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    1040 Lk St, Unit 44 Oak Park, IL 60301-1102
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    Property profile & analytics

    1040 Lk St, Unit 44, Oak Park, IL 60301-1102

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    • Retail space
    Off-Market
    Property ID
    US28-4429254
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Barre Code / Gym & Fitness Center

    Property Details for 1040 Lk St

    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    16-07-120-059
    APU
    1607120059

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    — — Big Papa Project LLC — Deed Of Trust · related $1.7M · Crystal Lake Bk&tr
    — — Sashet LLC — Deed Of Trust · related $1M · Chase Bk/md

    Description

    This exceptional commercial property at 1040 Lake Street in Oak Park, Illinois, presents a compelling investment opportunity. Boasting 10,033 square feet across two floors in a 1932-built building, this multi-tenant property is ideally situated in downtown Oak Park's vibrant commercial district. The property benefits from significant pedestrian traffic and outstanding street visibility, ensuring a steady flow of potential customers. Its versatile zoning (B2) allows for a wide range of uses, including QSR/Fast Food, storefront retail, and traditional office spaces. The 0.15-acre lot provides ample space, and the property's location offers easy access to public transportation, diverse dining options, and other retail establishments. This prime retail space is perfect for businesses seeking high visibility and a strong customer base in a thriving community. The property's APN is 16-07-120-059-0000. The asking price is $2,250,000. Don't miss this chance to secure a foothold in this dynamic Oak Park location.


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    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8022
    Latitude
    41.889
    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
    $83,437
    $38,743
    $169,065
    $207,808
    -
    $154,972
    $676,260
    $831,232
    More about this property
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