5009 Oakton Street, Skokie, IL 60077 - Photo 1

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$875,000 -$75,000 (-7.89%) Price Reduced

For Sale
Active
Commercial
5,460 Sq. Ft.
Updated 9 hours ago

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Property Description

Move-in ready single-story office/retail building in the heart of downtown Skokie! Offering a hard-to-find size of 5,460 square feet, this well-maintained property features vaulted ceilings and skylights that fill the space with natural light, creating a bright and welcoming work environment. The layout provides excellent flexibility for a variety of professional uses, all in a prime location with outstanding visibility and accessibility. Currently built out as a high-end office space but this can also work for numerous other office or retail users. Plenty of free parking all around the property plus we are only a couple of blocks from the CTA yellow line station.

Full Property Details

Full Property Details for 5009 Oakton St

General

Price: $875,000
Taxes: $48,531 (2023)
Status: Active
Type: Commercial
Source: MRED
MLS ID: 12474541
Updated: 2/5/2026
Added to Site: 141 day(s) ago

Additional Information

Security/Safety: Alarm Monitored, Fire Extinguisher(s)

Location

Area: Skokie
County: Cook
Township: Niles
Driving Directions: On Oakton Between Lincoln and Skokie Blvd
Location Details: North Suburban, Central Business District

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Central Heat/Individual Controls, Forced Air, Gas, None

Structural Information

Stories/Levels: 1
Square Feet: 5,460
Current Bldg. Use: Commercial, Office
Year Built: 1952
Built Before 1978: Yes

Lot Features

Lot Size (Sq. Ft.): 5,900
Lot Dimensions: 50 x 118
Frontage: City Street
Potential Use: Commercial, Office, Retail
Zoning: RTAIL

Financial Considerations

Lease Price: $28
For Sale/Rent/Lease: For Sale or Rent
Operating Expenses: $48,531
Security Deposit: Alarm Monitored, Fire Extinguisher/s
Assessment Year: 1952
Tax Amount: $48,531
Tax Year: 2023
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Insurance, Repairs, Scavenger, Sewer, All Utilities

Disclosures and Reports

Property ID: 10282010350000

Listed by Bluestone Asset Management LLC

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Schools

Schools serving 5009 Oakton St

School Districts:Skokie School District 69, Niles Township Community High School District 219

Name	Grades	Distance
Lincoln Jr High School, Skokie, IL 7839 Lincoln Avenue, Skokie, IL 60077	6-8	0.1 mi
Madison Elementary School, Skokie, IL 5100 Madison Street, Skokie, IL 60077	PK-2	0.4 mi
Thomas Edison Elementary School 8200 Gross Point Road, Morton Grove, IL 60053	3-5	0.7 mi
Niles West High School 5701 Oakton Street, Skokie, IL 60077	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5009 Oakton St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/05/2026

Price Reduced

$875,000

-7.89%

MLS

9/17/2025

Listed

$950,000

-1.3%

MLS

2/20/2017

Sold

$962,500

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 5009 Oakton St

Year

Property Taxes

Change

Tax Assessment

Change

2023

$48,531

—

$155,606

—

2022

$48,506

-13%

$155,606

2021

$55,772

$154,000

—

2020

$55,379

12%

$154,000

—

2019

$49,505

26%

$154,000

40%

2018

$39,381

—

$110,000

—

2017

$39,557

$110,000

—

2016

$37,274

-31%

$110,000

-27%

2015

$54,007

$151,250

—

2014

$52,795

-1%

$151,250

—

2013

$53,503

$151,250

—

2012

$49,589

—

$151,250

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 5009 Oakton St

5009 Oakton Street, Skokie, IL 60077 (MLS# 12474541) is a Commercial property. 5009 Oakton Street is currently listed for $875,000 and was received on September 17, 2025. Want to learn more about 5009 Oakton Street? Do you have questions about finding other Commercial real estate for sale in Skokie? You can browse all Skokie real estate or contact a Coldwell Banker agent to request more information.

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5009 Oakton St Skokie, IL 60077