Investment Overview

Marcus & Millichap is pleased to present 900-910 South Oak Park Avenue in Oak Park, Illinois. Oak Park is approximately 10 miles from Chicago’s downtown Loop and is one of the most sought-after suburbs for homeowners and renters. Oak Park’s unique mix of diversity, community, world-famous architecture, upscale neighborhoods and commerce make it an ideal location to own rental property. Tenants at the property are able to conveniently commute as the property is located within one block of the CTA Blue Line Oak Park station. Additionally, the property is adjacent to Interstate 290. 900-910 South Oak Park Avenue is a mixed-use building consisting of three one-bedroom / one-bathroom units (approximately 941 to 1,182 square feet) three two-bedroom / one-bathroom units (approximately 961 to 1,508 square feet), one unfinished unit that has potential to be a two or three-bedroom unit (approximately 1,050 square feet), seven retail suites and one office space. Each unit is sub-metered for water billing to tenants and four of the apartment units have individual HVAC units. Capital improvements include new gutters throughout the property. Retail tenants include a barber, a sign and graphics retailer, a bakery, a property management office, a nail spa, and a laundromat. This investment is an opportunity for a new investor to acquire a corner mixed-use property in an strong Oak Park location.