3706 Oakton St, Skokie, IL 60076-3407
This exceptional Skokie business opportunity presents a single-story brick building ideally suited for a warehouse or light manufacturing operation. Located on a main street, the 3,159 square foot property boasts a prime location with excellent visibility and accessibility. The building features newer windows and a recently updated HVAC system (approximately 8 years old), ensuring efficient and comfortable operation. Ample parking is available with a side drive accommodating 7-9 vehicles, plus additional space in the rear for 2 more cars. A newer overhead rear door facilitates easy loading and unloading of materials. Inside, the functional layout includes a dedicated office space, two bathrooms, and a fire alarm system for enhanced safety. The property includes two lots with a single PIN number. Currently operating as a well-established mechanic shop, the building is being sold "as is" and includes optional equipment such as a lift and compressor, available for separate purchase. This versatile property offers a unique blend of established infrastructure and significant potential for a variety of businesses. Its convenient location and ample parking make it an attractive option for entrepreneurs seeking a ready-to-use commercial space in a thriving area. The property's solid construction and recent upgrades ensure a smooth transition for the new owner. This is a rare opportunity to acquire a well-maintained commercial property in a desirable location at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.