3-Story Oak Park Investment Opportunity

1053 Lake Street, Oak Park, IL 60301

Property Information

  • For Lease $20.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 6,000 SF
  • Units 3
  • Lot Size 0.04 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1913
  • Year Renovated 2016
  • Date Updated May 14, 2026

Description

This exciting opportunity is located in the city of Oak Park, which is a quaint upscale community 9 miles west of the Chicago Business District. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area. This accessibility facilitates customer traffic and supports the convenience of commuting for employees, making the location an ideal choice for retail businesses seeking strategic connectivity. Oak Park is a shopping and dining destination for tourists and locals alike.SVN Chicago Commercial is pleased to present 1053 Lake Street, a ±6,000 SF Three-Story Retail and Office Building in Oak Park, Illinois. Located in the heart of downtown Oak Park, this property is 67% occupied with three full-floor tenants, elevator, plenty of windows. Retail Restaurant on Ground Floor with outdoor patio, 2 restrooms, prep area and kitchen. Second Floor Music Institute has 6 offices, lobby areas, 2 restrooms with building signage. Third Floor Wellness Group has lobby and reception, 4 offices, kitchenette area, 2 restrooms. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area.SVN Chicago Commercial is pleased to present a ±2,000 - 4,000 SF office suite opportunties at 1053 Lake Street, a 3-story, mixed-use building located in the heart of downtown Oak Park. Occupy one or two floors of office/retail space with high-end finishes and abundant natural light. The second-floor suite has 6 private offices, 2 internal restrooms, and storage. The third-floor office suite includes a reception/waiting area, 4 private offices, a kitchen, 2 internal restrooms, and storage. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area.

Highlights

  • ±2,000 - 4,000 SF Full Floor Office Suites in Three-Story Mixed-Use Building
  • High visibility | Blocks to the CTA | Abundant Natural Light
  • High-end Finishes | Former Music School & Therapy Office
  • Prime location in the heart of downtown Oak Park

2 Spaces Available

Suite 2

Space Type

Retail

Lease Rate

$20.00/SF/YR

Total Space

2,000 SF

Floor

2nd

Divisible Space

2,000 - 4,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

+/-2,000 SF Office Suite | Elevator Access Reception/Waiting Area | 6 Private Offices 2 Interior Restrooms | Storage Closet Abundant Light | Windows Facing Lake Street Expandable to 4,000 SF on Adjacent Floor

Suite 3

Space Type

General Office

Lease Rate

$20.00/SF/YR

Total Space

2,000 SF

Floor

3rd

Divisible Space

2,000 - 4,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

±2,000 SF Office Suite | Elevator Access Reception/Waiting Area | 4 Private Offices Kitchen | 2 Interior Restrooms | Storage Closet Abundant Light | Windows Facing Lake Street Expandable to 4,000 SF on Adjacent Floor

Contacts

Karen Kulczycki

SVN | Chicago Commercial

Location

Contact Listing Broker
Karen Kulczycki

SVN | Chicago Commercial

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