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260-266 Lake Street

Oak Park, IL 60302
  • $925,000
  • STATUS: Active Under Contract
  • ON SITE: 167 Days
  • MLS #: 11808608
Under Contract
UPDATED: 98 min ago
$925,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

This two story mixed-use building on heavily trafficked Lake St. and Cuyler Ave. in Oak Park offers everything one could possibly need. On the ground floor, you'll find 1238 sf of daycare space with a 4,214 SF office/warehouse/garages with two drive in doors and seven outdoor spaces for parking, as well as four parking spaces inside. Upstairs you'll find four freshly updated apartments, one of which is a studio and two 1-bedroom apartments, and a massive 4 bedroom apartment. All of the apartments are fully leased. The building is extremely well maintained and has had many upgrades to its systems. It's only one block from the Ridgeland Station Green Line "L" and grants access to a number of neighboring businesses within a few blocks, such as Pete's Fresh Market Grocery Store, Oak Park Tennis & Fitness Centre, School of Rock, Firestone, and Ridgeland Commons Park District Complex complete with a pool, an ice rink, and playgrounds and baseball/soccer fields. Very specific days/times for showings due to tenants.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-11-30T00:00:12.983 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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260-266 Lake Street Oak Park, IL 60302

  • Price: $925,000
  • Status: Active Under Contract
  • On Site: 167 Days
  • Updated: 98 min ago
  • MLS #: 11808608
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
Oak Park
County:
Cook
Area:
Oak Park
Property Description
This two story mixed-use building on heavily trafficked Lake St. and Cuyler Ave. in Oak Park offers everything one could possibly need. On the ground floor, you'll find 1238 sf of daycare space with a 4,214 SF office/warehouse/garages with two drive in doors and seven outdoor spaces for parking, as well as four parking spaces inside. Upstairs you'll find four freshly updated apartments, one of which is a studio and two 1-bedroom apartments, and a massive 4 bedroom apartment. All of the apartments are fully leased. The building is extremely well maintained and has had many upgrades to its systems. It's only one block from the Ridgeland Station Green Line "L" and grants access to a number of neighboring businesses within a few blocks, such as Pete's Fresh Market Grocery Store, Oak Park Tennis & Fitness Centre, School of Rock, Firestone, and Ridgeland Commons Park District Complex complete with a pool, an ice rink, and playgrounds and baseball/soccer fields. Very specific days/times for showings due to tenants.
Exterior Features

Exterior Building Type Brick Frontage Type City Street Outdoor Parking 6-12 Spaces Parking Total 11 Roof Membrane

Interior Features

Cooling Central Air Heat Ventilation Other Number Of Dryers 2 Number Of Washers 2

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 10220 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Current Use Commercial Electric Circuit Breakers Fire Protection Sprinklers Geographic Locale Southwest Suburban Gross Income 114705 Gross Scheduled Income 114705 Insurance Expense 3061 Location Central Business DistrictCornerMixed Use AreaHigh Traffic Area Mls Actual Status Contingent Number Of Tenants 6 Ownership Types Limited Liability Corp Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 24498 Tax Year 2021 Tenant Pays Electricity Total Monthly Income 9558 Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Christie's International Real Estate: 773-235-0300.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-11-30T00:00:12.983 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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