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316-24 Lake St
Oak Park, IL 60302
316-24 Lake St · Multifamily Property For Sale
·
14 Units
Executive Summary
Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire 316-324 Lake Street
(the “Property”), a value-add mixed-use building in Oak Park, Illinois. Oak Park is the closest suburb to the City of Chicago. The
Property presents an impressive 104 feet of frontage along Lake Street.
The ±16,372-square foot mixed-use building is situated on ±16,460-square feet of land featuring ten (10) apartment units and
four (4) ground floor commercial retail suites. The Property also has thirteen (13) off-street parking spaces.
(the “Property”), a value-add mixed-use building in Oak Park, Illinois. Oak Park is the closest suburb to the City of Chicago. The
Property presents an impressive 104 feet of frontage along Lake Street.
The ±16,372-square foot mixed-use building is situated on ±16,460-square feet of land featuring ten (10) apartment units and
four (4) ground floor commercial retail suites. The Property also has thirteen (13) off-street parking spaces.
Property Facts Under Contract
| Sale Type | Investment | Lot Size | 0.46 AC |
| No. Units | 14 | Building Size | 16,372 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1927 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 16,372 SF |
| No. Stories | 2 |
| Year Built | 1927 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 550 |
Property Taxes
| Parcel Number | 16-08-118-022-0000 | Improvements Assessment | $192,776 |
| Land Assessment | $23,621 | Total Assessment | $216,397 |
Property Taxes
Parcel Number
16-08-118-022-0000
Land Assessment
$23,621
Improvements Assessment
$192,776
Total Assessment
$216,397
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