Oak Park IL Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
5,000
Status:
Active
Beds:
n/a
Year built:
1957
Baths:
MLS#:
12154952

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

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.

Type:
General Commercial
Sq.Ft.:
12,600
Status:
Active
Beds:
n/a
Year built:
1965
Baths:
MLS#:
12123774

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:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1949
Baths:
MLS#:
12114892

ADDITIONAL INFORMATION

Recently Renovated At the corner of North Ave and beautiful Columbian Ave. This 2 story grand and impressive building offers an office/retail storefront w/ large 6 rm/3bdrm apartment above. Full unfinished basement for possible duplex or storage. Enjoy all that Oak Park has to offer! This building will not disappoint! keep as office/retail w/ apartment or convert to residential. Ideal for live/work owner/investor.

Type:
General Commercial
Sq.Ft.:
3,464
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1910
Baths:
MLS#:
12097850

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

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:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
12051999

ADDITIONAL INFORMATION

This stunning mixed-use property offers a prime opportunity for investors or entrepreneurs seeking a lucrative venture in the heart of Oak Park. Situated on one of the most renowned streets in the area, this property boasts unparalleled visibility and constant foot traffic, making it an ideal location for businesses seeking maximum exposure. The ground floor features a spacious commercial unit, perfectly suited for retail, office space, or a thriving local enterprise. With expansive windows that flood the space with natural light and draw in passersby, this unit offers endless possibilities for a vibrant business operation. Upstairs, you'll find a versatile space that can easily be transformed back into a charming apartment. Whether you're looking to capitalize on the demand for residential rentals or create your own urban oasis, this upper unit provides a blank canvas for your creative vision. With its strategic location and bustling surroundings, this property presents a rare opportunity to establish a presence in one of Oak Park's most coveted neighborhoods. Don't miss your chance to make your mark on this dynamic community and unlock the full potential of 108 Madison Street!

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
11847827

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Oak Park Real Estate

The median home value in Oak Park, IL is $379,700. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Oak Park, IL is $379,700. Approximately 54.18% of Oak Park homes are owned, compared to 38.86% rented, while 6.96% 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 52,229. Oak Park 60302 is more family-centric than the surrounding county with 37.59% of the households containing married families with children. The county average for households married with children is 30.49%.

The median household income in Oak Park, Illinois 60302 is $87,271. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Oak Park 60302 is 39 years.

Oak Park Weather

The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 38 inches per year, with 37.1 inches of snow per year.

Oak Park Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    141
    30-day change

Oak Park Schools and Demographics

Education near Oak Park, IL

Metric City County
High School Graduates 96.22 86.19
College Degree - 2 year 4.85 6.53
College Degree - 4 year 68.75 37.19
Graduate Degree 24.61 10.61
Expenditures per Student 14,158 15,837
Students per Teacher 13.8 19.3

Elementary Schools near Oak Park, IL

School Grades Students P/T Ratio ZIP
Abraham Lincoln Elementary School KG - 05 659 17.3 60304
Depriest Elementary School PK - 08 730 16.8 60644
Ellington Elementary School PK - 08 690 16.4 60644
Elmwood Elementary School 01 - 06 592 13.4 60707
Horace Mann Elementary School KG - 05 477 14.9 60302
John Mills Elementary School 01 - 06 650 14.7 60707
Leland Elementary School PK - 08 618 17.2 60644
Longfellow Elementary School PK - 05 695 18.3 60304
Oliver W Holmes Elementary School PK - 05 514 15.1 60302
Spencer Technology Acad Elementary School PK - 08 798 17.9 60644
Whittier Elementary School PK - 05 432 11.4 60302
William BEYE Elementary School KG - 05 406 12.7 60302
William Hatch Elementary School PK - 05 327 13.3 60302

Middle Schools near Oak Park, IL

School Grades Students P/T Ratio ZIP
Elm Middle School 07 - 08 402 13.1 60707
Gwendolyn Brooks Middle School 06 - 08 944 15.1 60302
KIPP Create Charter School 05 - 07 234 16.7 60644
Percy Julian Middle School 06 - 08 959 15.2 60302
Roosevelt School 05 - 08 655 12 60305

High Schools near Oak Park, IL

School Grades Students P/T Ratio ZIP
Austin Bus & Entrepreneurship High School 09 - 12 149 14.7 60644
Austin Polytechnical Academy High School 09 - 12 158 10.7 60644
Clark Acad Prep Magnet High School 07 - 12 502 18.7 60644
Douglass Academy High School 09 - 12 237 13.4 60644
Elmwood Park High School 09 - 12 969 16.1 60707
Oak Park & River Forest High School 09 - 12 3,232 15 60302
Voise Academy High School 09 - 12 251 14.7 60644

Ungraded Schools near Oak Park, IL

School Grades Students P/T Ratio ZIP
* ALOP Academic Learning Program 09 - 12 0 60302

Demographics near Oak Park, IL 60302

Metric Zip Code City
Neighborhood Type Inner City
Population 52,229 5,238,541
Population Density 11,113 5,544
Median Age 39 36.4
People per Household 2.4 2.6
Median Household Income 87,271 59,426
Average Income per Capita 51,890 33,722