1053 Lake St Oak Park, IL 60301
This ±1,862 square foot office suite is located on the third floor of a three-story mixed-use building at 1053 Lake Street in Oak Park, Illinois. Built in 1912 and renovated in 2016, the building sits on a 0.04-acre lot in Cook County. The suite features high-end finishes, abundant natural light, a reception/waiting area, four private offices, a kitchen, two internal restrooms, and storage. The single-tenant space is part of a larger 5,586 square foot building. Its prime downtown Oak Park location offers easy access to major transportation arteries, including I-290, I-294, the CTA Green Line, and numerous bus routes, providing seamless connectivity to the broader Chicago metropolitan area. This convenient location benefits both employees and clients, making it ideal for businesses seeking a strategic and accessible location. Oak Park itself is a vibrant community known for its upscale atmosphere, shopping, and dining options, situated just nine miles west of Chicago's central business district. This property presents a compelling opportunity for businesses seeking a well-appointed and conveniently located office space.
-
Hecho en Oak Park Restaurant
-
Higher Ground Wellness Group Crisis Center Medical Clinic
-
Cappelli Institute of Music Vocational School Training Center
-
Noah2 Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.