Industrial Property with Truck
For Sale
Contact for pricing
3450 Oakton St, Skokie, IL 60076
Truck parking is available, supporting commercial vehicle operations.
Property Size67,700 SF
Price / SF$117.43
Days on Market50
Property Features for 3450 Oakton St
General Information
Standard status
Active
Size
67,700 SF
Total Parking Spaces
100
Property subtype
INDUSTRIAL
Listing Agency:
Strauss Realty, Ltd.
(773) 736-3600
Listed By:
MJ Weinberger · License #475183341
(847) 334-2587
Source:
Moodyscre
Added: Sep 1
Changed: Oct 7
Last Checked: Oct 19 at 7:17AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property contains 67,700 square feet of space and includes truck parking. The site also offers parking for approximately 100 vehicles, providing substantial on-site vehicle capacity. High-end upgrades are available for the property.
Key Highlights
- 67,700‑square‑foot industrial property
- Truck parking available
- Parking for approximately 100 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$291,426
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,828,520
$5.8M
Cap Rate 7%
$4,163,229
$4.2M
Cap Rate 9%
$3,238,067
$3.2M
Market Conditions
NOI Build-Up for 67,700 SF
Gross rent
$438.7K $6.48/SF
− Vacancy
−$22.4K −$0.33/SF
EGI
$416.3K $6.15/SF
− OpEx
−$124.9K −$1.84/SF
NOI
$291.4K $4.30/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,828,520
Cap Rate 7%
$4,163,229
Cap Rate 9%
$3,238,067
Alternative Uses
Best Use
Industrial
$4.16M
$3.64M – $4.86M
NOI $291,426 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$23.37M
$20.45M – $27.27M
NOI $1,636,161 @ 7.0% cap · market cap 20.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
981
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Truck parking is available, supporting commercial vehicle operations.
Where is this industrial property located?
The property is located at 3450 Oakton St Skokie, IL.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 67,700‑square‑foot industrial property; Truck parking available; Parking for approximately 100 vehicles
