1142 Chicago Avenue

Estimated Monthly Payment: $10,340/mo 1142 Chicago Avenue, Oak Park, IL 60302 MLS# 10539931 Commercial Sale Listing Status: Active Under Contract

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REMARKS:

Striking Terracotta Clad Commercial Building In Oak Park. Located In A Charming Walkable Business District Adjacent To The Frank Lloyd Wright District. Currently Configured With Fully Leased Retail On The First Floor; Second Floor Offers Various Sized Office Space. Improvements In Some Retail Spaces Include New Flooring, Washrooms And Exposed Brick. Low Vacancy. Many Long-Time Tenants. Originally Built As Mixed Use, Many Original Features Still In Place Throughout The Second Floor Including Layout, Full Bathrooms, Original Woodwork And Marble Entryways. Strong Potential To Convert To Mixed Use Under Existing Zoning. Robust Area Investments Ongoing At Lake St. And Harlem, Chicago Ave And Harlem, And The Former Sears Site At North Ave And Harlem. Tremendous Visibility - 34,800 Vpd On Harlem Avenue, 13,100 On Chicago Avenue. Surrounding Neighborhood Includes The Frank Lloyd Wright Home And Studio, Great Independent Retailers Like Alioto'S And Tulipia, Doggie Day Play And Yuppie Puppy, Walking Distance To Cta Green Line And Metra, Target, Gap, Trader Joes, Whole Foods, Walgreens, And The Vibrant Restaurants, Shops, And Entertainment In Downtown Oak Park. Lovingly Owned For Decades By The Same Family, Tremendous Potential With This Iconic Building.

OVERVIEW:

Commercial Sale
Neighborhood Storefront
Active Under Contract
Oak Park
1920
11152
68X164
Central Air, Window Unit(s)

FINANCIAL:

$998,000
$69,472
2018

NEIGHBORHOOD & SCHOOL INFORMATION:

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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Big Shoulders Realty are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data last updated: 09/30/2020 9:32:05 PM