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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.

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
Building Height
3 Stories
Building FAR
0.80
Land Acres
0.16 AC
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.®

Nearby Major Retailers

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-07-126-003-0000
  • 16-07-126-002-0000
Land Assessment
$70,400
Improvements Assessment
$369,648
Total Assessment
$440,048
  • Listing ID: 33110426

  • Date on Market: 9/9/2024

  • Last Updated:

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

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