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4935 Oakton St, Skokie, IL 60077

Divisible retail space at a prominent intersection with potential for owner occupancy or leasing to established operators.

Space Size1 SF
Days on Market4

Property Features for 4935 Oakton St

General Information

Standard status Active
Size 1 SF
Property subtype Retail

Spaces For Lease

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Available Space

Size
1 SF
Availability
Active
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Listing Agency: Core Realty & Investments Inc.
Listed By: Maxim Gorenyuk · License #IL475138942
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 3:02PM

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 Core Realty & Investments Inc.

Investment Insights

Based on property information with market context.

This storefront property occupies the corner of Oakton Street and Niles Avenue in downtown Skokie. The building can accommodate an owner-user, a developer, or a subdivided retail configuration, with spaces beginning at 2,000 square feet. The property is positioned for retail, QSR, regional, and national-chain users, subject to applicable requirements.

The site is directly across Oakton Street from the 24-acre Illinois Science and Technology Park, which employs over 11,000 people. Surrounding development includes a flagship hotel and parking facility, the 153-unit 8000 North multifamily and mixed-use project, a 17,000-square-foot gaming lounge, and a senior living facility. The address is 4935 Oakton St, Skokie, IL 60077.

Key Highlights

  • Corner location at Oakton Street and Niles Avenue in downtown Skokie
  • Divisible retail configuration with a 2,000‑square‑foot minimum
  • Directly across Oakton Street from the 24‑acre Illinois Science and Technology Park

Property Analytics

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Current Use

Alf Italia Showroom Furniture & Home Goods Casa Elegante - European ... Furniture & Home Goods

Suggested Use

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

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

NNN (Triple Net)
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Divisible retail space at a prominent intersection with potential for owner occupancy or leasing to established operators.
Where is this storefront property located?
The property is located at 4935 Oakton St Skokie, IL.
What are key features of this property?
This property features: Corner location at Oakton Street and Niles Avenue in downtown Skokie; Divisible retail configuration with a 2,000‑square‑foot minimum; Directly across Oakton Street from the 24‑acre Illinois Science and Technology Park
More about this property
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