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$1,150,000
Est. payment /mo
10,423 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 10,423 sqft
Price per Sqft $110
MLS Listing ID 12611362
Year Built 1924
Annual Tax Amount $46,375
Tax Year 2024
Lot Dimensions 207 x 60
Property Sub-Type Retail/Stores
Property Description
Exceptional opportunity to own a fully leased multi-tenant commercial property in a prime South Blvd location in Oak Park. Just steps from the Ridgeland "L" Station this corner location provides abundant street parking, great visibility, and accessibility. The current configuration has six storefronts with each tenant paying for its own separate utilities for gas and electric. Past usage has permitted as many as eleven (11) storefronts. The current mix includes a Tai Chi Center (2 spaces/seller) Contractor (1 space), Fine Hair Design (1 space), Yoga Studio (2 spaces), gymnasium (2 spaces), and an Art Studio (3 spaces). The property's long time owner/occupant would like to negotiate an extension of its current tenancy. All tenancies are on a month to month basis. The assessor records indicates a total site of 12,480 sq. ft. and an existing building square footage of 10,423 sq. ft.. Oak Park zoning is "neighborhood storefront". This location on South Blvd is an easily accessible and convenient location to the Green Line "L" station, 290 expressway, Ridgeland Commons, and abundant Oak Park amenities.
Location
State IL
County Cook
Area Oak Park
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available
Building
Dwelling Type Retail/Stores
Structure Type Brick
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Listed by George Ristau of Weichert, Realtors - All Pro