Three-Storefront Commercial
For Sale
$499,000
13 Harrison Street, Oak Park, IL 60304
Commercial Sale, Oak Park, IL
Property Size3,000 SF
Lot Size0.14 Acres
Price / SF$166.33
Days on Market50
Property Features for 13 Harrison Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Directions
Harrison East of Harlem West of Austin
Subdivision
Oak Park
Standard status
Active
APN
16173070020000
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Utilities
Natural Gas Available
Cooling system
Central Air
Amenities
large fully fenced rear yard
Building Details
Year built
1901
Floors in Building
1
Number of units
3
Building materials
Brick, Stone
Listing Agency:
312 Estates LLC
(312) 599-1300
Listed By:
Steven Jurgens
(773) 580-2907
Added: Sep 9
Changed: Oct 10
Last Checked: Oct 28 at 10:06PM
MLS# 12754741
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.
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Investment Insights
Based on property information with market context.
This brick-and-stone commercial property contains three storefronts within an approximately 3,000-square-foot building constructed in 1901. The space is currently operated as a meditation center and includes central air, five on-site parking spaces, and a large fully fenced rear yard. Natural gas is available.
The property occupies a 50 x 125 lot totaling 6,250 square feet at 13 Harrison Street in Oak Park. It is located in the Harrison Business and Art District, an established commercial area. The existing multi-storefront arrangement can support continued use as a meditation center or reconfiguration for retail, professional office, gallery, studio, or wellness operations, subject to applicable requirements.
The property occupies a 50 x 125 lot totaling 6,250 square feet at 13 Harrison Street in Oak Park. It is located in the Harrison Business and Art District, an established commercial area. The existing multi-storefront arrangement can support continued use as a meditation center or reconfiguration for retail, professional office, gallery, studio, or wellness operations, subject to applicable requirements.
Key Highlights
- Three commercial storefronts in an approximately 3,000‑square‑foot building
- 50 x 125 lot totaling 6,250 square feet
- Five on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,640
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,800
$832.8K
Cap Rate 7%
$594,857
$594.9K
Cap Rate 9%
$462,667
$462.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$64.8K $21.60/SF
− Vacancy
−$5.3K −$1.77/SF
EGI
$59.5K $19.83/SF
− OpEx
−$17.8K −$5.95/SF
NOI
$41.6K $13.88/SF
Area
Cook County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,800
Cap Rate 7%
$594,857
Cap Rate 9%
$462,667
Alternative Uses
Best Use
Retail
$594.9K
$520.5K – $694.0K
NOI $41,640 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$906.3K – $1.21M
NOI $72,503 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,141
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Dining 2%
Electronics 1%
Dollar Tree
Shops & Services
23,640 visits/mo
0.5 miles
BP
Shops & Services
11,081 visits/mo
0.1 miles
Shell
Shops & Services
9,992 visits/mo
0.1 miles
Camp Bow Wow
Shops & Services
4,335 visits/mo
0.4 miles
PLS Financial Services
Shops & Services
2,886 visits/mo
0.4 miles
Demographics for 60304, IL
17,842
Population
6,842
Households
2.6
Avg Household Size
38
Median Age
73%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$132,841
Median Household Income
$76,027
Median Earnings
$1,279
Median Rent
$470,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- VicBell Flowers LLC — 1426 1/2 S Austin Blvd #2E, Cicero, IL 60804
- LA Flower Boutique — 6120 W Roosevelt Rd, Oak Park, IL 60304
- Florist — 521 S Cuyler Ave, Oak Park, IL 60304
- Prentiss Florist — 5941 W Madison St, Chicago, IL 60644
- The Flower Pot & Basket Shop — 5631 W Madison St, Chicago, IL 60644
Frequently Asked Questions
What type of property is this?
Storefront property - Brick-and-stone property with dedicated parking, central air, and a fully enclosed rear yard.
Where is this storefront property located?
The property is located at 13 Harrison Street Oak Park, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three commercial storefronts in an approximately 3,000‑square‑foot building; 50 x 125 lot totaling 6,250 square feet; Five on‑site parking spaces
