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    1034 Lake St Oak Park, IL 60301

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    For Lease
    Contact for pricing

    High-visibility retail space near transportation and parking.

    Property size:
    2,618 SF
    Lot size:
    0.20 Acres

    Property Features for 1034 Lake St

    General Information

    Size
    2,618 SF
    Lot size
    0.20 Acres

    Source: Baum Realty Agent Doug Renner

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

    Overview

    New Retail Space in Oak Park

    This is a newly constructed retail space situated in a prominent downtown Oak Park location, benefiting from high visibility and foot traffic. The property is located one block from both the Green Line CTA and Metra stations. It is positioned between two public parking garages offering over 400 spaces, with additional surface lots nearby. The location provides abundant parking for customers and employees. The surrounding area includes over 100 retailers and 20 restaurants, with nearby destinations such as Lou Malnati's Pizzeria, Hecho en Oak Park, and Jerusalem Cafe. Amenities in close proximity include the Classic Cinemas Lake Theatre, FFC Oak Park luxury fitness club, and multiple financial institutions. The property offers 2618 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paper Lantern Language ... Chinese Language School Wood Marilyn J Attorney Delia's Kitchen Breakfast Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8018868
    Latitude
    41.8888609

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    FAQs

    What type of property is this?
    Retail space - High-visibility retail space near transportation and parking.
    Where is this retail space located?
    The property is located at 1034 Lake St Oak Park, IL.
    What are key features of this property?
    This property features: - Brand-new construction retail space in a high-profile downtown Oak Park location with exceptional visibility and foot traffic.; - Located one block from both Green Line CTA and Metra stations.; - Positioned between two public parking garages (400+ spaces) with additional surface lots nearby.
    (312) 666-3000
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    1034 Lake St Oak Park, IL 60301
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    Oak Park, IL 60301
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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
    1034 Lake St Oak Park, IL 60301
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