321-329 Chicago Ave,
Oak Park, IL 60302
$850,000
Price
7,658
Sq. Ft.
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321-329 Chicago Ave, Oak Park, IL 60302

Executive Summary

CRER is offering a multi-tenant retail/commercial building for acquisition at 321-329 Chicago Ave, Oak Park, IL.

Located at the northeast corner of Ridgeland and Chicago Avenues, the property features a 7,658 SF building with 25 parking spaces, built in 1932.

Occupied by four tenants including Domino’s, Jinny’s Cleaners, and Cat Practice, the property provides diverse and stable income.

The building’s high visibility, prime location with foot traffic, and parking convenience make it an attractive investment with value-add potential.


Property Location

Oak Park » 60302 » 321-329 Chicago Ave,

Property Details

Status Active
Listing Type For Sale
Property Type Multi-Retail
Size 7,658 Sq. Ft.
Price $850,000
Cap Rate 8.21 %

Broker Contact

Victor Cornelio

Victor Cornelio

Mobile: (224) 432-4506

Office: (773) 327-9300

Email: VictorC@crer.com

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CRER has been involved in more than 1,700 receiver appointments, with collateral ranging from small residential multi-family buildings to downtown high-rise properties.

CRER has the expertise required to handle a variety of distressed situations including the management, leasing and repositioning of under-performing real estate.

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