1040-1044 Lake St | Oak Park, IL 60301
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1040-1044 Lake St
Oak Park, IL 60301
Retail Property For Sale
Investment Highlights
- Prime Retail Space
- Steady Customer Base
- Two Floors
- Heavy Pedestrian Traffic
- Downtown Oak Park
- Zoned B-2
Executive Summary
This prime retail property has outstanding street visibility and attracts signi?cant pedestrian traffic, making it an ideal location for various businesses. Situated in downtown Oak Park, it bene?ts from a large surrounding population and is close to transportation, dining, and retail shops, ensuring a steady ?ow of potential customers. This two-?oor space offers a great opportunity for retail shops, cafes, entertainment venues, salons, law ?rms, insurance agencies, medical/health service centers, or ?nancial institutions. Don't miss your chance to establish your business in this vibrant area!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,031 SF
Building Class
C
Year Built
1932
Price
$2,250,000
Price Per SF
$224
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.54
Land Acres
0.15 AC
Zoning
B-2 - Retail
Parking
2 Spaces (0.16 Spaces per 1,000 SF Leased)
Frontage
44 FT on Lake St
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 16-07-120-059-0000 | Improvements Assessment | $282,858 |
| Land Assessment | $49,592 | Total Assessment | $332,450 |
PROPERTY TAXES
Parcel Number
16-07-120-059-0000
Land Assessment
$49,592
Improvements Assessment
$282,858
Total Assessment
$332,450
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