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    Skokie Commercial Property with Business

    3650 Oakton Street Skokie, IL 60076

    Claim this Listing
    For Sale
    Under Contract
    $599,000

    COMMERCIAL - Skokie, IL

    Property size:
    3,440 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $174/SF
    Added:
    Dec 4, 2025
    Days on Market:
    220
    Last Refresh:
    Jul 12 at 2:06 am

    Property Features for 3650 Oakton Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMMR
    Standard status
    Active Under Contract
    APN
    10233320460000
    Size
    3,440 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    19083

    Utilities

    Cooling system
    Central Air

    Building Details

    Floors in Building
    1

    Listing agent Mark Ahmad License #471007186

    Listing office Century 21 Circle 3372 W Devon Ave, Chicago, IL

    Listing date Dec 4, 2025

    MLS# 12527339

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    Located in Skokie's commercial, industrial, and business corridor, this property includes both the real estate and an established business. The current business is a successful body shop and custom wheelchair van and mobility conversion shop. The property offers approximately 3,440 square feet of space and is situated in a central location with convenient access to interstates I-90/I-94 and I-294, as well as Lake Shore Drive. It is also within a short distance of O'Hare Airport and downtown Chicago. The property is across the street from the Amazon fleet station. The M2 zoning allows for light industry, operation manufacturing, service, and automotive uses. The lot size is 0.1263 acres. An adjacent building at 3654-3656 W. Oakton Ave. is also available for sale. The property's location provides access to Northwestern Suburbs. Financial information for the business is available to serious buyers with proof of purchasing power. Business, equipment, and real estate are included in the sale.

    Key Highlights

    • Business, equipment, and real estate included in sale.
    • Established business (body‑shop and custom wheelchair van & mobility conversion shop) with financials available to qualified buyers.
    • M2 zoning allows for light industry, operation manufacturing, service, and automotive use.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $74.3k $21.60
    − Vacancy −$6.1k −$1.77
    EGI $68.2k $19.83
    − OpEx −$20.5k −$5.95
    NOI $47.7k $13.88
    3,440 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $682.1K
    $596.9K – $795.8K (±1% cap)
    NOI $47,748 @ 7.0% cap · market cap 7.97%
    Second Best
    Industrial
    $211.5K
    $185.1K – $246.8K (±1% cap)
    NOI $14,808 @ 7.0% cap · market cap 2.47%
    Theoretical Best
    Office A
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,137 @ 7.0% cap · market cap 13.88%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Metro Tool Co Factory

    Suggested Use

    Real Estate Agency Restaurant Dental Office Law Firm Hotel & Motel Parking Lot & Garage Hair Salon Nail Salon Skin Care Clinic Spa & Massage Center

    Zoning and permitted uses should be independently verified with local authorities.

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    Similar Off Market Nearby

    • Mobile Car Care — 4835 hull st, skokie, il 60077
    • Skokie Auto Repairs — 4837 Jerome St, Skokie, IL 60077
    • King Cobra Muffler Center — 7501 Lincoln Ave, Skokie, IL 60076
    • Sigler's Auto Body — 7501 Lincoln Ave, Skokie, IL 60076
    • Sherman Dodge Service Center — 7601 Skokie Blvd, Skokie, IL 60077

    FAQs

    What type of property is this?
    Auto shop - Commercial property with established business in Skokie, Illinois.
    Where is this auto shop located?
    The property is located at 3650 Oakton Street Skokie, IL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Business, equipment, and real estate included in sale.; Established business (body‑shop and custom wheelchair van & mobility conversion shop) with financials available to qualified buyers.; M2 zoning allows for light industry, operation manufacturing, service, and automotive use.
    Contact an agent
    (312) 513-4490
    We can help!
    Contact an agent
    Mark Ahmad
    Mark Ahmad
    Real Estate License ID: 471007186
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