222 Lake St - Flex FOR SALE


Oak Park, IL 60302
$696,000 USD
312-566-3811
222 Lake St, Oak Park, IL for Sale
$696,000 USD
Flex - FOR SALE
1/13
null | Request Cap Rate

222 Lake St
Oak Park, IL 60302


HIGHLIGHTS

  • Rare, right-sized owner / occupier property for light manufacturing, retail or special use; for sale or lease
  • Walking distance to Green Line, retail and recreation
  • Prime suburban infill location 10 minutes from Downtown Chicago

OVERVIEW

222 Lake Street is a fine owner / occupier or investment property located on busy Lake Street in historic Oak Park, 10 minutes from Downtown Chicago. The industrial /retail/flex building is walking distance from the Ridgeland Green Line station and just north of I-290 via the Central Avenue interchange. 222 Lake features a dramatic 13' bow truss ceiling in the office area, and 973 SF of accessible mezzanine (not included in the area calculation) ideal for live / work or bonus office or storage space. The clean, modern warehouse has a 16' clear height ceiling and is serviced by a full-height, grade-level roll up door and a 36" loading platform. The building has bright warehouse lighting, sealed skylights and more than 800 AMPS of 480 V, 3-phase power. 222 Lake is surrounded by upscale single-family homes, luxury apartments, public parks and recreation, national and local retailers and economic and social drivers such as Rush Oak Park Hospital, the Village of Oak Park and renowned Oak Park - River Forest High School.

FOR SALE DETAILS

PRICE

$696,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Lighting - Halide, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19

LAND SF

8,276

ZONING

NC - Oak Park

APN/PARCEL ID

16-08-120-027-0000

ASK ABOUT THIS PROPERTY

Semanta BeleteKWILL AdvisorsMore Info
312-566-3811

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Semanta BeleteKWILL AdvisorsMore Info
312-566-3811

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