4448 Oakton Street, Skokie, IL 60076
Single-story suite with reception, conference rooms, multiple private offices, kitchenette, and two restrooms.
- Added:
- Jun 3, 2026
- Days on Market:
- 23
- Last Refresh:
- Jun 20 at 3:15 am
Property Features for 4448 Oakton Street
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1958
Listing office CENTURY 21 Circle (773) 983-1553
Listing date Jun 3, 2026
Source Crexi
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HighLights
- 1958‑built single‑story building offering approximately 1,700 SF
- Currently set up as an attorney office with reception area and multiple conference/private offices
- Includes kitchenette plus 2 baths
- Versatile space that can fit retail, office, showroom, medical, and more
- Located in a business corridor with walkable access to Lincoln Ave and Oakton St, plus nearby dining, shops, and entertainment
Overview
Set in a business corridor with access to the northwest suburbs, the property is surrounded by everyday amenities such as nearby dining, shops, and entertainment venues. Skokie Heritage Museum and Emily Oaks Nature Center are just steps away, and the property is within walking distance of Lincoln Ave and Oakton St. Transit access is also noted via the Tran Station, with major roads and interstates within a short distance.
For tenants and buyers seeking a straightforward, client-facing layout, the combination of reception, meeting space, and multiple private offices supports day-to-day operations and confidential work. The included kitchenette and two restrooms add convenience for staff and visitors. With its adaptable use profile, the building can fit businesses looking for a compact, single-story presence in a retail-and-professional setting.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $21.60 |
| − Vacancy | −$3.0k | −$1.77 |
| EGI | $33.7k | $19.83 |
| − OpEx | −$10.1k | −$5.95 |
| NOI | $23.6k | $13.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Skokie
- County
- Cook
- State
- Illinois
- Longitude
- -87.7397805
- Latitude
- 42.0264361