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For sale
Showrooms
IL
Skokie
3300 Oakton St

Skokie Retail Investment Opportunity

3300 Oakton St, Skokie, IL

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For Sale

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NNN leased Floor & Decor in Chicago MSA.

Type:RETAIL

Property size:

73,000 SF

Lot size:

3.71 Acres

Price / SF:

$202/SF

HighLights

Located within the Chicago MSA, the 3rd largest in the US by population
Tenant is Floor & Decor (NYSE: FND), a leading publicly traded retailer
Affluent community with $148,000+ average household income within a 1‑mile radius
Features 10% rental escalations in each renewal option
High traffic location at a signalized intersection (31,900 VPD & 18,000 VPD)
In close proximity to many national retailers

We can help!

Listing Contact

Randy Blankstein

For Sale

Contact for pricing

NNN leased Floor & Decor in Chicago MSA.

Type:RETAIL

Property size:

73,000 SF

Lot size:

3.71 Acres

Price / SF:

$202/SF

Added:: Sep 24, 2025
Days on Market:: 268
Last Refresh:: May 20 at 9:08 pm

Property Features for 3300 Oakton St

General Information

Standard status: Active
Size: 73,000 SF
Lot size: 3.71 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Randy Blankstein

Listing agent Randy Blankstein License #471005983

Listing office The Boulder Group - Corporate

Listing date Sep 24, 2025

Source Moodyscre

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 The Boulder Group - Corporate

HighLights

Located within the Chicago MSA, the 3rd largest in the US by population
Tenant is Floor & Decor (NYSE: FND), a leading publicly traded retailer
Affluent community with $148,000+ average household income within a 1‑mile radius
Features 10% rental escalations in each renewal option
High traffic location at a signalized intersection (31,900 VPD & 18,000 VPD)
In close proximity to many national retailers

Overview

This retail property is located within the Chicago MSA, which is ranked third in the United States for population size. The property has operated successfully since 2014, with a built-to-suit construction for Floor & Decor in the same year. Floor & Decor (NYSE: FND) is a publicly traded specialty retailer of hard-surface flooring, operating 251 stores. The lease includes 10% rental escalations in each renewal option. The surrounding community is affluent, with an average household income exceeding $148,000 within a one-mile radius. The property benefits from a signalized intersection along McCormick Boulevard, which sees 31,900 vehicles per day, and Oakton Street, with 18,000 vehicles per day. Over 600,000 people reside within a five-mile radius. The property is located near national retailers, including The Home Depot, Sam’s Club, Target, Ross, ALDI, PetSmart, Jewel-Osco, Marshalls, and Five Below. It is also located 10 miles northeast of O’Hare International Airport. The property has a size of 73,000 square feet.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.58M	$21.60
− Vacancy	−$129.3k	−$1.77
EGI	$1.45M	$19.83
− OpEx	−$434.3k	−$5.95
NOI	$1.01M	$13.88

73,000 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$14.48M

$12.67M – $16.89M (±1% cap)

NOI $1,013,252 @ 7.0% cap · market cap 6.87%

Second Best

—

no second resolved use

Theoretical Best

Office A

$25.20M

$22.05M – $29.40M (±1% cap)

NOI $1,764,250 @ 7.0% cap · market cap 11.96%

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

Property Profile Location Intelligence

Current Use by Public Records

Precision Partners Holding ... Industrial Manufacturer Floor & Decor Carpet & Flooring Store

Suggested Use

Similar Places Nearby

Orizigh Designs — 2807 W Howard St, Chicago, IL 60645
Floor & Decor — 3300 Oakton St, Skokie, IL 60076
Andy OnCall®
Custom Marble Design — 8111 St Louis Ave, Skokie, IL 60076
AQJ INC Skokie — 3515 W Howard St, Skokie, IL 60076

Location Insight

Map
Local Demand

City: Skokie
County: Cook
State: Illinois
Longitude: -87.7117
Latitude: 42.0272

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For sale
Showrooms
IL
Skokie
3300 Oakton St

What type of property is this?

Showroom - NNN leased Floor & Decor in Chicago MSA.

Where is this showroom located?

The property is located at 3300 Oakton St Skokie, IL.

What is the asking price?

The asking price for this property is $14,750,000.

What are key features of this property?

This property features: Located within the Chicago MSA, the 3rd largest in the US by population; Tenant is Floor & Decor (NYSE: FND), a leading publicly traded retailer; Affluent community with $148,000+ average household income within a 1‑mile radius

3300 Oakton St, Skokie, IL

NNN leased Floor & Decor in Chicago MSA.

Property Features for 3300 Oakton St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

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