Oak Park, IL 60301 1109 Lake Street
$827,500
8 more
Presented By: Keller Williams Premiere Properties
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 2,371
Home Details
Single story retail storefront located in Downtown Oak Park. Excellent investment opportunity - tenant pays all expenses including routine HVAC maintenance and building repairs. Long term tenant in place!! The lease expires March 31, 2026. Annual rent is $64,451.16 and is at that rate until the expiration of the lease. Easy access to I-290.
Presented By: Keller Williams Premiere Properties
Interior Features for 1109 Lake Street
Other Interior Features
Street SuffixStreet
General for 1109 Lake Street
Additional Parcels Y/NNo
CityOak Park
CoolingCentral Air
CountyCook
Current UseCommercial
Days on Market7
DirectionsExit N on Harlem Ave from I-290, then turn E on Lake. Property will be on the S side of the street.
ElectricService - 101 to 200 Amps
Leasable Area
Lot Size Square Feet2550
MLS AreaOak Park
Net Operating Income64451
NumberOfUnitsTotal1
Property SubTypeFree Standing Store, Neighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount25628
Tax Year2022
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer
TownshipOak Park
Year Built1957
ZoningCOMMR
Exterior for 1109 Lake Street
Building Area Total2371
Frontage TypeCity Street
Lot Dimensions26X100
Additional Details
Price History
