Essex Realty Group, Inc. is pleased to announce the sale of 101 S. Oak Park Ave. The Property operates as one asset but was built as two consecutive buildings located on the corner of South Boulevard and Oak Park Avenue in the historic Chicago suburb of Oak Park, IL. The buildings are comprised of approximately 7,842 of rentable square footage currently divided into 12 units.
101 S. Oak Park Ave. is situated on approximately 7,000 SF of land on a premier Oak Park corner. The properties are conveniently located just steps from Oak Park Green Line CTA station and 0.2 miles from the Oak Park UP-W Metra station, servicing both the western suburbs and downtown Chicago. The commercial spaces are in high demand by Oak Park residents and business owners looking for small to mid-size office space in a vibrant and easy to access community.
101 S. Oak Park Ave. provides an exceptional return for such a well-located and stabilized property. The forecasted total return is approximately 17.4% in the first year.
- Two Consecutive Retail/Office Buildings Located on Premier Hard Corner in Oak Park, IL
- Steps from Oak Park Green Line CTA Station and 0.2 miles from Oak Park UP-W Metra Station
- Approximately 7,842 of Rentable Square Footage Currently Divided into 12 Units