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1053 W Lake St
Oak Park, IL 60301
Retail Property For Sale
Investment Highlights
- ±5,586 SF Three-Story Retail and Office
- Prime location in the heart of downtown Oak Park
- Three Full Floor Tenants | 100% Occupied
- High visibility | Blocks to the CTA
Executive Summary
VN Chicago Commercial is pleased to present 1053 Lake Street, a ±5,586 SF Three-Story Retail and Office Building in Oak Park, Illinois. Located in the heart of downtown Oak Park, this property is 100% occupied with three full-floor tenants, elevator, plenty of windows. Retail Restaurant on Ground Floor with outdoor patio, 2 restrooms, prep area and kitchen. Second Floor Music Institute has 6 offices, lobby areas, 2 restrooms with building signage. Third Floor Wellness Group has lobby and reception, 4 offices, kitchenette area, 2 restrooms. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area. Price STO.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,586 SF
Building Class
C
Year Built
1913
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.80
Lot Size
0.16 AC
Frontage
27’ on Lake Street
Amenities
- Bus Line
- Air Conditioning
Property Taxes
| Parcel Number | 16-07-126-002-0000 | Improvements Assessment | $137,660 CAD |
| Land Assessment | $21,871 CAD | Total Assessment | $159,531 CAD |
Property Taxes
Parcel Number
16-07-126-002-0000
Land Assessment
$21,871 CAD
Improvements Assessment
$137,660 CAD
Total Assessment
$159,531 CAD
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