250 Lake Street, Oak Park, IL 60302 - Photo 1

1/1

$565,000

Sold
Closed
Commercial
6,000 Sq. Ft.

1/1

Property Description

Great 6 unit building needing updates/rehab. 3-2 bedroom, 1 bath, 3-1 bedroom, 1 bath. Full basement. Excellent potential for a rental building. Great location, close to downtown Oak Park. 5 minute walk to CTA (Green), Pete's Market across the street with Ridgeland Common Recreation Complex (ice rink (indoor), pool, baseball & softball field, fitness studio, dog park, etc.) next to it. Parking for 7 cars in the back.

Full Property Details

Full Property Details for 250 Lake St

General

Sold For: $565,000
Taxes: $20,656 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12121261
Added to Site: 574 day(s) ago

Parking

Parking Features: 6 to 12 Spaces

Location

Area: Oak Park
County: Cook
Driving Directions: Ridgeland Ave to Lake Street, east

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Hot Water

Structural Information

Stories/Levels: 3
Square Feet: 6,000
Year Built: 1900
Built Before 1978: Yes

Lot Features

Lot Dimensions: 28 x 162
Zoning: MULTI

Financial Considerations

Operating Expenses: $20,656
Assessment Year: 1900
Tax Amount: $20,656
Tax Year: 2023
Tenant Pays: Electricity

Disclosures and Reports

Property ID: 16081190290000

Listed by Arhome Realty
Sold by Stellar Pref. The Re Clinic

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— 250 Lake St —

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Schools

Schools serving 250 Lake St

School Districts:Oak Park Elementary School District 97, Oak Park and River Forest District 200

Name	Grades	Distance
William Beye Elementary School 230 North Cuyler Avenue, Oak Park, IL 60302	K-5	0.2 mi
Percy Julian Middle School 416 South Ridgeland Avenue, Oak Park, IL 60302	6-8	0.5 mi
Oak Park & River Forest High School 201 North Scoville Avenue, Oak Park, IL 60302	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 250 Lake St

Date

Details

Price

Change

Source

10/16/2024

Sold

$565,000

-5.68%

MLS

7/25/2024

Listed

$599,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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250 Lake Street, Oak Park, IL 60302 (MLS# 12121261) is a Commercial property that was sold at $565,000 on October 16, 2024. Want to learn more about 250 Lake Street? Do you have questions about finding other Commercial real estate for sale in Oak Park? You can browse all Oak Park real estate or contact a Coldwell Banker agent to request more information.

250 Lake St Oak Park, IL 60302