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    Oak Park, IL
    Medical Premises

    Oak Park, IL Medical Office Space for Sale

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    Forest Park, IL River Forest, IL Chicago, IL Berwyn, IL Maywood, IL Cicero, IL Melrose Park, IL River Grove, IL
    Multi-Tenant Medical Office Building
    Updated: Nov 19, 2025
    Multi-Tenant Medical Office Building

    720 Lake St, Oak Park, IL 60301

    Contact for pricing
    5,600 sqft
    Year built 1926 multi‑tenant building in downtown Oak Park with medical and professional services tenants
    Fully leased with a tenant mix that has been in place an average of 6 years
    Three of four leases include annual 3–5% rent increases through the remaining term and any option periods
    Recent capital improvements include parking lot work (2020) and plumbing updates (2019)
    Professionally managed building
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    Brick Medical Office Building
    Updated: Apr 10
    Brick Medical Office Building

    7047 W North, Oak Park, IL 60302

    Contact for pricing
    Brick medical building with 4+ medical rooms, lab, private office, nurses station, and reception
    2 bathrooms and a dedicated reception area in the medical office layout
    On‑site parking for 6 vehicles
    Located at the North and Harlem 4‑corners area of Elmwood Park, Oak Park, River Forest and Chicago
    In a block with numerous other medical offices, near local transportation and Starbucks
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Oak Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Building with Rear Parking
    Medical Office Building with Rear Parking

    2201 W Roosevelt Road, Broadview, IL 60155

    $300,000
    0.14 AC lot

    Medical office building with reception, exam rooms, private offices, and restrooms plus rear surface parking.

    View details
    Street-Level Retail Building
    Street-Level Retail Building

    1807 W. Roosevelt Rd., Broadview, IL 60155

    Contact for pricing
    2,000 sqft

    Recently rehabbed street-level retail building with attached rear lot, previously used as a dental office.

    View details
    Atrium-Style Multi-Tenant Office Building
    Atrium-Style Multi-Tenant Office Building

    7000 W North Ave, Chicago, IL 60707

    Contact for pricing

    Multi-tenant story office building with an included neighboring lot and garage structure with a month-to-month lease.

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    Chicago Commercial Property For Sale
    Chicago Commercial Property For Sale

    7409 W Irving Park Road, Chicago, IL 60634

    $399,900
    0.07 AC lot

    Commercial property in Irving Dunning area, suitable for retail/medical.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Westmont Commercial Land For Sale
    Westmont Commercial Land For Sale

    3920 N CASS Avenue, Westmont, IL 60559

    $399,500
    0.17 AC lot

    Vacant lot suitable for commercial or residential development.

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    Crestwood Commercial Lot on Cicero
    Crestwood Commercial Lot on Cicero

    14101 South Cicero Avenue, Crestwood, IL 60418

    $749,900
    1.00 AC lot

    Prime commercial lot in Crestwood business district with high exposure.

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    Mokena Commercial Land Opportunity
    Mokena Commercial Land Opportunity

    Lot 16 191st Street, Mokena, IL 60448

    $1,275,000
    8.57 AC lot

    Prime commercial land available in Mokena's 'Great Corridor'.

    View details
    Commercial Lot on Eola Road
    Commercial Lot on Eola Road

    2234 S Eola Road, Aurora, IL 60503

    $475,000
    1.06 AC lot

    Commercial lot with frontage on Eola Road in Aurora, IL.

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    Off-Market Properties in Oak Park, IL

    Consider similar Off-Market properties in Oak Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6955 North Ave
    Individual retail properties

    6955 North Ave, Oak Park, IL 60302

    Value Estimation by Request
    6,700 sqft 0.14 AC lot
    View details
    6955 North Ave
    Individual retail properties

    6955 North Ave, Oak Park, IL 60302

    Value Estimation by Request
    6,700 sqft
    View details
    320 Lake St
    Medical Office Space

    320 Lake St, Oak Park, IL 60302

    Value Estimation by Request
    View details

    Oak Park, IL Medical Office Space Market Trends and Statistics

    Explore 5 medical office space for sale in Oak Park, IL on our real estate platform. These investment opportunities span a total of 5,600 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 15
    Office Units 12
    Medical Office Space 6
    Coworking space 1

    Demographics Overview

    Population 53K
    Population Growth (5Y) +12.5%
    Median Household Income $109,252
    College Educated 83.3%

    High-Yield Neighborhoods for Investment

    Identify Oak Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60302 $159K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Oak Park fall within the Under 2,500 square foot range.

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    Most Searched ZIP Codes in Oak Park, IL

    • 60301
    • 60302

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