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Downtown Oak Park Retail Space
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1040 Lake St, Oak Park, IL 60301

Prime retail space in downtown Oak Park with high foot traffic.

Space Size4,033 SF - 6,000 SF
Days on Market120

Property Features for 1040 Lake St

General Information

Standard status Active
Size 4,033 SF - 6,000 SF
Property subtype RETAIL

Spaces For Lease

at 1040 Lake St Contact us

1040 Lake St

Floor
1
Size
6,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Exceptional Street presences with outstanding foot traffic - Exceptional household...
show more
Contact us

1040 Lake St

Floor
2
Size
4,033 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Exceptional Street presences with outstanding foot traffic - Exceptional household...
show more
Contact us
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Ryan Hicks
Source: Moodyscre
Added: May 4 Changed: Aug 8 Last Checked: Aug 31 at 1:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This retail space, located in downtown Oak Park, benefits from exceptional street presence and high foot traffic. The intersection at Harlem and Lake experiences over 49,500 vehicles per day. The property is positioned near transportation options, including the CTA Green Line station with 1.101 million annual riders and the Metra UP-West Line with approximately 350,000 annual riders, as well as various restaurants and shopping destinations. The location also offers close proximity to the primary public parking garage in downtown Oak Park. The property features black iron capability. The surrounding area boasts an exceptional household income exceeding $150,000 within a 1-mile radius. This is a rare opportunity to lease space in downtown Oak Park. The property offers 4,033 square feet of space.

Key Highlights

  • Exceptional household income in excess of $150,000 within a 1‑mile radius.
  • Rare opportunity in Downtown Oak Park.
  • Intersection at Harlem and Lake features over 49,500 VPD.

Property Analytics

Current Use

The Barre Code Gym & Fitness Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Butcher Restaurant Carpet & Flooring Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,150
Businesses Nearby
408k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Groceries 24% Shops & Services 22% Apparel 9%
Whole Foods Market Groceries
47,250 visits/mo 0.2 miles
Target Superstores
34,491 visits/mo 0.1 miles
McDonald's Dining
30,172 visits/mo 0.3 miles
Aldi Groceries
22,664 visits/mo 0.4 miles
Trader Joe's Groceries
22,065 visits/mo 0.2 miles

Demographics for 60301, IL

3,043
Population
2,129
Households
1.4
Avg Household Size
37
Median Age
79%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
15,215
Density / Sq Mi
$103,448
Median Household Income
$77,900
Median Earnings
$2,295
Median Rent
$230,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail space in downtown Oak Park with high foot traffic.
Where is this retail space located?
The property is located at 1040 Lake St Oak Park, IL.
What are key features of this property?
This property features: Exceptional household income in excess of $150,000 within a 1‑mile radius.; Rare opportunity in Downtown Oak Park.; Intersection at Harlem and Lake features over 49,500 VPD.
(630) 954-7447 Call to check price and availability
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