4849 W Oakton Street Skokie, IL 60077

Building Details

Floors in Building

1

Building materials

Concrete

Listing agent Mark Ahmad License #471007186 Show Phone

Listing office Century 21 Circle e***@coldwellbanker.com 3372 W Devon Ave, Chicago, IL Show Phone

Listing date Apr 16, 2026

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MLS# 12619920

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.

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Investment Insights

Based on property information with market context.

This property is a pizza restaurant offering an approximately 1,000-square-foot setup, with some equipment included for an easier transition. The space is presented as an operating food service location, and the lease structure should be reviewed alongside the included items.

Located on the Oakton St./Lincoln Ave. entertainment live corridor between Skokie Blvd. and Lincoln Ave., the restaurant sits within a block that includes other restaurants and coffee shops. The surrounding area is described as a mix of high-density residential and commercial districts, and the site is noted as steps to public transportation.

The property is offered for sale with a tenant in place. Monthly rent is stated as $3,500, and the lease is set to expire on May 15, 2029, with two additional five-year option periods to renew. The COMMR zoning classification is provided for planning and due diligence. Interested buyers and tenant/broker teams should confirm the specifics of the equipment included and review the lease terms and options as part of their underwriting.

Key Highlights

• Approx. 1,000 SF pizza restaurant space
• Monthly rent of $3,500; lease expires May 15, 2029
• Lease includes 2 (five) year options to renew

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FAQs

What type of property is this?

Conventional restaurant - For sale pizza restaurant with included equipment and an active lease through May 15, 2029.

Where is this conventional restaurant located?

The property is located at 4849 W Oakton Street Skokie, IL.

What is the asking price?

The asking price for this property is $59,000.

What are key features of this property?

This property features: Approx. 1,000 SF pizza restaurant space; Monthly rent of $3,500; lease expires May 15, 2029; Lease includes 2 (five) year options to renew