Oak Park IL Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 7,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1922
- Baths:
- MLS#:
- 12217239
View additional info
Courtesy: B2B Investment Properties LLC
331-642-1958
ADDITIONAL INFORMATION
A six-unit, vintage building located in Oak Park, Illinois. Noted for its quality housing stock and schools, Oak Park is a model community which provides a wide range of community services to residents within close proximity to the city of Chicago. Oak Park is approximately 10 miles from Chicago's downtown Loop and is one of the most sought-after suburbs for homeowners and renters. Oak Park's unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. 1232-34 North Austin Boulevard features six spacious two-bedroom / one-bathroom layouts (approximately 1,200 square feet) with separate dining rooms, enclosed rear porches and in-unit laundry. Each unit has been gutted and features newer electric, plumbing, porcelain tile flooring, stainless steel appliances, newer maple cabinets, countertops and lighting. The kitchens were reconfigured to include stackable washers and dryers in each unit and the bathrooms all feature newer vanities, medicine cabinets, light fixtures, plumbing fixtures and linen closets for additional storage. On-site the property contains eight parking spaces (two tandem) which rent for additional income, as well as on-site storage in the basement for each unit. A new owner could potentially duplex a first floor unit down to the basement level. Improvements to the building include roofs and parapet wall repairs, tuckpointing, new paving and striping of the parking lot, newer electrical service, panels and circuit breaking, newer plumbing, installation of security cameras and repairs to the boiler including installation of Honeywell Vision Pro remote sensor temperature controls. This investment is an opportunity for a new investor to acquire a renovated multifamily property in a strong and desirable Oak Park rental market. Through continued strong management a new investor has the potential to achieve consistent cash flow and returns.
- Type:
- Mixed Use
- Sq.Ft.:
- 8,277
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1909
- Baths:
- MLS#:
- 12210193
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Courtesy: Charles Rutenberg Realty
630-929-1100
ADDITIONAL INFORMATION
Once in a lifetime opportunity to own this income generating mix-used building in Oak Park. Very attractive Building Located on the N. W. Corner of Roosevelt Rd. & South East Ave. with paved 4 parking spaces in the back & 2 cars brick garage. All 6 units (3 Retail Stores & 3 Apartments on 2nd floor) has been renovated since 2016, every unit's heat, a/c and utilities has been separated. 5 of the units are occupied except 1 commercial unit is vacant that is for lease. It is very convenient to get on I-290, Harlem and North Riverside Mall. Plenty of parks, businesses & retail near by. Must See!
- Type:
- Mixed Use
- Sq.Ft.:
- 5,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 12154952
View additional info
Courtesy: Gullo & Associates
708-386-9090
ADDITIONAL INFORMATION
BIG OPEN SPACE at 7043-7045 W North Ave. 50 foot frontage, 5000sf, 2 parcels, very high visibility area of North Ave just east of Harlem. Great opportunity for a medical, dental, retail, physical therapy, mental health, restaurant, gym, dispensary, martial arts, indoor recreation/sports/coaching facility...across from the new commercial and residential development at North & Harlem! Approx 5000sf building with 50ft frontage. Very well maintained - new AC 2021, new roof 2017, rear parking spaces. Kitchenette, break room plus basement storage. Please do not disturb business. 2PINs 16061010090000 & 16061010100000.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 11948763
View additional info
Courtesy: @properties Christie's International Real Estate
773-862-0200
ADDITIONAL INFORMATION
Welcome to this charming 5-unit building in the heart of Oak Park, Illinois, where classic elegance meets modern convenience. This well-maintained property features four spacious units, each offering 2 bedrooms and 1 bath, perfect for comfortable living. These units provide a warm and inviting atmosphere with ample natural light and thoughtful design. The standout feature of the building is the expansive basement unit, which stretches across the width of the building and boasts 2 bedrooms and 2 bathrooms. This unique unit offers additional privacy and space, making it ideal for those seeking a little extra room to stretch out. Residents and tenants will appreciate the convenience of the four-car brick garage, providing ample parking and extra storage space. The building's brick exterior and well-kept grounds enhance its curb appeal, while the location in Oak Park places you in a vibrant community known for its historic charm and convenient amenities. Whether you're looking for a solid investment opportunity or a new place to call home, this property offers both practicality and comfort in a desirable location.The roof was redone August of 2022, and tuck-pointing was finished Dec 2022-Jan2023. Stainless steel appliances throughout the building and newer kitchens.
