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127 N Marion St 2,500 SF of Retail Space Available in Oak Park, IL 60301
HIGHLIGHTS
- Walker's Paradise Score 98/100
- Excellent Visibility
- Dense population
- Surrounded by local and national restaurants/retailers
- Full-size basement (2,500sf)
- 18,100 + households within 1 mile
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500 SF | Negotiable | $32.00 /SF/YR $2.67 /SF/MO $80,000 /YR $6,667 /MO | Triple Net (NNN) |
1st Floor
Retail Available: 2,500 sf plus full basement. Located in the heart of Downtown Oak Park’s vibrant retail and business district, 127 N Marion St offers a premier storefront opportunity in one of the area’s most walkable and dynamic commercial corridors. This 2,500 sft retail space, originally built in 1917, blends historic charm with modern accessibility, making it ideal for boutique retail, specialty services, or experiential concepts.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT 127 N MARION ST, OAK PARK, IL 60301
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Berg Properties
- -
- 5
- -
- Holistic Health & Human Services
- Health Care and Social Assistance
- 1
- -
- Marion Street Dental - Dr. Linda Oster Llc
- Health Care and Social Assistance
- 1
- -
- Shirtworks
- Business/Copy/Postal Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Berg Properties | - | 5 | - |
| Holistic Health & Human Services | Health Care and Social Assistance | 1 | - |
| Marion Street Dental - Dr. Linda Oster Llc | Health Care and Social Assistance | 1 | - |
| Shirtworks | Business/Copy/Postal Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,500 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 1917 |
| Property Subtype | Storefront |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1917 |
ABOUT THE PROPERTY
Nestled in the heart of Oak Park, an ideal destination for retail and strip center investment, the area around the property offers an array of attractions for prospective investors. With its close proximity to downtown Chicago, the property benefits from a thriving retail market and strong community foot traffic. Noteworthy nearby points of interest include the vibrant shopping and dining district along Lake Street. This bustling locale is also well-connected with excellent public transportation and convenient access to major highways, ensuring an optimal environment for successful retail ventures. Embrace the opportunity to invest in this dynamic, high-demand retail market.
- 24 Hour Access
- Commuter Rail
- Air Conditioning
NEARBY MAJOR RETAILERS
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127 N Marion St
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