3-Story Oak Park Investment Opportunity

1053 Lake Street, Oak Park, IL 60301

  • For Lease $20.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 5,586 SF
  • Units 3
  • Lot Size 0.04 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1913
  • Year Renovated 2016
  • Date Updated Nov 29, 2024
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 ±5,586 SF Three-Story Retail and Office Building in Oak Park, Illinois. Located in the heart of downtown Oak Park, this property is 100% 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 ±1,862 SF office suite at 1053 Lake Street, a 3-story Mixed-Use building located in the heart of downtown Oak Park. The third-floor office suite has high-end finishes with abundant natural light and 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.
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Attachments

Highlights

  • ±1,862 SF Full Floor Office Suite in Three-Story Mixed-Use Building
  • Prime location in the heart of downtown Oak Park
  • High visibility | Blocks to the CTA | Abundant Natural Light
  • 4 Private Offices | Waiting/Reception | Kitchen | 2 Restrooms | Storage

Spaces Available

Contacts

broker

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Oak Park, IL
  • Zip Code 60301
  • Market Chicago

Points of Interest

  • Maywood

    1.88 miles

  • Elmwood Park

    2.61 miles

  • Cicero

    3.07 miles

  • 54th/Cermak

    3.45 miles

  • Berwyn

    3.84 miles

  • Harlem Avenue

    3.93 miles

  • Kostner

    4.28 miles

  • Riverside

    4.35 miles

  • Belmont Avenue (Franklin Park)

    4.60 miles

  • Franklin Park

    4.70 miles

  • Exxon

    0.41 miles

  • BP

    0.41 miles

  • Mobil

    0.43 miles

  • Citgo

    0.48 miles

  • Thorntons

    0.89 miles

  • Soofa Solar Phone Charger

    1.30 miles

  • ChargePoint

    4.38 miles

  • eVgo

    5.90 miles

  • Tesla Destination Charger

    6.58 miles

  • Tesla Supercharger

    6.87 miles

  • Holly Court Parking Garage

    0.13 miles

  • Avenue Parking Garage

    0.43 miles

  • Concordia University Parking Garage

    0.85 miles

  • Jewel Osco Lot

    0.95 miles

  • Lot 46 G

    1.10 miles

  • Forest Park Park & Ride

    1.20 miles

  • Lot 57

    1.35 miles

  • Hecho en Oak Park

    0.01 miles

  • Cozy Corner

    0.01 miles

  • The Khyber Pass

    0.02 miles

  • Lake Street Kitchen and Bar

    0.02 miles

  • Lou Malnati's Pizzeria

    0.03 miles

  • Poke Burrito

    0.03 miles

  • Jerusalem Cafe

    0.03 miles

  • Potbelly

    0.05 miles

  • Boss Burrito

    0.05 miles

  • Munch

    0.06 miles

  • Target

    0.08 miles

  • Trader Joe's

    0.19 miles

  • Whole Foods Market

    0.22 miles

  • Jewel-Osco

    0.59 miles

  • Sugar Beet Co-op

    0.68 miles

  • Pete's Market

    1.01 miles

  • Carnival Grocery

    1.13 miles

  • Ed's Way

    1.44 miles

  • Fresh Thyme

    1.49 miles

  • Ross

    2.57 miles

Frequently Asked Questions

How much does retail space at 1053 Lake Street cost?

The asking price for retail space at 1053 Lake Street is $20.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 1053 Lake Street?

The property has 1,862 square feet of rentable General Office space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 1053 Lake Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1053 Lake Street. You can find 2 parking option(s) and 4 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 1053 Lake Street.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

SVN | Chicago Commercial

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