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Property profile & analytics
OFF-MARKET
Retail space

113 Marion St Oak Park, IL 60302-2822

0.1 ac lot Built 1964
Entity Owned Free & Clear
Property ID
US28-2741912
Property summary
AI-generated overview

This exceptional Oak Park property at 113 N Marion St offers a unique blend of retail and office space, ideal for multiple tenants. The building, constructed in 1920, boasts 9,739 square feet across two stories, situated on a 0.14-acre lot. The ground floor presents excellent storefront and street retail opportunities, while the second floor includes approximately 150 square feet of executive office space. The property's Commercial zoning allows for diverse uses. Located in the heart of downtown Oak Park, this location is a Walker's Paradise, providing easy access to public transportation including the Oak Park Metra Station, the CTA Green Line, and numerous bus routes. Its strategic proximity to major highways, I-290 and I-294, ensures seamless connectivity to the broader Chicago metropolitan area, benefiting both businesses and employees. Oak Park's vibrant atmosphere, known for its shopping and dining scene, attracts both local residents and tourists, creating a high-traffic environment for retail ventures. This Cook County property presents a compelling investment opportunity in a thriving, upscale community just nine miles west of Chicago's central business district. The building's multiple tenancy options provide flexibility for various business needs.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Lot 0.1 ac (4,250 SF)
APN 16-07-301-016
UPID US28-2741912
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • B a Feller Co Property Management Company
  • Northlake Apartments Apartment Complex
  • Luo's Peking House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
B H FELLER CO
B H FELLER CO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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