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400 - 402 Lake Street, Oak Park, IL

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400 - 402 Lake Street

Oak Park, IL 60302 - Oak Park Area Submarket

Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing Year Built:1918
Building Size:6,278 SF Land Area:.11 AC (4,792 SF)
For Sale Price:$825,000 Price/SF:$131.41
Cap Rate:8.60 %
Parking:5 Surface spaces are available
Features:Signalized Intersection

Sale Notes:
Interra Realty has been exclusively engaged to market 400 Lake St, Oak Park for sale. The offering includes one two bedroom /two bathroom apartment, three fully occupied retail spaces, and five private offices.The property features tenant paid utilities and benefits from updated electrical, copper plumbing, and individual HVAC units, newer roof, and newer porch. A qualified investor has the opportunity to acquire a rarely available high street appeal asset with immediate upside in rents.

Interra Realty
Pat Kennelly
(312) 724-7011

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