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Oak Park, IL Specialty Properties for Sale

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Oak Park Multifamily Redevelopment Opportunity
Updated: May 27, 2025
Oak Park Multifamily Redevelopment Opportunity

316 N Austin Boulevard, Oak Park, IL 60302

$702,000
Prime investment opportunity in Oak Park.
Multi‑family residential zoning allows for various uses.
Oversized lot with 12 parking spaces.
Redevelopment potential.
Opportunity to restore to a single‑family home.
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Oak Park Specialty Property
Updated: Dec 5, 2024
Oak Park Specialty Property

6549 North Avenue, Oak Park, IL 60302

$629,000
Specialty property
Located in Oak Park, Illinois
Year Built: 1965
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See what stands out in Cook County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Oak Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Level Religious Facility
Multi-Level Religious Facility

5729 W Chicago Avenue, Chicago, IL 60651

$2,999,999
52,555 sqft

Multi-level facility with assembly space, offices, classrooms, an elevator, and parking.

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Multi-Level Religious Facility
Multi-Level Religious Facility

5729 W Chicago Avenue, Chicago, IL 60651

$2,999,999
0.92 AC lot

Multi-level property with assembly space, classrooms, offices, elevator, storage, and both garage and surface parking.

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Chicago School Building and Land
Chicago School Building and Land

819 & 831-847 N. Leamington Avenue, Chicago, IL 60651

Contact for pricing
27,500 sqft 0.63 AC lot

School building with land in Chicago's Austin neighborhood.

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Land Parcel for Redevelopment
Land Parcel for Redevelopment

5815-23 W. Chicago Avenue, Chicago, IL 60651

Contact for pricing
0.46 AC lot

Approximately 19,952 SF land offering for sale in Chicago, IL.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Development Site
Commercial Land Development Site

4222 W Division Street, Chicago, IL 60651

$1,350,000

Large urban parcel with prior approval for a 75-unit supportive housing and commercial project.

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Cantera Business Park Land Opportunity
Cantera Business Park Land Opportunity

28301 Ferry Rd, Warrenville, IL 60555

Contact for pricing
161,209 sqft 19.00 AC lot

19-acre site in Cantera Business Park, Warrenville, IL.

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Land in Tinley Park, IL
Land in Tinley Park, IL

16750 Harlem Avenue, Tinley Park, IL 60477

$579,000
1.01 AC lot

Commercial land available for sale in Tinley Park, Illinois.

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Wooded Recreation Land
Wooded Recreation Land

4302 Oak Avenue, Hammond, IN 46327

$125,000
2.17 AC lot

Two wooded parcels with public water and sewer near the Toll Road, US 41, Calumet Avenue, and Wolf Lake Park.

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Off-Market Properties in Oak Park, IL

Consider similar Off-Market properties in Oak Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1117 Garfield St
Day care centers

1117 Garfield St, Oak Park, IL 60304

Value Estimation by Request
0.89 AC lot
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320 Lake St
Medical Office Space

320 Lake St, Oak Park, IL 60302

Value Estimation by Request
View details

Oak Park, IL Specialty Properties Market Trends and Statistics

Explore 4 specialty properties for sale in Oak Park, IL on our real estate platform.

Sale prices for properties in Oak Park, IL start at $629,000, averaging $665,500, and reaching up to $702,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Churches & religious facilities 2

Demographics Overview

Population 53K
Population Growth (5Y) +12.5%
Median Household Income $109,252
College Educated 83.3%

High-Yield Neighborhoods for Investment

Identify Oak Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60302 $665.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Oak Park fall within the 5,000 to 10,000 square foot range.

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