1142 Chicago Avenue, Oak Park, 60302

$1,400,000 - Retail/Stores For Sale

$1,400,000

Beds
Baths
17,000Sqft
1920Built
MLS® #: 10539931
Active

Striking Terracotta clad commercial building in Oak Park with ground floor retail and second floor office space, located in a charming walkable business district adjacent to the Frank Lloyd Wright District. Second floor was originally built as residential; potential to revert back with many original features still intact including layout, original woodwork and marble entryways. Many new improvements in the fully leased ground floor spaces include new flooring, washrooms and exposed brick. Tremendous visibility with 34,800 cars daily on Harlem Avenue, 13,100 on Chicago Avenue. Low vacancy, many long time tenants. Surrounding neighborhood includes the Frank Lloyd Wright Home and Studio, quality independent retailers like Aliotos and Tulipia, Doggie Day Play and Yuppie Puppy, walking distance to CTA Green Line and Metra, Target, Gap, Trader Joes, and the vibrant restaurants shops and entertainment in Downtown Oak Park. Over 300 new residential units being developed nearby at North Avenue and Harlem as well as directly across Harlem in River Forest. Lovingly owned for decades by the same family, tremendous potential with this iconic building.

Additional Information: This property is located in the Oak Park neighborhood, IL. This bedrooms retail/stores property is priced at $82.4/sqft.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: 10539931
Price: $1,400,000
Taxes: $69,819
Square Footage: 17,000
Acres: 0.00
Year Built: 1920
Type: Commercial
Sub-Type: Retail/Stores
Status: Active

Community Information

Address: 1142 Chicago Avenue
Area: Oak Park
City: Oak Park
County: Cook
State: IL
Zip Code: 60302

Interior

Heating: Radiators
Cooling: Central Air, Window Unit/s
Stories: 2

Listing Details

Listing Office: Baird & Warner, Inc.

Financials

$/SqFt: $82

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Listing information last updated on October 17th, 2019 at 1:36pm CDT.