113-115 N Marion St - Storefront Retail/Office FOR SALE


Oak Park, IL 60301
$2,350,000 USD
630-330-3352
113-115 N Marion St, Oak Park, IL for Sale
$2,350,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 7.4% Cap Rate

113-115 N Marion St
Oak Park, IL 60301


HIGHLIGHTS

  • ±9,737 SF Retail and Office on 0.14 AC
  • Steps to the Metra | Signalized Intersection
  • Heart of downtown Oak Park | Walker's Paradise
  • High visibility | Frontage on N. Marion Street
  • 2 Retail Units | 14 Office Units | 100% Leased
  • Surrounded by diverse retail & dining options | Also available for lease

OVERVIEW

SVN Chicago Commercial is pleased to present this unique Value-Add investment opportunity in the heart of downtown Oak Park. 113-115 N. Marion Street includes 43' of retail frontage on Marion and has 2 Retail Units and 14 Office Suites on the 2nd floor. This location has achieved a Walker's Paradise Walk Score, and with nearby access to I-290, I-294, the Oak Park Metra Station the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area. Also available for lease.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Commercial

APN/PARCEL ID

16-07-125-016-0000

ASK ABOUT THIS PROPERTY

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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