246 Chicago Avenue Oak Park, IL $ 525,000
246 Chicago Avenue
$ 525,000
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246 Chicago Avenue

Oak Park, IL, 60302
$ 525,000
Baths0.0 Sq 5,075

Monthly Estimate*

$ 3,489

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Studio

Commercial Property for sale in Oak Park, IL

for $525,000. This 5,075 square foot building was built in 1919 on a lot size of 0.137741.

FP Commercial is pleased to represent 246-248 Chicago, Oak Park, Illinois. Oak Park Commercial Investment Opportunity. A vibrant commercial retail corridor in this desired west suburban community is an existing retail property containing 5,075 square feet of gross leasable area. The improvements were constructed in 1919 and perfect for owner/users and investors. The site area is 0.14 acres or 6,000 square feet. The space has several wonderful skylights, unique kitchen infrastructure and a wonderful cozy outdoor space. Currently combined, this can easily transform into two 2500 SF Storefront Retail/Office or multi-tenant building for acquisition. Located on the north side of Chicago Avenue, the property features several easily available public outdoor parking spaces. Corridor Co-Tenants include 7-Eleven community convenience store, Pediatric Medical Offices and Chop Shop Restaurant which add to the building's high visibility, high vehicle traffic and tremendous foot traffic. 246 Chicago, Oak Park is an Attractive investment with value-add potential.

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Commercial Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 35,286

Style

Commercial

Lot Size

0.137741

Year Built

1919

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

11967400

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1919
Electric Circuit Breakers
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Repairs
Stories 1
Tax Year 2022
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions On Chicago Avenue to 246 in Oak Park
City Oak Park
MLS Area Oak Park
Lot Size Square Feet 6000
Street Name Chicago
Tax Annual Amount 35286
Additional Parcels Y/N N
Leasable Area 5075
Days on Market 7
Standard Status Active
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Exterior
Building Area Total 5075
Lot Dimensions 150 X 40
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Finders Plus Real Estate

Broker

lauren@findersplus.com;laurenlowery@sbcglobal.net

Email

Affordability Calculator

$6,430
Per Month
54%
46%
0%
Monthly Principal & Interest
$3,489
Monthly Property Taxes
$2,941
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/25/2024$525,000 Listed Price

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246 Chicago Avenue, Oak Park, IL, 60302 is a Commercial Property for sale at $525,000 with 5,075 sqft and a lot size of 0.137741. 246 Chicago Avenue is a studio with 0.0 baths and was built in 1919. The property's zip code is 60302 which is in Oak Park, IL