- Type:
- Other
- Sq.Ft.:
- 5,075
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1919
- Baths:
- MLS#:
- 12128933
View additional info
Courtesy: Finders Plus Real Estate
312-554-8840
ADDITIONAL INFORMATION
FP Commercial is pleased to represent 246-248 Chicago, Oak Park, Illinois. Oak Park Commercial Investment Opportunity. A vibrant commercial retail corridor in this desired west suburban community is an existing retail property containing 5,075 square feet of gross leasable area. The improvements were constructed in 1919 and perfect for owner/users and investors. The site area is 0.14 acres or 6,000 square feet. The space has several wonderful skylights, unique kitchen infrastructure and a wonderful cozy outdoor space. Currently combined, this can easily transform into two 2500 SF Storefront Retail/Office or multi-tenant building for acquisition. Located on the north side of Chicago Avenue, the property features several easily available public outdoor parking spaces. Corridor Co-Tenants include 7-Eleven community convenience store, Pediatric Medical Offices and Chop Shop Restaurant which add to the building's high visibility, high vehicle traffic and tremendous foot traffic. 246 Chicago, Oak Park is an Attractive investment with value-add potential.
$1,450,000
414-416 S Elmwood Avenue Oak Park, IL 60302
- Type:
- General Commercial
- Sq.Ft.:
- 12,600
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 12123774
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Courtesy: 33 Realty
773-327-4975
ADDITIONAL INFORMATION
Introducing a prime deconversion opportunity at 414-416 S Elmwood Ave, Oak Park, IL. This well-positioned 11-unit multifamily building presents a unique investment prospect with significant potential. The property features a diverse mix of 5 one-bedroom, one-bath units (approximately 900 sq. ft.) and 6 two-bedroom, one-bath units (approximately 1,100 sq. ft.), offering a range of living options in a highly desirable area. Key features of the property include 13 off-street parking spaces, ensuring ample convenience for tenants. Recent upgrades enhance the building's appeal and operational efficiency: the roof was entirely replaced 9 years ago, the boiler was updated 2 years ago, and the interior hallways and exterior windows have just been repainted. Situated just steps from the Ridgeland/Madison bus stop and only 0.5 miles from the Ridgeland Green Line stop, the location offers excellent public transportation access. The vibrant Madison Street corridor, known for its array of grocery stores, entertainment options, and retail shops, is nearby, providing tenants with ample amenities. Additionally, Julian Middle School is conveniently located next door, making this an attractive choice for families with school-aged children. This property's combination of location, recent upgrades, and versatile unit mix makes it an exceptional candidate for a multifamily deconversion. Seize the opportunity to capitalize on this high-potential asset in Oak Park's dynamic real estate market!
- Type:
- General Commercial
- Sq.Ft.:
- 3,464
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 12097850
View additional info
Courtesy: Baird & Warner
630-778-1855
ADDITIONAL INFORMATION
Introducing a prime investment opportunity in the Ridgeland-Oak Park Historic district at 316 N. Austin Boulevard, Oak Park, IL 60302. This residential land offers an ideal redevelopment prospect with an oversized lot featuring 12 parking spaces and convenient access to transit options. Priced attractively at $702,000 ($75/SF), this property presents a chance to create something special in a sought-after urban location. With a solid foundation laid in 1910 and further enhancements in 1940, the site boasts a very walkable Walk Score of 79 and good Transit Score of 66. Positioned within a thriving neighborhood, this parcel is zoned for multi-family use and offers vast potential for a new development project. Don't miss out on this fantastic chance to shape the future of 316 N. Austin Boulevard - seize this opportunity for growth and innovation in the heart of Oak Park.
