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    4958 Oakton St Skokie, IL 60077

    New
    Picture of Retail space at Oakton St 4958, Skokie, IL
    Under Contract
    For Sale
    $245,000

    Business Opportunity - Skokie, IL

    Days on Market:
    4
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 4958 Oakton St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    10214140821023

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 465-4200 License #471007186

    Listing date Dec 8, 2025

    MLS# 12529591 Listing URL

    Copyright © 2025 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.

    Overview

    Skokie Commercial Condo For Sale

    This commercial condominium, currently used as a hair salon, is located in downtown Skokie. The property is approximately 900 square feet and comes fully equipped. It includes one parking space. The property is leased until December 31, 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hair Culture Studio Hair Salon Gaite's Beauty Salon Beauty Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Skokie
    County
    Cook
    State
    Illinois
    Longitude
    -87.7521374
    Latitude
    42.0266435

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    FAQs

    What type of property is this?
    Retail space - Commercial condo in downtown Skokie, leased until December 2026.
    Where is this retail space located?
    The property is located at 4958 Oakton St Skokie, IL.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: - Prime downtown Skokie location; - Leased until December 31, 2026, providing immediate income; - Fully equipped and established hair salon
    (773) 465-4200
    Request Owner's contact information
    4958 Oakton St Skokie, IL 60077
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    Skokie, IL 60077
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4958 Oakton St Skokie, IL 60077
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