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3-Story Oak Park Investment Opportunity

Market Price

1053 Lake Street, Oak Park, IL 60301

Active
Last Updated: 03/30/2025

6,000 sqft

Building Size

0.04 acres

Lot Area

Details:
Building Size:    6,000 sqft
Lot Area:    0.04 acres
Occupancy:    100%
Units:    3
Year Built:    1913
Floors:    3
Highlights:
  • ±6,000 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
Description:

SVN Chicago Commercial is pleased to present 1053 Lake Street, a ±6,000 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.

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.

Map:
Documents:
Title
SVN - LEASE Brochure
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SVN_-_SALES_Brochure.pdf
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Location
Gallery