- Type:
- Other
- Sq.Ft.:
- 3,798
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1923
- Baths:
- MLS#:
- 12092863
View additional info
Courtesy: Pyne Properties, LLC
877-944-3744
ADDITIONAL INFORMATION
Location, location, location! Exceptional, once-in-a-generation (or two) opportunity to acquire and improve a commercial property at the corner of Harlem and Madison avenues in Oak Park. Harlem Ave is one of the most heavily travelled roads in the area, providing access from I-290 (Eisenhower Expressway) to downtown Oak Park, River Forest and Forest Park, the latter of whose border and much improved downtown corridor begins just across the street. A Currency Exchange occupies the ground level on a month to month lease. The second level, currently unoccupied and in need of a gut rehab, possesses enormous income potential for commercial or possibly residential use.
- Type:
- Condo
- Sq.Ft.:
- 900
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 12037496
View additional info
Courtesy: @properties Christie's International Real Estate
847-797-0200
ADDITIONAL INFORMATION
Fabulous downtown location! This second story commercial condo is totally updated and move in ready. Options are endless for a variety of businesses. Perfect floor plan includes two private offices among a central office space. Unit includes: wired for internet, phone and a security system. Same floor shared bathrooms. Municipal parking garage directly across the street. Enjoy the conveniences of public transportation, to included expressways, Metra and L just steps away as well as all the amenities Oak Park has to offer.
$525,000
26 Madison Street Oak Park, IL 60302
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 11847827
View additional info
Courtesy: Millennium Properties RE, Inc.
312-338-3000
ADDITIONAL INFORMATION
Large beautiful ground floor space, 2464 SF of completely renovated space with new flooring, lighting, ceiling, new ADA accessible washroom, new electrical service and new storefront glass. Great signage space on the front of the unit. Highly visible location with 19100 cars passing daily. Minutes from I-290 expressway, walking distance to the CTA Blue Line and Green Line, steps from major bus lines. Ample on street parking. Rear access via double doors for easy deliveries. Join new and longstanding area businesses like US Bank, Laury's Bakery, Dream Town Shoes, The Oak Park River Forest IWS Children's Clinic - a new 14,000 SF medical center for local families. Newly constructed apartments across the street join longstanding homes in this solid neighborhood. Located steps from our municipal services including Oak Park Village Hall, Oak Park Park District headquarters, District 97 headquarters and Oak Park Police Department headquarters. Ideal for a wide variety of office, service or retail use: physical therapy, physical fitness, service and repair businesses, instruction or classroom space, and more. Seller willing to consider owner financing offers.
- Type:
- Condo
- Sq.Ft.:
- 941
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1915
- Baths:
- MLS#:
- 11718307
View additional info
Courtesy: Berkshire Hathaway HomeServices Chicago
708-848-5550
ADDITIONAL INFORMATION
Introducing a versatile and spacious office space at 105 N. Oak Park Ave, perfect for businesses seeking flexibility and functionality. With approximately 941 square feet of prime real estate, this property offers an ideal canvas for your professional endeavors. Key Features: 941 square feet of adaptable workspace. Open floor plan for easy customization. Flexibility for various office configurations. Abundant natural light to enhance the workspace. Convenient location at 105 N. Oak Park Ave. Easily accessible for employees and clients. Proximity to amenities, dining, and public transport. This office space is a blank canvas awaiting your creative vision. Whether you envision a collaborative hub, a tech-savvy startup environment, or a traditional office layout, the possibilities are endless. Embrace the potential of 105 N. Oak Park Ave and elevate your business to new heights in this dynamic, adaptable workspace. 2023 property tax bill was reduced by nearly 2500! Contact us today to schedule a viewing and explore the potential of this prime office space!
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Oak Park Real Estate
The median home value in Oak Park, IL is $405,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Oak Park, IL is $405,000. Approximately 56.42% of Oak Park homes are owned, compared to 37.76% rented, while 5.81% are vacant. Oak Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oak Park real estate agent to arrange a tour today!
Oak Park, Illinois has a population of 54,100. Oak Park is more family-centric than the surrounding county with 38.75% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Oak Park, Illinois is $98,081. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Oak Park is 39.9 years.
Oak Park Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 38.4 inches per year, with 36.3 inches of snow per year.