Oak Park IL Real Estate & Commercial for Sale

12 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
2,490
Status:
Active
MLS#:
12582741
Type:
Mixed Use
Lot size:
0.07 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Enterprise R.E. Consortium LLC 312-835-5345
View additional info

ADDITIONAL INFORMATION

Great location includes 5 parking spots, on busy street with ample parking for clients, next to established businesses. Building include 1-1 bedroom apartment and two retail businesses; a hair Salon and a nail shop. Apartment has been newly renovated. New central air and furnace 2022. Utility room with washer and dryer. Both stores are occupied with long-time tenants. Hair Salon hot water heater and furnace and central air installed in 2015. Tenant since 2011. Nail shop hot water heater was installed in 2023. Tenant since 2015. Building roof was installed in 2017. Rents are all below market value, thus an opportunity for future increases.

Beds:
n/a
Baths:
Sq.Ft.:
5,000
Status:
Active
MLS#:
12590261
Type:
General Commercial
Lot size:
0.14 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Gullo & Associates 708-386-9090
View additional info

ADDITIONAL INFORMATION

Prime Medical or Retail Opportunity! 5,000+ SF High-Visibility North & Harlem Corridor 28K+ Vehicles Daily Oak Park/River Forest/Galewood/Elmwood Park Area. Position your business in one of the most dynamic corridors in the Near West Suburban area, serving the vibrant communities of Oak Park & River Forest and Chicago's Galewood neighborhood. Nearby developments include a new 50,000sf outpatient facility from Rush University Medical Center, 275 new residential units opening Summer 2026, and additional planned retail development at the busy Harlem & North intersection. The property is surrounded by a strong mix of national retailers and established local businesses including Starbucks, Bank of America, Buona, Dunkin', Walgreens, Benjamin Moore, The UPS Store, as well as well-known local businesses like Onion Roll Deli and Yonan Carpet One. The surrounding corridor also includes cardiology, dental, vision, and other professional medical offices. Within walking distance is the highly desirable Northwest Oak Park / St. Giles residential neighborhood, known for its strong demographics and stable residential base. This exceptional commercial property offers over 5,000 square feet of flexible space with 50 feet of prominent frontage along busy North Avenue, where 28,000+ vehicles pass daily. Currently operating as a spacious open-concept furniture showroom, the building features 10-foot ceilings, updated HVAC (2021), and a newer roof (2017)-providing a solid, move-in-ready foundation that can easily be divided or customized for a wide variety of uses. Located just one block east of the bustling "Four Corners" intersection of Harlem Avenue (Rt. 43) and North Avenue (Rt. 64), the site offers exceptional visibility, accessibility, and exposure. The building also includes six rear parking spaces with convenient alley access for customers and staff. With the new Rush outpatient center and numerous medical offices nearby, this versatile property is well suited for medical, dental, physical therapy, or mental health practices. The expanding residential population also creates strong demand for restaurants, fitness concepts, dispensaries, martial arts studios, theater or acting studios, and indoor sports or recreation facilities. With strong demographics, constant traffic, and continued neighborhood investment, this property represents a rare opportunity to secure a high-visibility commercial building in a thriving and growing trade area. Schedule your private showing today to explore the possibilities

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12531578
Type:
Mixed Use
Lot size:
0.05 Acres
Year built:
1893
A broker reciprocity listing Courtesy: Parkvue Realty Corporation 312-788-4040
View additional info

ADDITIONAL INFORMATION

Solid mixed-use / multi-unit property in prime Oak Park location near Harlem Ave and Chicago Ave corridor. Approx. 2,600 SF building on ~2,297 SF lot. Property features multiple units with flexible residential or potential commercial configuration (buyer to verify zoning/use). Convenient access to downtown Oak Park, restaurants, shopping, and public transportation including CTA Green Line and Metra.

Beds:
n/a
Baths:
Sq.Ft.:
2,200
Status:
Active
MLS#:
12586298
Type:
Other
Lot size:
0.06 Acres
Year built:
1945
A broker reciprocity listing Courtesy: Hunter's Realty, Inc. 708-628-2900
View additional info

ADDITIONAL INFORMATION

Great opportunity to own in Oak Park, excellent for an owner user or investor. Priced to move, with superb visibility over 30,000 daily traffic count. New windows, new facade , newer roof (2023), plus roof top central air. Over 2200 interior sq ft with parking in Rear plus ample off street parking. Perfect for a variety of uses such as retail, doctors office, dental practice, chiropractic, insurance, business etc

Beds:
n/a
Baths:
Sq.Ft.:
26,928
Status:
Active
MLS#:
12550151
Type:
General Commercial
Lot size:
0.57 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Coldwell Banker Realty 312-266-7000
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ADDITIONAL INFORMATION

Kenilworth Apartments, located in the Frank Lloyd Wright Historical District near the Ernest Hemingway Birthplace Museum, offers 30 well-maintained mid-century California style units in Oak Park. ****The property features large windows, spacious kitchens, and bedrooms, with all units including walk-in closets. Rent covers heat, air conditioning, on-site parking, and water. Generous storage rooms and updated laundry facilities are available in the basement. ****Residents enjoy convenient access to Oak Park's amenities, including theaters, shopping, restaurants, professional offices, and public transportation and education facilities as Oliver W. Holmes Elementary School and Oak Park & River Forest High School. Gross income estimate includes owner unit prjected rent. ****The Unit mix consists of 12 two-bedroom units and 18 one-bedroom units, each with one bath, walk-in closets, air conditioning, and radiant heat. ****Recent capital improvements include concrete work, painting, HVAC repairs, decorative flooring in laundry and hallway common areas, and tuckpointing.

