3-Story Oak Park Investment Opportunity

For Sale

1053 Lake Street, Oak Park, IL 60301

This Oak Park property for sale is located at 1053 Lake Street. Contact the listing broker for details on the current sale price for 3-Story Oak Park Investment Opportunity. 3-Story Oak Park Investment Opportunity is situated on a lot that is 0.04 acre in size.

Contacts

broker

Karen Kulczycki

SVN | Chicago Commercial

Property Details

  • 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 Nov 12, 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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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

Attachments

Getting around

  • 98/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 59/100

    Bike Score ®

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Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Karen Kulczycki

SVN | Chicago Commercial