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Financial
Distress signals
Property profile

1053 Lake St Oak Park, IL 60301

FOR SALE
Retail space
Property ID
US28-0263617
0.05 ac lot Built 1912
Last sale Jun 2009 · $300,000
Trust Owned Owner of record is a trust. 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A three-story retail and office building of approximately 6,000 square feet is located in downtown Oak Park, Illinois, about 9 miles west of the Chicago Business District. The property includes an elevator and multiple windows. The ground floor is configured as a restaurant with an outdoor patio, two restrooms, a prep area, and a kitchen. The second floor is set up for a music institute, featuring six offices, lobby areas, two restrooms, and building signage. The third floor is configured for a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$55k
Tax billed · 2022
Assessed value$137k
Assessed land$13k
Assessed improvement$125k
Effective rate40.15%

Value estimate

· Oct 2026
$360k
$324k – $396k
AI approach$360k
NOI build-up
Gross scheduled income$130k
Vacancy & credit loss−$11k
Operating expenses−$36k
NOI · 4.27% cap applied$83k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
4.27%
$83k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.6
Watch Repair Shop9.2
Laundromat9.0

Location

1053 Lake St Oak Park, IL 60301
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Oak Park, Oak Park, IL 60301-1304 $5,025,000 Feb 2023 No data
114 Oak Park, Oak Park, IL 60301-1304 $5,025,000 Feb 2023 No data
719 Lk, Oak Park, IL 60301-1406 $4,800,000 Jun 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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