107 Oak Park Ave

Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the single-tenant property located at 107 N Oak Park Avenue (the “Property”), in a robust Village of Oak Park, Illinois.​ Situated on the westside of Oak Park Avenue, between Lake St and North Boulevard, the property is located just steps away from the CTA Oak Park Green Line ‘L’ Station and five blocks from the Metra Rail UP-W Oak Park Station (7,000,000 riders/year), which both directly connect to Chicago’s central business district, roughly 9 miles east of the Property.​

The property is a ±4,437 square foot, single-story retail building situated on  ±14,996 square foot parcel of land, offering an impressive 35 feet of prime frontage along bustling Oak Park Avenue (12,900 VPD).​ Currently vacant, this property represents an exceptional opportunity for tenants seeking a highly visible and strategically located space in one of Oak Park’s most sought-after commercial corridors.​

The property enjoys a strategic position within the thriving commercial corridor of Downtown Oak Park, a vibrant hub that seamlessly combines a dynamic entertainment district with unmatched accessibility to numerous public transit options.​ This flourishing submarket contains an exceptionally diverse mix of tenants, including food, fashion, grocery, entertainment, education, healthcare, and beyond.​ Anchored by nationally recognized brands, the area features prominent retailers such as Whole Foods (2^nd highest sales in the U.​S.​), Target, Fitness Formula Club, Walgreens, Starbucks, DSW, Noodles & Company, Ulta Beauty, and many others.​

Within 1-mile, demographics include an average household income of $119,000+, an average home value of $430,000+, and a total population of 39,088.​

SURROUNDING RETAIL SYNERGY The property enjoys a prime location in the vibrant heart of Oak Park's bustling restaurant and retail district, offering unparalleled proximity to the dynamic Downtown Oak Park and the well-established River Forest Town Center. This sought-after area is anchored by a mix of notable national tenants, including Jewel-Osco, Chase Bank, Cava, Chipotle, and Panera Bread.

OAK PARK IS BOOMING The population of Oak Park continues to grow steadily, fueled by the development of apartment buildings that have brought hundreds of new housing units to the community. This growth is complemented by significant investments in local infrastructure, such as the recent renovations at Rush Oak Park Hospital, which have expanded emergency services and enhanced healthcare offerings. The arrival of national retailers further elevates the area’s appeal, making Oak Park an increasingly promising hub for residents, businesses, and investors alike.

SURROUNDING ATTRACTIONS Oak Park is a vibrant community immersed in history, drawing thousands of visitors each year to its iconic landmarks, including the Frank Lloyd Wright Home and Studio and the Ernest Hemingway Birthplace Museum, both being within walking distance of the Property. The property benefits from its strategic location of being within half a mile of two prominent high schools, whose students, faculty, and families contribute to the dynamic foot traffic that energizes the area.

PROXIMITY TO TRANSIT The Property is conveniently located steps from CTA “L” Oak Park Green Line Station, which sees over 5,300,000 annual riders. The Property has walkability to multiple PACE bus routes including #309, #311, #313. The Property is only ½-mile east of the Metra Rail UP-W Station @ Oak Park, which serves over 7,000,000 riders annually. Accessibility to Downtown Chicago as well as the west suburbs is made easy via expressway I-290, just 1-mile south of the property.

SUPERIOR DEMOGRAPHICS Within 1 mile, the average household income is $119,351 and the median home value is $430,000+. A total population of 39,088 live within 1-mile.