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Property Description
Bright & spacious street level commercial storefront in fantastic Niles location! Approximately 800sf of unobstructed space that you can configure to fit your needs. Break area at the back has kitchenette style vanity/sink, countertop, access to bathroom, and utility closet/storage. Entire space has generous ceiling height, large display windows in front, great visibility from heavily-trafficked Oakton, plus southern exposure, for all the sunlight! Rear exit goes to paved parking for up to 2 cars for this space with alley access, plus plenty of public parking in front, on Wisner, as well as on Washington to the west. This space was most recently occupied for 15 years as a successful, established insurance agency, another insurance agency would have instant recognition. An attractive, versatile space that can accommodate a variety of uses. Rub shoulders with a photographer, a Pilates instructor, and a salon! Definitely worth a look! Call to show, short notice ok.
Full Property Details
Full Property Details for 7940 W Oakton Ave
General
- Taxes: (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12371725
- Updated: 12/18/2025
- Added to Site: 242 day(s) ago
Interior
- Interior Features: Computer Floor, Private Restroom(s)
- Flooring: Carpet, Tile
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: Niles
- County: Cook
- Driving Directions: The northwest corner of Wisner & Oakton, a couple of blocks east of the stoplight intersection of Oakton & Prospect.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Ceiling Height: 9
- Sub-Flooring: Carpet, Tile
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 1970
Unit Information
- # Tenants: 4
Lot Features
- Frontage: City Street, Paved
- Zoning: COMMR
Financial Considerations
- Lease Price: $28
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1970
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Sewer, All Utilities
Listed by Pontarelli Associates
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Schools
Schools serving 7940 W Oakton Ave
School Districts:Park Ridge Consolidated Community School District 64, Maine Township High School District 207
| Name | Grades | Distance |
|---|---|---|
Eugene Field Elementary School, Park Ridge, IL 707 Wisner Street, Park Ridge, IL 60068 | K-5 | 0.4 mi |
Emerson Middle School, Niles, IL 8101 North Cumberland Avenue, Niles, IL 60714 | 6-8 | 0.4 mi |
Maine East High School 2601 Dempster St, Park Ridge, IL 60068 | 9-12 | 1.9 mi |
Maine South High School 1111 South Dee Road, Park Ridge, IL 60068 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 7940 W Oakton Ave
7940 W Oakton Avenue, Niles, IL 60714 (MLS# 12371725) is a Commercial Lease property. 7940 W Oakton Avenue is currently listed for and was received on May 21, 2025. Want to learn more about 7940 W Oakton Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Niles? You can browse all Niles real estate or contact a Coldwell Banker agent to request more information.

