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$449,000
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Property Description
Exceptional Mixed-Use Investment Opportunity in Prime Oak Park - 97 Harlem Ave Don't miss this rare chance to own a high-performing mixed-use property in the heart of vibrant, walkable Oak Park. Ideally located on high-traffic Harlem Avenue, this well-maintained building offers strong income potential through both commercial and residential components. The ground floor features a flexible retail space, currently operating as a nail salon, ideal for retail, office, or professional services. With excellent street frontage and signage visibility, this space ensures high exposure in a heavily trafficked area. Upstairs, the residential unit includes 2 bedrooms and 1 bathroom, thoughtfully designed for comfort and practicality. The unit benefits from strong rental demand, making it an attractive option for investors or owner-occupants seeking live/work potential. Mixed-use layout: Retail store/salon on the first floor with 2 restrooms and 2-bed, 1-bath apartment above Prime location near public transit, major highways, Aldi market, shopping, and dining. High-exposure commercial storefront with excellent visibility on Harlem Ave Private rear parking and access for convenience Consistent rental income with upside potential Possible tax advantages. Whether you're looking to expand your investment portfolio or establish a live/work setup in one of Oak Park's most desirable corridors, this property delivers location, income, and long-term value. Schedule your private tour today and secure this exceptional opportunity in Oak Park!
Full Property Details
Full Property Details for 97 Harlem Ave
General
- Price: $449,000
- Taxes: $9,780 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12489570
- Updated: 10/12/2025
- Added to Site: 103 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Oak Park
- County: Cook
- Township: Oak Park
- Driving Directions: Harlem to Washington Blvd (Corner)
- Location Details: East/West Corridor, Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Concrete, Brick
- Exterior Const.: Concrete, Brick
- Stories/Levels: 2
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1936
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 1,822
- Lot Dimensions: 69.4 x 50.1 x 69.4 x 50.1
- Zoning: COMMR
Financial Considerations
- Lease Price: $30
- Insurance Fee: $2,379
- Operating Expenses: $11,994
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1936
- Tax Amount: $9,780
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service
Disclosures and Reports
- Property ID: 16073210180000
Listed by RE/MAX Plaza
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Schools
Schools serving 97 Harlem Ave
School Districts:Oak Park and River Forest District 200, Oak Park Elementary School District 97
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln Elementary School, Oak Park, IL 1111 South Grove Avenue, Oak Park, IL 60304 | K-5 | 1 mi |
Gwendolyn Brooks Middle School 325 South Kenilworth Avenue, Oak Park, IL 60302 | 6-8 | 0.4 mi |
Oak Park & River Forest High School 201 North Scoville Avenue, Oak Park, IL 60302 | 9-12 | 1 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 97 Harlem Ave
Date
Details
Price
Change
Source
10/06/2025
Listed
$449,000
89.45%
MLS
11/01/2018
Sold
$237,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 97 Harlem Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,780
-3%
$30,000
14%
2022
$10,114
3%
$26,339
—
2021
$9,856
3%
$26,339
—
2020
$9,615
8%
$26,339
14%
2019
$8,873
4%
$23,127
—
2018
$8,540
2%
$23,127
—
2017
$8,353
13%
$23,127
26%
2016
$7,373
53%
$18,318
37%
2015
$4,810
203%
$13,338
181%
2014
$1,589
-83%
$4,743
-83%
2013
$9,285
—
$28,529
—
2012
$9,282
—
$28,529
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 97 Harlem Ave
97 Harlem Avenue, Oak Park, IL 60302 (MLS# 12489570) is a Commercial property. 97 Harlem Avenue is currently listed for $449,000 and was received on October 06, 2025. Want to learn more about 97 Harlem Avenue? 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.

