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48 Lake Street, Oak Park, IL 60302
$378,000
48 Lake Street, Oak Park, IL 60302View this property at 48 Lake Street, Oak Park, IL 60302
48 Lake StreetOak ParkIL60302
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Property Description
Solid commercial building completely gut-renovated in 2009/2010 with SUPER LOW TAXES! Owners made top-quality decisions with everything they did. Almost nothing is original--new roof, windows, flooring, plumbing, electric, etc....(agent can provide full list) This owner occupied building is currently being used as an Aikido Dojo, but can accommodate many uses. Approximately 1,800 square feet above grade and a fully finished basement adding an additional 500 sq. ft. The exterior of the building has a beautiful deck and pergola that is fenced in, PLUS a huge parking lot that can accommodate at least 6 cars and up to 12. Building is classified as "mom & pop' so taxes are low. Living space in the building can allow for a work/live occupant. Building is located in a thriving business district with Park District Gymnastics Center and very popular One Lake Brewing Company. The building is also directly across from beautiful Stevenson Park. Street was also just fully repaved and landscaped.
Full Property Details
Full Property Details for 48 Lake St
General
- Sold For: $378,000
- Taxes: $5,779 (2019)
- Status: Closed
- Type: Commercial
- MLS ID: 10850990
- Added to Site: 1, 324 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Total Spaces: 6
- Parking Features: 6 to 12 Spaces
Location
- Area: Oak Park
- County: Cook
- Driving Directions: On Lake St., 4 1/2 blocks East of Ridgeland
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Forced Air
Structural Information
- Foundation: Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 1
- Square Feet: 2,396
- Current Bldg. Use: Commercial
- Year Built: 1950
Unit Information
- Unit Location: 90684
Lot Features
- Lot Size (Sq. Ft.): 4,348
- Lot Dimensions: 26.69 x 162.99 x 26.64 x 163.87
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $5,779
- Tax Year: 2019
Disclosures and Reports
- Property ID: 16081220310000
Listed by Gullo & Associates
Sold by Gullo & Associates
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Schools
Schools serving 48 Lake St
School Districts:Oak Park Elementary School District 97, Oak Park - River Forest School District 200
Rating | Name | Grades | Distance |
---|---|---|---|
230 N Cuyler Ave, Oak Park, IL 60302 | K-5 | 0.3 mi | |
416 S Ridgeland Ave, Oak Park, IL 60302 | 6-8 | 0.6 mi | |
201 N Scoville Ave, Oak Park, IL 60302 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 Lake St
Date
Details
Price
Change
Source
5/17/2021
Sold
$378,000
-1.79%
MLS
3/01/2021
Price Reduced
$384,900
-1.28%
MLS
12/03/2020
Price Reduced
$389,900
-2.53%
MLS
9/09/2020
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
48 Lake Street, Oak Park, IL 60302 (MLS# 10850990) is a Commercial property that was sold at $378,000 on May 17, 2021. Want to learn more about 48 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.