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Property profile & analytics

1053 Lake St Oak Park, IL 60301

  • Retail space
  • 0.05 lot acres
Value Estimation
Location Intelligence
Property ID
US28-0263617
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hecho en Oak Park / Mexican Restaurant
  • Higher Ground Wellness Group / Mental Health Service
  • Cappelli Institute of Music / Music School
  • Noah2 / Corporate Office

Property Details for 1053 Lake St

Year built
1912
Lot size
0.05 lot acres
Property type
Retail space
Property subtype
Storefront properties
APN
16-07-126-002
APU
1607126002

Description

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.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Oak Park
County
Cook
State
Illinois
Longitude
-87.8021
Latitude
41.8884
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$55,101
$12,500
$124,733
$137,233
-
$50,000
$498,932
$548,932
More about this property
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