630-954-7447
1040-1044 Lake St, Oak Park, IL for Sale
Storefront Retail/Office - FOR SALE
1/44
null | Request Cap Rate

1040-1044 Lake St
Oak Park, IL 60301


HIGHLIGHTS

  • Prime two-story retail building in Downtown Oak Park with ±10,033 SF available.
  • Exceptional visibility and foot traffic at a major intersection with 49,500 VPD.
  • Surrounded by top national retailers including Whole Foods, Trader Joe’s, and Target.
  • Strong demographics with household incomes exceeding $150,000 within one mile.
  • Convenient access to CTA Green Line, Metra UP-West Line, and public parking.
  • Black iron capability ideal for restaurant users.

OVERVIEW

1044 Lake Street presents a rare investment opportunity in the heart of Downtown Oak Park, one of Chicago’s most vibrant and affluent suburban markets. This two-story property offers approximately 10,033 SF of prime retail space with exceptional street presence and outstanding foot traffic. Located at the northeast corner of Lake Street and N Marion Street, the property sits at a high-profile intersection near Harlem Avenue, which sees over 49,500 vehicles per day. The property benefits from strong market fundamentals, including an average household income exceeding $150,000 within a one-mile radius and a dense population base of over 285,000 within three miles. Its proximity to major transportation options, including the CTA Green Line “L” station and Metra UP-West Line, ensures consistent commuter and visitor traffic, with combined ridership surpassing 1.4 million annually. Surrounded by a dynamic mix of national retailers, restaurants, and entertainment venues such as Whole Foods, Trader Joe’s, Target, Sephora, and Lou Malnati’s, this location offers unparalleled visibility and synergy. The building includes black iron capability, making it ideal for restaurant operators, and is steps from a primary public parking garage. This asset provides investors with a unique chance to acquire a property in a thriving urban-suburban environment with strong long-term growth potential.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

B-2

APN/PARCEL ID

16-07-120-059-0000

ASK ABOUT THIS PROPERTY

Westin KaneMid-America Real Estate Corp.More Info
630-954-7447

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Westin KaneMid-America Real Estate Corp.More Info
630-954-7447

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.