Beds:
n/a
Baths:
Sq.Ft.:
5,600
Status:
Active
MLS#:
12518349
Type:
General Commercial
Lot size:
0.13 Acres
Year built:
1929
A broker reciprocity listing Courtesy: Compass 773-466-7150
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ADDITIONAL INFORMATION

Presenting a fully leased multi-tenant investment opportunity in downtown Oak Park. The property is situated along the highly trafficked Lake St commercial corridor near Oak Park Ave and is surrounded by numerous restaurants, shops, small businesses, and a dense residential population. The building is comprised of a well-insulated tenant mix in the medical and professional services industries who have been in place for an average of 6 years. Three of the four leases have an annual rent increase of 3-5 percent throughout the remaining term as well as any option periods providing a growing income stream. The building is professionally managed and recent capital improvements include work to the parking lot (2020) and plumbing (2019). The property is zoned DT-2, which allows for a myriad of commercial uses as well as residential uses above the ground floor. This advantageous zoning lends the property flexibility to future commercial tenants as well as the ability to adapt the 2nd floor to a residential use if so desired. Simply put, this offering represents a professionally managed building providing a diversified and growing income stream in a highly desirable area of Oak Park.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12489570
Type:
Mixed Use
Lot size:
0.04 Acres
Year built:
1936
A broker reciprocity listing Courtesy: RE/MAX Plaza 815-385-6770
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ADDITIONAL INFORMATION

Exceptional Mixed-Use Investment Opportunity in Prime Oak Park - 97 Harlem Ave Don't miss this rare chance to own a high-performing mixed-use property in the heart of vibrant, walkable Oak Park. Ideally located on high-traffic Harlem Avenue, this well-maintained building offers strong income potential through both commercial and residential components. The ground floor features a flexible retail space, currently operating as a nail salon, ideal for retail, office, or professional services. With excellent street frontage and signage visibility, this space ensures high exposure in a heavily trafficked area. Upstairs, the residential unit includes 2 bedrooms and 1 bathroom, thoughtfully designed for comfort and practicality. The unit benefits from strong rental demand, making it an attractive option for investors or owner-occupants seeking live/work potential. Mixed-use layout: Retail store/salon on the first floor with 2 restrooms and 2-bed, 1-bath apartment above Prime location near public transit, major highways, Aldi market, shopping, and dining. High-exposure commercial storefront with excellent visibility on Harlem Ave Private rear parking and access for convenience Consistent rental income with upside potential Possible tax advantages. Whether you're looking to expand your investment portfolio or establish a live/work setup in one of Oak Park's most desirable corridors, this property delivers location, income, and long-term value. Schedule your private tour today and secure this exceptional opportunity in Oak Park!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12478032
Type:
General Commercial
Year built:
1965
A broker reciprocity listing Courtesy: City Habitat Realty LLC 773-856-0552
View additional info

ADDITIONAL INFORMATION

We are pleased to offer a rare opportunity to acquire a well-maintained, midcentury condominium building through a condo deconversion sale. 950 W Washington Condominiums is a 28-unit courtyard building in Oak Park, a leafy municipality with a quiet suburban feel, yet still directly adjacent to Chicago. The building was completed in 1965. 950 W Washington consists of seven 1BD/1BA units, fourteen 2BD/1BA units, four 3BD/1.5BA units, and three 3BD/2BA. There are 38 parking spots (28 garage spots and 10 surface spots). The property is in Oak Park, a leafy, walkable suburb home to a thriving artistic community as well as a variety of galleries, boutiques and restaurants. PLEASE NOTE: as this building is currently owner-occupied condominiums, all income and figures are a pro forma projection. Buyer should do their own due diligence and come to their own determinations. Contact AJ for Offering Memorandum.

Beds:
n/a
Baths:
Sq.Ft.:
3,464
Status:
Active
MLS#:
12474663
Type:
General Commercial
Lot size:
0.2 Acres
Year built:
1910
A broker reciprocity listing Courtesy: Baird & Warner 708-697-5900
View additional info

ADDITIONAL INFORMATION

Oak Park - prime investment opportunity. Currently being used as a non-profit (religious use), this residential zoned property (multi-family) offers multiple ideal uses. The new owner could redevelop the oversized lot (12 parking spaces in the rear of the property), return the home to its original glory and make it a single family home. Sold "As Is." Close proximity to transit options.

