For Sale
$2,250,000

1040 Lake St Oak Park, IL 60301

Prime Oak Park retail space, high traffic.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional commercial property at 1040 Lake Street in Oak Park, Illinois, presents a compelling investment opportunity. Boasting 10,033 square feet across two floors in a 1932-built building, this multi-tenant property is ideally situated in downtown Oak Park's vibrant commercial district. The property benefits from significant pedestrian traffic and outstanding street visibility, ensuring a steady flow of potential customers. Its versatile zoning (B2) allows for a wide range of uses, including QSR/Fast Food, storefront retail, and traditional office spaces. The 0.15-acre lot provides ample space, and the property's location offers easy access to public transportation, diverse dining options, and other retail establishments. This prime retail space is perfect for businesses seeking high visibility and a strong customer base in a thriving community. The property's APN is 16-07-120-059-0000. The asking price is $2,250,000. Don't miss this chance to secure a foothold in this dynamic Oak Park location.

Highlights

  • Prime retail space in downtown Oak Park.
  • High pedestrian traffic ensures strong customer base.
  • Two-story building totaling 10,033 square feet.
  • B-2 zoning allows for diverse commercial uses.
  • Located in Oak Park's vibrant commercial district.

Property Details for 1040 Lake St

Property type
Retail properties, Office properties
Square Feet
10,033 SF
Year Built
1932
Buildings
1
Stories
2
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Oak Park
County
Cook
State
Illinois
Latitude
41.8887452
Longitude
-87.8021678
1040 Lake St, Oak Park, Illinois

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FAQs

What type of property is this?
Retail property - Prime Oak Park retail space, high traffic.
Where is the retail property located?
The property is located at 1040 Lake St Oak Park, IL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime retail space in downtown Oak Park.; High pedestrian traffic ensures strong customer base.; Two-story building totaling 10,033 square feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Jason Pesola
Jason Pesola
Visit Broker Website

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Lake St
Oak Park, IL 60301

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Lake St
Oak Park, IL 60301

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1040 Lake St
  • Jason Pesola
    Jason Pesola
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