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Retail Space with Exposed Brick
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111 S RIDGELAND Avenue, Oak Park, IL 60302

Commercial Lease, Oak Park, IL

Space Size1,838 SF - 5,400 SF
Days on Market5

Property Features for 111 S RIDGELAND Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Corner of Ridgeland and South Blvd
Subdivision Oak Park
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 51535

Utilities

Cooling system Zoned

Amenities

exposed brick
iron beams
large windows

Building Details

Year built 1922
Floors in Building 1
Number of units 6
Building materials Brick, Steel Siding
Listing Agency: Gullo & Associates
Listed By: David Gullo · License #471004288
Added: Oct 1 Changed: Oct 2 Last Checked: Oct 5 at 1:06PM
MLS# 12770374

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1922 brick and steel-sided building offers two retail suites: 1,838 square feet at 111 S. Ridgeland and 3,556 square feet at 105 S. Ridgeland. The spaces may be combined into a 5,400-square-foot unit. Interior features include 16-foot ceilings, exposed brick, iron beams and large windows. Building improvements include a new roof, new windows and Phase 3 electrical work. The lease also offers an opportunity to work with Elements Architects on space planning and permitting, with an hourly architect credit noted for that process.

The property is at Ridgeland and South Boulevard in Oak Park, across from the Ridgeland CTA Green Line station. Nearby destinations include schools, churches, a public ice rink and pool, Pete’s Fresh Market and an indoor tennis club. The bakery 3Fold is next door.

Key Highlights

  • Two suites: 1,838sf at 111 S Ridgeland and 3556sf at 105 S Ridgeland
  • Suites may be combined into a 5400sf space
  • 16ft ceilings with exposed brick, iron beams and large windows

Property Analytics

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Current Use

One Stop Comics (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Wine and Liquor Store Carpet & Flooring Store 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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,802
Businesses Nearby

Demographics for 60302, IL

33,698
Population
15,702
Households
2.1
Avg Household Size
41
Median Age
71%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
11,233
Density / Sq Mi
$97,414
Median Household Income
$69,368
Median Earnings
$1,348
Median Rent
$450,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two neighboring suites can be leased independently or joined to create a larger premises.
Where is this retail space located?
The property is located at 111 S RIDGELAND Avenue Oak Park, IL.
What are key features of this property?
This property features: Two suites: 1,838sf at 111 S Ridgeland and 3556sf at 105 S Ridgeland; Suites may be combined into a 5400sf space; 16ft ceilings with exposed brick, iron beams and large windows
More about this property
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