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1040-1044 Lake St

10,031 SF Retail Building Oak Park, IL 60301 $2,878,535 CAD ($287 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Prime Retail Space
  • Steady Customer Base
  • Two Floors
  • Heavy Pedestrian Traffic
  • Downtown Oak Park
  • Zoned B-2

EXECUTIVE SUMMARY

This prime retail property has outstanding street visibility and attracts significant pedestrian traffic, making it an ideal location for various businesses. Situated in downtown Oak Park, it benefits from a large surrounding population and is close to transportation, dining, and retail shops, ensuring a steady flow of potential customers. This two floor space offers a great opportunity for retail shops, cafes, entertainment venues, salons, law firms, insurance agencies, medical/health centers, or financial institutions. Don't miss your chance to establish your business in this vibrant area!

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,031 SF
Building Class
C
Year Built
1932
Price
$2,878,535 CAD
Price Per SF
$287 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.54
Lot Size
0.15 AC
Zoning
B-2 - Retail
Parking
2 Spaces (0.16 Spaces per 1,000 SF Leased)
Frontage
44 ft on Lake St

AMENITIES

  • Signage
Walk Score®
Walker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Byline Bank
Yoga Six
Chase Bank
Cooper's Hawk Winery & Restaurant
Club Pilates
Nando's
SPENGA
Trader Joe's
Boston Market
Whole Foods

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-07-120-059-0000
Land Assessment
$72,097 CAD (2024)
Improvements Assessment
$411,219 CAD (2024)
Total Assessment
$483,316 CAD (2024)
  • Listing ID: 33753994

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 1040-1044 Lake St, Oak Park, IL 60301

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