Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1101 Lk St Oak Park, IL 60301-1085

    • Office buildings
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Location Intelligence
    Property ID
    US28-1283756
    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

    • Gehl Foods / Food Store / Grocery Store
    • Seeworthy Media / Media Company
    • Fix That 4U / Cell Phone Store
    • Gabrielle S. Davis, P.C. / Family Law Attorney / Divorce Lawyer
    • Piyaka Song MD / Psychiatrist

    Property Details for 1101 Lk St

    Year built
    1947
    Lot size
    0.15 lot acres
    Property type
    Office buildings
    APN
    16-07-124-016
    APU
    1607124016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $395,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $395,000
      Mixed-Use
      $440,000
      Hospitality
      $430,000
      Educational
      $430,000
      Residential Income
      $395,000
      Energy
      $455,000
      Income-Based Land
      $405,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8027
    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
    $153,761
    $41,906
    $341,048
    $382,954
    -
    $167,624
    $1,364,192
    $1,531,816

    Comparable in this City

    • Value Estimation by Request
      0.74 Acres

      137 Oak Park Ave

      OFFICE BUILDING (MULTI-STORY) • 0.74 Acres
      137 Oak Park Ave, Oak Park, IL 60301-1344
      View Details
    • Value Estimation
      $410,000
      0.23 Acres

      1001 Lk St

      OFFICE BUILDING (MULTI-STORY) • 0.23 Acres
      1001 Lk St, Oak Park, IL 60301-1101
      View Details
    • Value Estimation
      $405,000
      0.38 Acres

      129 Frst Ave

      OFFICE BUILDING (MULTI-STORY) • 0.38 Acres
      129 Frst Ave, Oak Park, IL 60301
      View Details
    • Value Estimation
      $365,000
      0.22 Acres

      1144 Lk St

      OFFICE BUILDING (MULTI-STORY) • 0.22 Acres
      1144 Lk St, Oak Park, IL 60301-6705
      View Details
    • Value Estimation
      $5,155,000
      0.12 Acres

      715 Lk St

      OFFICE BUILDING (MULTI-STORY) • 0.12 Acres
      715 Lk St, Oak Park, IL 60301-1422
      View Details
    • Value Estimation by Request
      0.44 Acres

      1140 Lk St

      OFFICE BUILDING (MULTI-STORY) • 0.44 Acres
      1140 Lk St, Oak Park, IL 60301-1049
      View Details

    Similar Nearby for Sale

    • $825,000
      0.13 Acres

      Oak Park Leased Investment Opportunity

      Fully leased multi-tenant building in downtown Oak Park.
      720 Lake St, Oak Park, IL 60301
      View Details
    • $2,350,000
      9,737 SF

      Oak Park Retail and Office

      9,737 SF retail and office building in downtown Oak Park.
      113-115 N Marion St, Oak Park, IL 60301
      View Details
    • $119,900
      0.34 Acres

      Adaptable Office Space in Oak Park

      Versatile 941 sq ft office space in Oak Park.
      105 N Oak Park Ave, Oak Park, IL 60301
      View Details
    • Contact for pricing
      9,737 SF

      Downtown Oak Park Mixed-Use Building

      17 Units, 9,737 SF, Value-Add Opportunity
      113 Marion St, Oak Park, IL 60301
      View Details
    • Contact for pricing
      5,586 SF

      Oak Park Mixed-Use Investment

      Downtown Oak Park, 5,586 SF, 100% Occupied
      1053 Lake St, Oak Park, IL 60301
      View Details
    • $825,000
      7,135 SF

      Historic Oak Park Commercial Property

      Versatile commercial property in downtown Oak Park, ideal for various uses.
      818 North Blvd, Oak Park, IL 60301
      View Details

    Similar Nearby for Lease

    • $71 SF/Yr
      13,081 SF

      Prime Oak Park Office Space

      Modern Suites, Flexible Options, A-Class Building
      1010 Lake St, Oak Park, IL 60301
      View Details
    • $36 SF/Yr
      6,596 SF

      Downtown Creative Office Space

      Historic building, modern office, 2,600 sq ft available.
      193 Marion St, Oak Park, IL 60301
      View Details
    • $18 SF/Yr
      9,739 SF

      Downtown Oak Park Commercial Space

      Prime Retail & Office, Oak Park
      113 Marion St, Oak Park, IL 60301
      View Details
    • $20 SF/Yr
      5,586 SF

      Oak Park Office Suite, 1862 SF

      Downtown Oak Park office space, high-end finishes.
      1053 Lake St, Oak Park, IL 60301
      View Details
    • Contact for pricing
      2,178 SF

      Oak Park Prime Office Space

      Versatile office space with spacious basement in a sought-after location.
      193 N Marion St, Oak Park, IL 60301
      View Details
    • Contact for pricing
      2,131 SF

      Retail Space in Oak Park

      Transit-oriented retail space in a mixed-use development.
      1135 Westgate St, Oak Park, IL 60301
      View Details

    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      1.3k
    • Avg Time on site
      31 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1101 Lk St
    Oak Park, IL 60301-1085
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.