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1053 W Lake St

5,586 SF 100% Leased Retail Building Oak Park, IL 60301 For Sale

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.

Attachments

SVN - SALES Brochure

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
Number of Floors
3
Building FAR
0.80
Land Acres
0.16 AC

Links

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1053 W Lake St, Oak Park, IL - aerial map view
Walk Score ®
Walker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Byline Bank
Yoga Six
Chase Bank
Cooper's Hawk Winery & Restaurant
Club Pilates
Nando's
SPENGA
Trader Joe's
Whole Foods
Noodle & Company

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-07-126-003-0000
  • 16-07-126-002-0000
 Improvements Assessment £291,652
Land Assessment £55,546 Total Assessment £347,198

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-07-126-003-0000
  • 16-07-126-002-0000
Land Assessment
£55,546
Improvements Assessment
£291,652
Total Assessment
£347,198
(312) 602-5346

  • Listing ID: 33110426

  • Date on Market: 09/09/2024

  • Last Updated:

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

The Retail Property at 1053 W Lake St, Oak Park, IL 60301 is currently available For Sale. Contact SVN | Chicago Commercial for more information.

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© 2024 CoStar Group

1053 W Lake St
(312) 602-5346 x

1053 W Lake St

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Karen Kulczycki

(312) 602-5346

(312) 602-5346

Olivia Wirth

(312) 770-0119

(312) 770-0119

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