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Signalized-Corner Storefront Property
For Sale
Contact for pricing
Pending

4935-45 Oakton Street, Skokie, IL 60077

Single-story retail building with rear parking and as-of-right mixed-use redevelopment potential.

Property SizeContact for details
Days on Market147

Property Features for 4935-45 Oakton Street

General Information

Standard status Pending
Total Parking Spaces 8
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 19,000 vehicles/day

Building Details

Buildings 1
Stories 1
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #471022713
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Sep 2 at 9:00PM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This single-story retail building occupies the southeast corner of Oakton Street and Niles Avenue in Downtown Skokie. The property includes rear parking for up to eight vehicles and benefits from exposure to more than 19,000 VPD. Its storefront configuration supports continued retail use within an established commercial setting.

The property is three blocks west of the Oakton “Skokie Swift” CTA Station and is near Walgreens, Bank of America, Aldi, and Ace Hardware. As-of-right zoning allows consideration of mixed-use redevelopment with residential space on upper levels, consistent with nearby properties. The offering is located at 4935-45 Oakton Street, Skokie, Illinois 60077.

Key Highlights

  • Southeast corner of the signalized Oakton Street and Niles Avenue intersection
  • Single‑story storefront retail building in Downtown Skokie
  • Rear parking for up to eight (8) vehicles

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Bakery Garden Center (Bike/Boat/Book/etc) Store Catering Service Cosmetic Store Restaurant

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

19,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,444
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 37% Groceries 37% Dining 14% Home Improvements & Furnishings 11%
Aldi Groceries
15,453 visits/mo 0.1 miles
Chase Bank Shops & Services
10,444 visits/mo 0.2 miles
Village Inn Dining
6,020 visits/mo 0.3 miles
Ace Hardware Of Skokie Home Improvements & Furnishings
3,660 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
2,429 visits/mo 0.4 miles

Demographics for 60077, IL

28,856
Population
11,317
Households
2.5
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
6,870
Density / Sq Mi
$80,765
Median Household Income
$40,996
Median Earnings
$1,450
Median Rent
$327,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Single-story retail building with rear parking and as-of-right mixed-use redevelopment potential.
Where is this storefront property located?
The property is located at 4935-45 Oakton Street Skokie, IL.
What are key features of this property?
This property features: Southeast corner of the signalized Oakton Street and Niles Avenue intersection; Single‑story storefront retail building in Downtown Skokie; Rear parking for up to eight (8) vehicles
(847) 542-9058 Call to check price and availability
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