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    1053 Lake St Oak Park, IL 60301
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    Property profile & analytics

    1053 Lake St, Oak Park, IL 60301

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    • Retail space
    • 0.05 lot acres
    Oak Park Office Suite For Lease
    $20 SF/Yr
    6,000 SF

    Oak Park Office Suite

    1,862 SF office suite in downtown Oak Park.

    1053 Lake Street, Oak Park, IL 60301
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hecho en Oak Park / Restaurant
    • Higher Ground Wellness Group / Crisis Center / Medical Clinic
    • Cappelli Institute of Music / Vocational School / Training Center
    • 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

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 29, 2009 $300,000 Trust 091788 Trust 4608 Grant Deed · related —
    — — Juan J Valdez — Deed Of Trust · related $400k · Banco Popular North America

    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 Estimations

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    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
    View Listing
    More about this property
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