818 North Blvd - Restaurant FOR SALE


Oak Park, IL 60301
$825,000 USD
708-217-5004
818 North Blvd, Oak Park, IL for Sale
$825,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

818 North Blvd
Oak Park, IL 60301


OVERVIEW

Commercial retail building in downtown Oak Park, Illinois, at 818 North Boulevard. Historic charm meets modern convenience - a great commercial opportunity in the heart of downtown Oak Park. This exceptional retail building, steeped in history and boasting a prime location at 818 North Boulevard, presents an exceptional chance to establish or expand your business amidst a vibrant urban landscape. Property highlights: year built: 1892; zoning: DT-2, Downtown District; architecture: 1-story and partial 2-story masonry commercial building; land size: 5,819 sq.ft.; total gross building area: 7,135 sq.ft. Features and amenities: central HVAC - climate control for optimal comfort; alarm system in place; convenient rear access via a garage door and standard entry door; a non-enclosed elevator "lift" at the rear (NE corner) provides easy access to the second floor; additionally, there are stairs to the second floor at the rear (east side) and halfway back on the east side of the building; bathrooms - first floor features two bathrooms (one ADA compliant) for customer and staff convenience; flooring - the first floor includes relatively new maple flooring in the front section, with polished concrete floors throughout the rest; walls - front half has newer drywall (with brick walls behind) and the rear half includes brick walls and high ceilings. The second floor consists of a large open space with concrete floors, upper windows and three separate smaller spaces, suitable for storage, office use, or utility needs, including a spacious utility room with a sink. Parking: ample parking options include the Village of Oak Park parking lot on the 800 block of North Blvd., the Village of Oak Park parking garage just east of Oak Park Ave., and individual parking spots along North Blvd. Proximity to public transportation: located near the Metra Oak Park station and steps from the CTA green line Oak Park station, making commuting and accessibility a breeze. Surroundings: building is less than one block west of Oak Park Ave. and one block south of Lake St., and is seamlessly integrated into the bustling downtown Oak Park scene, surrounded by restaurants/bars, retail stores, a library, post office, UPS store, movie theater, and more. Don't miss this exceptional chance to become part of the thriving Oak Park business community. With a perfect blend of historic character and modern amenities, this commercial retail building at 818 North Boulevard is ready to go for gallery, office, etc. use as well as offering a great canvas for other entrepreneurial endeavors. Don't miss this opportunity - schedule a showing today.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1892

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,044 SF

ZONING

DT-2

APN/PARCEL ID

16-07-129-027-0000

ASK ABOUT THIS PROPERTY

Frank Paganis, CCIMColdwell Banker Commercial - The Real Estate GroupMore Info
708-217-5004

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Frank Paganis, CCIMColdwell Banker Commercial - The Real Estate GroupMore Info
708-217-5004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.