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Single-Story Office Building
For Lease
$17 SF/Yr

4640 Oakton Street, Skokie, IL 60076

Training-oriented layout with private offices and conference rooms supports several professional workplace configurations.

Space Size1,550 SF - 2,650 SF
Days on Market947

Property Features for 4640 Oakton Street

General Information

Standard status Active
Size 1,550 SF - 2,650 SF
Net Rentable 1,550 SF
Zoning COMMR

Space & Availability

Available Space 1,550-2,650 SF
Divisible Yes
Space Use Office

Site & Location

Road Access Yes
Public Transit Yes

Building Details

Year Built 1930
Stories 1
Building Size 2,650 SF
Listing Agency: Strauss Realty Ltd
Listed By: Patrick Duffy · License #475140988
Source: Perillorealestategroup
Added: Jan 6, 2024 Changed: Aug 4 Last Checked: Aug 9 at 1:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This single-story office building contains 2,650 SF and is currently configured as a training facility with office and conference areas. The space can be divided to provide a 1,550 SF configuration, offering flexibility for different operational requirements. Built in 1930, the property carries COMMR zoning and is offered for lease.

The building occupies Oakton Street in Skokie, next to Diana's Bridal and approximately a four-minute walk from the Oakton-Skokie Yellow Line station. Its existing layout is suited to office, training, school, and home health care uses identified for the property, subject to applicable requirements.

Key Highlights

  • 2,650 SF single‑story office building
  • Divisible to 1,550 SF
  • Currently configured as a training facility

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Grocery & Convenience Store Gym & Fitness Center Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,076
Businesses Nearby

Demographics for 60076, IL

34,295
Population
11,908
Households
2.9
Avg Household Size
42
Median Age
52%
College-Educated
91%
High-School Grad
5.1 sq mi
ZIP Area
6,725
Density / Sq Mi
$103,870
Median Household Income
$50,336
Median Earnings
$1,576
Median Rent
$381,000
Median Home Value

Market

Lease Benchmarks for Skokie, IL

$21.25 /SF/Yr
Avg Asking Price
$12–$26.5 /SF/Yr
Price Range
5,173 SF
Avg Space Size

This space is priced 20% below the average of $21.25 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Training-oriented layout with private offices and conference rooms supports several professional workplace configurations.
Where is this office units located?
The property is located at 4640 Oakton Street Skokie, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 2,650 SF single‑story office building; Divisible to 1,550 SF; Currently configured as a training facility
More about this property
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