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1053 W Lake St 5,586 SF 67% Leased Retail Building Oak Park, IL 60301 For Sale
Investment Highlights
- ±6,000 SF Three-Story Retail and Office
- Prime location in the heart of downtown Oak Park
- Full Floor Tenant Opportunity | 67% Occupied
- High visibility | Blocks to the CTA
Executive Summary
SVN 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 67% occupied with two full-floor tenants, an elevator, and plenty of windows. Retail Restaurant on the ground floor with an outdoor patio, 2 restrooms, a prep area, and a kitchen. Second-floor vacant space has 6 offices, lobby areas, 2 restrooms, and building signage. Third Floor Wellness Group has a lobby and reception, 4 offices, a kitchenette area, and 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
67%
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
Space Availability
- Space
- Size
- Space Use
- Position
- Available
+/-1,400 SF Office Suite | Elevator Access Reception/Waiting Area | 6 Private Offices 2 Interior Restrooms | Storage Closet Abundant Light | Windows Facing Lake Street
| Space | Size | Space Use | Position | Available |
| Suite 2 | 1,400 SF | Office | - | Now |
Suite 2
| Size |
| 1,400 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Suite 2
| Size | 1,400 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
+/-1,400 SF Office Suite | Elevator Access Reception/Waiting Area | 6 Private Offices 2 Interior Restrooms | Storage Closet Abundant Light | Windows Facing Lake Street
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-07-126-002-0000 | Improvements Assessment | $100,707 |
| Land Assessment | $16,000 | Total Assessment | $116,707 |
Property Taxes
Parcel Number
16-07-126-002-0000
Land Assessment
$16,000
Improvements Assessment
$100,707
Total Assessment
$116,707
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
1053 W Lake St