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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

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Full Fl
  • 1,862 SF
  • Office
  • -
  • 30 Days

SVN Chicago Commercial is pleased to present a ±1,862 SF office suite at 1053 Lake Street, a 3-story Mixed-Use building located in the heart of downtown Oak Park. The third-floor office suite has high-end finishes with abundant natural light and includes a reception/waiting area, 4 private offices, a kitchen, 2 internal restrooms, and storage. 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.

Space Size Space Use Position Available
Full Fl 1,862 SF Office - 30 Days

Full Fl

Size
1,862 SF
Space Use
Office
Position
-
Available
30 Days

Full Fl

Size 1,862 SF
Space Use Office
Position -
Available 30 Days

SVN Chicago Commercial is pleased to present a ±1,862 SF office suite at 1053 Lake Street, a 3-story Mixed-Use building located in the heart of downtown Oak Park. The third-floor office suite has high-end finishes with abundant natural light and includes a reception/waiting area, 4 private offices, a kitchen, 2 internal restrooms, and storage. 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.

Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100

Nearby Major Retailers

YogaSix
Byline Bank
Chase Bank
Cooper's Hawk Winery & Restaurant
Citi
Boston Market
Tgi Friday's
First Watch
Nando's
Club Pilates

Property Taxes

Property Taxes

Parcel Number
16-07-126-002-0000
Land Assessment
$16,000
Improvements Assessment
$100,707
Total Assessment
$116,707
  • Listing ID: 33110426

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 1053 W Lake St, Oak Park, IL 60301

Contact the Sale Advisor

1053 W Lake St

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