1053 Lake St Oak Park, IL 60301

This exceptional three-story, 5,586-square-foot mixed-use building presents a compelling investment opportunity in the heart of Oak Park, Illinois. Built in 1913 and extensively renovated in 2016, the property boasts a prime location, offering high visibility and convenient access to major transportation arteries, including I-290, I-294, the CTA Green Line, and numerous bus routes. Currently 100% occupied by three diverse tenants, the building features a ground-floor restaurant with an outdoor patio, a fully equipped kitchen, and two restrooms. The second floor houses a music institute with six offices, lobby areas, and two restrooms, while the third floor accommodates a wellness group with a lobby, reception area, four offices, a kitchenette, and two restrooms. An elevator services all three floors. The building benefits from abundant natural light thanks to numerous windows. Situated on a 0.04-acre lot, this property is ideally positioned within a vibrant, upscale community, just nine miles west of Chicago's central business district. Oak Park's thriving retail and dining scene attracts both residents and tourists, ensuring a strong customer base for the existing tenants and future opportunities. The Cook County property (APN: 16-07-126-002-0000) offers a rare blend of established tenancy and significant upside potential in a highly desirable location.