Oak Park IL Commercial for Sale
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1949
- Baths:
- MLS#:
- 12274156
View additional info
Courtesy: Midwest Real Estate Brokerage LLC
773-424-8207
ADDITIONAL INFORMATION
Charming Mixed-use in Oak Park! Discover this stunning two-story building, perfectly blending commercial and residential spaces. This attractive limestone brick exterior sets the tone for a warm and inviting atmosphere. The first floor boasts a spacious office area/storefront, offering endless possibilities for entrepreneurs and business owners. Upstairs, a beautiful three-bedroom apartment awaits, complete with ample natural light and comfortable living spaces. Both spaces are currently leased. Located near the vibrant downtown Oak Park area, with diverse array of restaurants, shops, and services. Don't miss out on this beautiful mixed-use!
- Type:
- General Commercial
- Sq.Ft.:
- 4,580
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- 12269765
View additional info
Courtesy: B2B Investment Properties LLC
331-642-1958
ADDITIONAL INFORMATION
A six-unit, modern 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. The subject property consists of two one-bedroom / one-bathroom garden units (approximately 650 square feet) and four two-bedroom / one-bathroom units (approximately 820 square feet). Over the last several years, all six units have been gut-renovated with newer bathroom vanities, subway tile surrounds, newer kitchen cabinetry, laminate countertops, subway tile backsplashes, and stainless steel GE appliance packages. Each unit has an eat-in kitchen and the units on the west side of the building feature a breakfast bar. The hardwood flooring has all been refinished and each unit contains a stackable GE washer and dryer. Throughout the building, the electrical has been upgraded and the units receive 400 amp service, in addition to all copper plumbing. Other improvements to the property include a renovated roof, all new windows, sidewalks and parking lot, which contains five income-generating spaces. 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 owner has the potential to achieve consistent cash flow and returns.
- Type:
- Other
- Sq.Ft.:
- 1,950
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1968
- Baths:
- MLS#:
- 12263925
View additional info
Courtesy: Century 21 Circle
708-531-0800
ADDITIONAL INFORMATION
Desirable business location with approximately 2000 SF of retail space right on North Avenue just 1 block east of Harlem Avenue. The property is currently a fitness club and is leased through March 31, 2025. There is 1 bathroom and another room that could be a 2nd bathroom. Private parking in the rear of the building off the alley for 6 cars. Perfect to keep as investment of future use as a realty office, doctors, attorney office or other retail service business. High ceilings.
- 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.:
- 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:
- 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
View additional info
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:
- 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.
$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.
© 2025 Midwest Real Estate Data LLC. All rights reserved. Listings courtesy of MRED MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of {{last updated}}.. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected]. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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 60302 has a population of 54,100. Oak Park 60302 is more family-centric than the surrounding county with 31.58% 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 60302 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 60302 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.