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4907 Oakton St 2,700 SF Retail Building Skokie, IL 60077 $675,000 ($250/SF) 6.37% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent street front exposure
- Solid traffic
- Multi-year lease with renewal option
EXECUTIVE SUMMARY
Fully equipped and operating, established restaurant space. Ideal for end user or investment opportunity in the heart of downtown Skokie. Single tenant property with a vibrant user. First year of a multi-year lease with an option to renew. Fully updated property.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,700 SF
Year Built/Renovated
1951/2018
Price
$675,000
Price Per SF
$250
Cap Rate
6.37%
NOI
$42,980
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.71 AC
Zoning
CX - Ground floor retail and other service uses open to customers. Upper story uses may be other commercial uses or residences.
Parking
3 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Commuter Rail
- Restaurant
- Accent Lighting
- Air Conditioning
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 10-28-202-014-0000 | Total Assessment | $69,080 (2024) |
| Land Assessment | $10,850 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $58,230 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
10-28-202-014-0000
Land Assessment
$10,850 (2024)
Improvements Assessment
$58,230 (2024)
Total Assessment
$69,080 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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4907 Oakton St
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