Harrison St Portfolio Retail FOR SALE


Oak Park, IL
$4,500,000 USD
312-399-4563
, Oak Park, IL for Sale
$4,500,000 USD
Retail - FOR SALE
1/5
null | 7.26% Cap Rate

Harrison St Portfolio
Oak Park, IL


HIGHLIGHTS

  • 100% Leased: Six commercial tenants and three residential tenants across four buildings totaling 14,318 square feet
  • Recent Improvements: Renovations completed between 2018 and 2023, including new roofs, HVAC systems, electrical, and plumbing across all buildings
  • Long-Term Tenant Base: Tenants include users in restaurant, healthcare, education, and real estate sectors with leases extending as far as 2033
  • Transit Location: Walking distance to the CTA Blue Line and multiple bus stops, with strong visibility from the Eisenhower Expressway (157,000 VPD)
  • Prime Cultural Location: Situated in the Oak Park Arts District, home to more than 80 galleries, studios, and local businesses
  • Dense Urban Demographics: Over 300,000 residents within a 3-mile radius

OVERVIEW

Prime Investment Opportunity – Fully Leased Mixed-Use Portfolio in Oak Park Arts District CapRock Realty is pleased to present the Harrison Street Portfolio, a rare opportunity to acquire a fully leased, mixed-use asset in the vibrant Oak Park Arts District. This four-building, 14,318 square foot portfolio consists of six established commercial tenants and three residential units, with a tenant mix that includes Mora's Asian Kitchen, Centre Physical Therapy, Publican Quality Breads, and Kid Create. Strategically located along Harrison Street with exposure to over 157,000 vehicles per day from the Eisenhower Expressway, the properties benefit from high visibility and easy access. Renovations across all buildings—including new roofs, HVAC, electrical, and plumbing—make this a low-maintenance, turnkey investment. The portfolio offers a strong in-place Net Operating Income of $326,617 with a 7.25% cap rate. With a diverse tenant base, long-term leases in place, and proximity to public transit and dense urban demographics, this offering represents a stable and income-generating asset in one of Chicago’s most culturally rich neighborhoods.

ASK ABOUT THIS PROPERTY

Brian GoldmanCapRock Real EstateMore Info
312-399-4563

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Brian GoldmanCapRock Real EstateMore Info
312-399-4563

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