Search
Corner Banquet Hall Opportunity
For Sale
$749,000

2759 N Oak Park Avenue, Chicago, IL 60707

COMMERCIAL - Chicago, IL

Property Size10,000 SF
Lot Size0.25 Acres
Price / SF$74.90
Days on Market277

Property Features for 2759 N Oak Park Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Narragansett Ave- Diversey Ave. at Oak Park Ave Harlem Ave. west on Diversey Ave. to address
Subdivision CHI - Montclare
Standard status Active
APN 13304000010000
Size 10,000 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 43310

Utilities

Cooling system Central Air

Building Details

Floors in Building 1
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Oct 31, 2025 Changed: May 13 Last Checked: Aug 3 at 3:06PM
MLS# 12506896

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 commercial property presents a corner banquet hall opportunity in a densely populated Chicago neighborhood. Situated at the traffic light corner of Diversey Avenue and Oak Park Avenue, the property offers outstanding exposure. The location is ideal for redevelopment or adaptive reuse and is within a short distance of major roads and expressways. The estimated building size is approximately 10,000 square feet. The property is within walking distance of public transportation and minutes from Elmwood Park and Belmont Craig Square entertainment corridors. The lot size is 0.25 acres. This property provides an excellent opportunity for investors, developers, or owner-users looking to rectify a well-located building in a vibrant, high-traffic area. The business operation has been closed for several years. The zoning is COMMR. Multiple pin numbers are associated with the property, and the taxes reflect both pin numbers.

Key Highlights

  • Prime corner location at a traffic light intersection (Diversey & Oak Park Ave.) offering outstanding exposure.
  • Ideal for redevelopment or adaptive reuse in a densely populated area.
  • Large building size (approximately 10,000 sq. ft.).

Property Analytics

Current Use

YLab180 Brickyard Laboratory Zam Zam Banquet ... Wedding Service

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Catering Service Nursing Home

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

1,456
Businesses Nearby

Demographics for 60707, IL

43,241
Population
16,590
Households
2.6
Avg Household Size
41
Median Age
31%
College-Educated
86%
High-School Grad
3.6 sq mi
ZIP Area
12,011
Density / Sq Mi
$82,746
Median Household Income
$48,093
Median Earnings
$1,309
Median Rent
$315,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Wedding venue - Prime Chicago location ideal for redevelopment or adaptive reuse.
Where is this wedding venue located?
The property is located at 2759 N Oak Park Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Prime corner location at a traffic light intersection (Diversey & Oak Park Ave.) offering outstanding exposure.; Ideal for redevelopment or adaptive reuse in a densely populated area.; Large building size (approximately 10,000 sq. ft.).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message