3-Story Oak Park Investment Opportunity

1053 Lake Street, Oak Park, IL 60301

  • For Sale Subject to Offer
  • Property Type Retail - Street Retail
  • Property Size 5,586 SF
  • Units 3
  • Lot Size 0.04 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1913
  • Year Renovated 2016
  • Date Updated Dec 11, 2024
This exciting opportunity is located in the city of Oak Park, which is a quaint upscale community 9 miles west of the Chicago Business District. 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. This accessibility facilitates customer traffic and supports the convenience of commuting for employees, making the location an ideal choice for retail businesses seeking strategic connectivity. Oak Park is a shopping and dining destination for tourists and locals alike.SVN 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.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.
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Attachments

Highlights

  • ±5,586 SF Three-Story Retail and Office
  • Three Full Floor Tenants | 100% Occupied | Full Building Opportunity in 2026
  • Prime location in the heart of downtown Oak Park
  • High visibility | Blocks to the CTA
  • Opportunity to Vacate 3rd Floor with 30 Days Notice

Contacts

broker

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Oak Park, IL
  • Zip Code 60301
  • Market Chicago

Points of Interest

  • Maywood

    1.88 miles

  • Elmwood Park

    2.61 miles

  • Cicero

    3.07 miles

  • 54th/Cermak

    3.45 miles

  • Berwyn

    3.84 miles

  • Harlem Avenue

    3.93 miles

  • Kostner

    4.28 miles

  • Riverside

    4.35 miles

  • Belmont Avenue (Franklin Park)

    4.60 miles

  • Franklin Park

    4.70 miles

  • Exxon

    0.41 miles

  • BP

    0.41 miles

  • Mobil

    0.43 miles

  • Citgo

    0.48 miles

  • Thorntons

    0.89 miles

  • Soofa Solar Phone Charger

    1.30 miles

  • ChargePoint

    4.38 miles

  • eVgo

    5.90 miles

  • Tesla Destination Charger

    6.58 miles

  • Tesla Supercharger

    6.87 miles

  • Holly Court Parking Garage

    0.13 miles

  • Avenue Parking Garage

    0.43 miles

  • Concordia University Parking Garage

    0.85 miles

  • Jewel Osco Lot

    0.95 miles

  • Lot 46 G

    1.10 miles

  • Forest Park Park & Ride

    1.20 miles

  • Lot 57

    1.35 miles

  • Hecho en Oak Park

    0.01 miles

  • Cozy Corner

    0.01 miles

  • The Khyber Pass

    0.02 miles

  • Lake Street Kitchen and Bar

    0.02 miles

  • Lou Malnati's Pizzeria

    0.03 miles

  • Poke Burrito

    0.03 miles

  • Jerusalem Cafe

    0.03 miles

  • Potbelly

    0.05 miles

  • Boss Burrito

    0.05 miles

  • Munch

    0.06 miles

  • Target

    0.08 miles

  • Trader Joe's

    0.19 miles

  • Whole Foods Market

    0.22 miles

  • Jewel-Osco

    0.59 miles

  • Sugar Beet Co-op

    0.68 miles

  • Pete's Market

    1.01 miles

  • Carnival Grocery

    1.13 miles

  • Ed's Way

    1.44 miles

  • Fresh Thyme

    1.49 miles

  • Ross

    2.57 miles

Frequently Asked Questions

How much does 3-Story Oak Park Investment Opportunity cost?

The sale price for 3-Story Oak Park Investment Opportunity is available upon request. Contact the listing broker for more information.

What is the total square footage of 3-Story Oak Park Investment Opportunity?

3-Story Oak Park Investment Opportunity totals 5,586 square feet.

When was this property built?

3-Story Oak Park Investment Opportunity was built in 1913.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

SVN | Chicago Commercial