Oak Park, IL 60302 433 South Boulevard
$1,150,000



12 more












Presented By: Weichert, Realtors - All Pro
Home Details
Exceptional opportunity to own a fully leased multi-tenant commercial property in a prime South Blvd location in Oak Park. Just steps from the Ridgeland "L" Station this corner location provides abundant street parking, great visibility, and accessibility. The current configuration has six storefronts with each tenant paying for its own separate utilities for gas and electric. Past usage has permitted as many as eleven (11) storefronts. The current mix includes a Tai Chi Center (2 spaces/seller) Contractor (1 space), Fine Hair Design (1 space), Yoga Studio (2 spaces), gymnasium (2 spaces), and an Art Studio (3 spaces). The property's long time owner/occupant would like to negotiate an extension of its current tenancy. All tenancies are on a month to month basis. The assessor records indicates a total site of 12,480 sq. ft. and an existing building square footage of 10,423 sq. ft.. Oak Park zoning is "neighborhood storefront". This location on South Blvd is an easily accessible and convenient location to the Green Line "L" station, 290 expressway, Ridgeland Commons, and abundant Oak Park amenities.
Presented By: Weichert, Realtors - All Pro
General for 433 South Boulevard
Additional Parcels Y/NNo
Assoc Fee Paid PerNot Applicable
Cap Rate7.97
CityOak Park
Construction MaterialsBrick
CoolingCentral Air, Window Unit(s)
CountyCook
DirectionsRidgeland to South Blvd and west to property
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income154800
Insurance Expense8000
Leasable Area10423
Lease TypeGross
Lot Size Square Feet12480
MLS AreaOak Park
Net Operating Income91665
Number Of Units Total1
Operating Expense63135
Property SubtypeOther
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount46375
Tax Year2024
Tenant PaysElectricity, Heat
TownshipOak Park
Trash Expense1086
UtilitiesElectric to Site, Natural Gas Available
Water Sewer Expense1756
Year Built1924
ZoningCOMMR
Exterior for 433 South Boulevard
Building Area Total10423
Lot Dimensions207 x 60
Additional Details
Price History

SQFT • 10,423