strong cash flow, this property delivers both lifestyle and financial value. The first and second floor units each offer three spacious bedrooms, generously sized living rooms, and separate dining areas - an inviting layout perfect for everyday living and entertaining. Both units have been upgraded with cherry kitchen cabinets, stainless steel appliances, and granite countertops, along with beautifully refreshed bathrooms and rich hardwood floors throughout, adding warmth and character to every room. The lower level has been transformed into a versatile in-law suite, featuring two bedrooms, a full bathroom, a living room, and a dedicated laundry room designed for both comfort and flexibility. Ideally situated just outside the city, the property offers easy access to public transportation, shopping, and everyday conveniences. A park directly behind the property provides a peaceful, natural backdrop, a welcome retreat from the pace of city life. This is a rare find that combines classic charm, modern finishes, and exceptional income potential. Schedule your showing today because opportunities like this don't last long.
Turn-key investor opportunity in downtown Skokie, located in the Niles West High School District. Fully occupied 4-unit, two-flat property offering strong cash-flow potential. All units have identical floor plan just mirror image of each other. Floor plan of unit in photos. All units feature oak hardwood floors, newer kitchens and newer bathrooms, ceramic tile finishes, upgraded cabinetry and countertops, and stainless steel appliances. Newer windows throughout. Laundry is conveniently located in the basement. Property includes a fenced backyard, updated walkways and porch areas, refreshed landscaping, upgraded rear porch siding, and newer interior and exterior doors. Some newer furnaces and water heaters. Excellent opportunity to raise rents and increase overall cash flow.

Skokie is located in Illinois. Skokie, Illinois has a population of 67,444. Skokie is more family-centric than the surrounding county with 33.17% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Skokie, Illinois is $80,543. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Skokie is 43 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 36.4 inches per year, with 36 inches of snow per year.