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    97 Harlem Ave Oak Park, IL 60302

    For Sale
    $449,000

    Mixed Use - Oak Park, IL

    Type:Mixed Use
    Days on Market:
    69
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 97 Harlem Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    COMMR
    APN
    16073210180000

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1936
    Number of units
    2
    Architectural style
    Other

    Remax Plaza (815) 385-6770 [email protected]

    Listing agent Anna Villarejo Ruiz (815) 385-6770 License #475198702

    Listing date Oct 6, 2025

    MLS# 12489570 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment in Oak Park

    Located on Harlem Avenue in Oak Park, this mixed-use property presents an investment opportunity. The ground floor features a retail space currently operating as a nail salon, suitable for retail, office, or professional services. It offers street frontage and signage visibility in a high-traffic area. The residential unit upstairs includes 2 bedrooms and 1 bathroom. The property's mixed-use layout includes a retail store/salon on the first floor with 2 restrooms and a 2-bed, 1-bath apartment above. The location is near public transit, major highways, an Aldi market, shopping, and dining. The property includes private rear parking and access. The commercial storefront offers visibility on Harlem Ave. The property is located at 97 Harlem Avenue, Oak Park, IL 60302.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sweetie Nails & Spa Nail Salon Sweetie Nails and Spa Spa

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8045812
    Latitude
    41.8812673

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail space and residential unit in Oak Park.
    Where is this mixed-use property located?
    The property is located at 97 Harlem Ave Oak Park, IL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Prime Oak Park location ON HIGH-TRAFFIC Harlem Avenue, near public transit, highways, Aldi, shopping, and dining.; - Mixed-use property with high-exposure commercial storefront and a 2-bed, 1-bath residential unit.; - STRONG INCOME potential from both commercial (currently a nail salon) and residential components.
    (815) 385-6770
    Request Owner's contact information
    97 Harlem Ave Oak Park, IL 60302
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    Oak Park, IL 60302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    97 Harlem Ave Oak Park, IL 60302
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