Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire 100-114 N. Oak Park Avenue (the “Property”), in the heart of Downtown Oak Park, Illinois. Oak Park is the closest suburb to the City of Chicago, just seven miles from Chicago’s CBD. Oak Park is rated a notable “A+” by Niche.com as well as ranked 3rd in “Best Places to Live in Cook County.”
The iconic two-story building comprises ±28,224 rentable square feet with a full lower level and is situated on ±17,668 square feet of land. The Property offers an impressive ±184 feet of premier frontage along one of Oak Park’s most sought-after commercial corridors and ±96 feet along North Boulevard. Adjacent to the Property is a 6-story parking garage containing 535 parking spaces that is owned by Village of Oak Park.
Situated on the northeast corner of Oak Park Ave and North Blvd, the Property is located directly across from the CTA Oak Park Green Line ‘L’ Station and five blocks from the Metra Rail UP-W Oak Park Station, which both directly connect to Chicago’s CBD.
The Property sits within the thriving commercial corridor of Downtown Oak Park, a vibrant hub that seamlessly combines a dynamic entertainment district with unmatched accessibility to numerous public transit options. This flourishing submarket contains an exceptionally diverse mix of tenants, including food, fashion, grocery, entertainment, education, healthcare, and beyond. Anchored by nationally recognized brands, the area features prominent retailers such as Whole Foods, Target, Fitness Formula Club, Walgreens, Starbucks, DSW, Noodles & Company, Ulta Beauty, and many others.
Within 1-mile, demographics include an average household income of $119,000+, an average home value of $436,000+, and a total population of 39,156.