Beds:
n/a
Baths:
Sq.Ft.:
6,602
Status:
Active
MLS#:
12463106
Type:
Office
Lot size:
0.34 Acres
Year built:
1991
A broker reciprocity listing Courtesy: Compass 847-306-6158
View additional info

ADDITIONAL INFORMATION

Investors don't miss this opportunity with this well maintained office property has been well maintained with a recent new roof, ample parking with twenty-three parking spots for clients and employees. Multiple offices and storage room space throughout. Excellent location for all to access from public transportation to the nearby expressway. This property is a great investment being sold as a sale leaseback. Don't miss out on this opportunity! Easy access for city transportation and located off the 290 expressway.

Beds:
n/a
Baths:
Sq.Ft.:
1,500
Status:
Active
MLS#:
12403671
Type:
Other
Lot size:
0.37 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Baird & Warner 708-697-5900
View additional info

ADDITIONAL INFORMATION

Well-established automotive repair with over 40 years in business. 3 bays with lifts. One is new. Some equipment, including compressors, included. Located on a 15,900 square foot corner lot with over 25 parking spaces. Some generate extra income as rental spaces for nearby businesses and apartments.

Beds:
n/a
Baths:
Sq.Ft.:
8,277
Status:
Active
MLS#:
12210193
Type:
Mixed Use
Lot size:
0.19 Acres
Year built:
1909
A broker reciprocity listing Courtesy: Charles Rutenberg Realty 630-929-1100
View additional info

ADDITIONAL INFORMATION

Once in a lifetime opportunity to own this income generating mix-used building in Oak Park. Very attractive Building Located on the N. W. Corner of Roosevelt Rd. & South East Ave. with paved 4 parking spaces in the back & 2 cars brick garage. All 6 units (3 Retail Stores & 3 Apartments on 2nd floor) has been renovated since 2016, every unit's heat, a/c and utilities has been separated. 5 of the units are occupied except 1 commercial unit is vacant that is for lease. It is very convenient to get on I-290, Harlem and North Riverside Mall. Plenty of parks, businesses & retail near by. Must See!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Oak Park Real Estate

Oak Park is located in Illinois. Oak Park, Illinois has a population of 54,100. Oak Park is more family-centric than the surrounding county with 38.75% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Oak Park, Illinois is $98,081. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Oak Park is 39.9 years.

Oak Park Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 38.4 inches per year, with 36.3 inches of snow per year.

Oak Park Map

Oak Park Real Estate Market Conditions

  • Median sales price

    $354,724
    10.6%
    change since last quarter
  • # Active listings

    144
    30-day change

Oak Park Schools and Demographics

Education near Oak Park, IL

City County
High School Graduates 96.87 87.97
College Degree - 2 year 4.89 6.73
College Degree - 4 year 72.05 40.75
Graduate Degree 25.88 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Oak Park, IL

Grades Students P/T Ratio ZIP
Abraham Lincoln Elementary School KG - 05 659 17.3 60304
Betsy Ross Elementary School KG - 02 153 10.2 60130
Field Stevenson Elementary School 03 - 05 142 7.9 60130
Garfield Elementary School PK - 02 135 8.4 60130
Grant-White Elementary School 03 - 05 79 7.9 60130
Horace Mann Elementary School KG - 05 477 14.9 60302
Irving Elementary School KG - 05 501 14.3 60304
Lincoln Elementary School PK - 04 383 14.4 60305
Longfellow Elementary School PK - 05 695 18.3 60304
Oliver W Holmes Elementary School PK - 05 514 15.1 60302
Whittier Elementary School PK - 05 432 11.4 60302
Willard Elementary School PK - 04 311 11.4 60305
William BEYE Elementary School KG - 05 406 12.7 60302
William Hatch Elementary School PK - 05 327 13.3 60302

Middle Schools near Oak Park, IL

Grades Students P/T Ratio ZIP
Forest Park Middle School 06 - 08 262 8.4 60130
Gwendolyn Brooks Middle School 06 - 08 944 15.1 60302
Percy Julian Middle School 06 - 08 959 15.2 60302
Roosevelt School 05 - 08 655 12 60305

High Schools near Oak Park, IL

Grades Students P/T Ratio ZIP
Oak Park & River Forest High School 09 - 12 3,232 15 60302
Proviso Math and Science Academy 09 - 12 751 20.3 60130

Ungraded Schools near Oak Park, IL

Grades Students P/T Ratio ZIP
* ALOP Academic Learning Program 09 - 12 0 60302
* Proviso THSD 209 Dream School 10 - 12 14 7 60130

Demographics near Oak Park, IL

City County
Neighborhood Type Inner City
Population 54,100 5,265,398
Population Density 11,511 5,572
Median Age 39.9 37.3
People per Household 2.4 2.5
Median Household Income 98,081 72,121
Average Income per Capita 60,973 41,706

Real estate near Oak Park