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INVESTMENT HIGHLIGHTS
- Unique freestanding building with parking lot in highly sought after Oak Park - ideal for an owner/user or investor looking for value-adde
- Features on-site parking with 41 parking spaces and excellent frontage along North Avenue (30,200+ VPD)
- Second generation fitness space with high ceilings and open floorplans - ideal for a variety of users
EXECUTIVE SUMMARY
Prominently located freestanding retail building at the southwest corner of North Avenue and Ridgeland Avenue in Oak Park. The building is 14,000 square foot second generation fitness facility. The building features a flexible layout ideal for a variety of retail, fitness, medical, or service-based uses, with open floor plans, high ceilings, and abundant natural light. The Property includes on-site parking adjacent to the building and benefits from direct access and visibility along North Avenue (approx. 30,200 VPD). The offering presents a compelling purchase opportunity for an owner/user or a value-add opportunity through lease-up or adaptive reuse. The prominent corner location, strong surrounding demographics, and proximity to Chicago, along with a large on-site parking, lot makes it an attractive opportunity for retail and medical users. Nearby retailers include Walmart, Jewel-Osco, Walgreens, McDonald’s, AutoZone Auto Parts, Dunkin’, CVS Pharmacy, Popeyes, Jimmy John’s, & Chase Bank, among many others.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,000 SF
Building Class
C
Year Built
1964
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.83 AC
Zoning
Business
Parking
42 Spaces (3 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Mezzanine
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-05-102-032-0000 | Improvements Assessment | $136,680 CAD |
| Land Assessment | $406,120 CAD | Total Assessment | $542,800 CAD |
PROPERTY TAXES
Parcel Number
16-05-102-032-0000
Land Assessment
$406,120 CAD
Improvements Assessment
$136,680 CAD
Total Assessment
$542,800 CAD
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6209 W North Ave
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