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    408 N Austin Blvd Oak Park, IL 60302

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    For Lease
    $14 SF/Yr

    Office space for rent with high foot traffic and exposure.

    Lot size:
    0.04 Acres

    Property Features for 408 N Austin Blvd

    General Information

    Standard status
    Active
    Lot size
    0.04 Acres

    Building Details

    Year built
    1907
    Source: Corcoran

    Listing Agent: Greg Sorg

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space on Austin Boulevard

    Office space is available for rent. The property features frontage on Austin Boulevard, benefiting from significant foot traffic and exposure. Parking is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pioneer Property Advisors Property Management Company

    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
    -87.774699
    Latitude
    41.8742523

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    FAQs

    What type of property is this?
    Office space - Office space for rent with high foot traffic and exposure.
    Where is this office space located?
    The property is located at 408 N Austin Blvd Oak Park, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Great frontage onto Austin Blvd; - Amazing foot traffic; - High exposure
    (708) 408-4902
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    408 N Austin Blvd 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
    408 N Austin Blvd Oak Park, IL 60302
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