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Restaurant Condo with Kitchen
For Sale
Contact for pricing
Pending

107 N Oak Park Ave, Oak Park, IL 60301

Bank-owned 1st-floor restaurant condo with dining area, prep rooms, and ventilation system plus a small 2nd-floor office.

Property SizeContact for details
Days on Market148

Property Features for 107 N Oak Park Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: @properties Commercial Chicago
Listed By: Dan Stratis · License #IL 471015636
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Aug 26 at 2:34AM

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 @properties Commercial Chicago

Investment Insights

Based on property information with market context.

Bank-owned 1st-floor commercial condo formerly used as a restaurant space. The unit includes a large dining area with a prep area located within the dining area, along with various additional prep rooms. Improvements also include two freezers and a large cooking ventilation area. A small 2nd-floor office is included.

The property is located in the heart of the Oak Park Avenue retail corridor in historic Oak Park, positioned for foot traffic serving nearby retail uses.

This configuration supports food service operations with dedicated back-of-house prep areas and on-site refrigeration, while the included office provides space for administrative needs.

Key Highlights

  • Bank‑owned 1st‑floor commercial condo in the Oak Park Avenue retail corridor
  • Historically a restaurant space with a large dining area
  • Includes prep area within the dining area and multiple prep rooms

Property Analytics

Current Use

Barre Consulting Marketing & Advertising

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,057
Businesses Nearby
159k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 22% Dining 21% Shops & Services 19% Groceries 18%
Target Superstores
34,491 visits/mo 0.4 miles
Trader Joe's Groceries
22,065 visits/mo 0.5 miles
Old Navy Apparel
16,943 visits/mo 0.5 miles
Chase Bank Shops & Services
15,733 visits/mo 0.4 miles
sweetgreen Dining
12,987 visits/mo 0.4 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Bank-owned 1st-floor restaurant condo with dining area, prep rooms, and ventilation system plus a small 2nd-floor office.
Where is this conventional restaurant located?
The property is located at 107 N Oak Park Ave Oak Park, IL.
What are key features of this property?
This property features: Bank‑owned 1st‑floor commercial condo in the Oak Park Avenue retail corridor; Historically a restaurant space with a large dining area; Includes prep area within the dining area and multiple prep rooms
(312) 506-0200 Call to check price and availability
More about this property
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