3-Story Oak Park Investment Opportunity

For Lease

1053 Lake Street, Oak Park, IL 60301

You can currently find 1 retail space(s) available for lease at 3-Story Oak Park Investment Opportunity. Designated use type for space listed here includes general office. Current retail listings at this property total 1,862 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 3-Story Oak Park Investment Opportunity.

Space Available For Lease 1

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

  • ±1,862 SF Full Floor Office Suite in Three-Story Mixed-Use Building
  • Prime location in the heart of downtown Oak Park
  • High visibility | Blocks to the CTA | Abundant Natural Light
  • 4 Private Offices | Waiting/Reception | Kitchen | 2 Restrooms | Storage

Attachments

Getting around

  • 98/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

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

1053 Lake Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 3-Story Oak Park Investment Opportunity asks $20.00/SF/YR per square foot.

  • The property includes 1,862 square feet of retail space for lease. Of this total, 1,862 square feet are General Office.

    Lease agreement conditions for the availability at this property include NNN.

    In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    1053 Lake Street was last renovated in 2016.

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

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