UNDER CONTRACT – MULTI-FAMILY
101 S. Oak Park Ave. Oak Park, IL 60302
PRICE
Call for details
NUMBER OF UNITS
12
PROPERTY LISTED

Essex Realty Group, Inc. is pleased to exclusively offer for sale 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. presents the opportunity to acquire a centrally located commercial property for investment or as a user owner.

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.

Listed for sale at a 9.46% CAP rate, 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.

LOCATION DETAILS

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HIGHLIGHTS
  • 9.46% CAP rate
  • 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
LISTING BROKER
Kate Varde
Principal
773.305.4908