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400-402 Lake St
Oak Park, IL 60302
Retail Property For Sale

Investment Highlights

  • Prime Location: One Block from the Metra and CTA Green Line Stations, Offering Convenient Access to Downtown Oak Park and the Greater Chicago Area
  • Value-Add Opportunity: Significant Upside Potential Through Leasing and Market Rent Adjustments
  • Excellent Accessibility: Surrounded by a Variety of Restaurants, Shops, and Services, with Quick Access to Major Transportation Options
  • High-Demand Market: Located in a Sought-After Submarket with Strong Potential for Long-Term Appreciation

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,500 SF
Building Class
C
Year Built
1918
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.11 AC
Frontage
55’ on Lake St

Amenities

  • Bus Line
  • Corner Lot
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
16-07-223-022-0000
Land Assessment
$5,955
Improvements Assessment
$81,045
Total Assessment
$87,000
  • Listing ID: 34464267

  • Date on Market: 1/13/2025

  • Last Updated:

  • Address: 400-402 Lake St, Oak Park, IL 60302

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