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

Oak Park, IL, 60302
$ 1,150,000
Bedrooms-- Baths-- Sq 10,423
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Property for Rent in Oak Park, IL

for $1,150,000. This 10,423 square foot property was built in 1924 on a lot size of 0.286501.

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.

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Rental Active

Price

$ 1,150,000

Taxes

$ 46,375

Style

Lot Size

0.286501

Year Built

1924

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

12611362

Features
General
Cooling Central Air Window Unit(s)
Utilities Electric to Site Natural Gas Available
Zoning COMMR
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 1
Township Oak Park
Property Subtype Other
Tax Year 2024
Gross Income 154800
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 91665
Operating Expense 63135
Insurance Expense 8000
Property Type Commercial Sale Retail/Stores
Status Active
Directions Ridgeland to South Blvd and west to property
City Oak Park
Number Of Units Total 1
MLS Area Oak Park
Lot Size Square Feet 12480
Tax Annual Amount 46375
Electric Expense 0
Fuel Expense 0
Trash Expense 1086
Water Sewer Expense 1756
Additional Parcels Y/N N
Leasable Area 10423
Lease Type Gross
Standard Status Active
Cap Rate 7.97
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Exterior
Building Area Total 10423
Lot Dimensions 207 x 60
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* Excluded Features
List By
George M. Ristau, Jr.

Listing Agent

Elmwood Park - Weichert, Realtors® - All Pro

Broker

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$1,150,000 Listed Price

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433 South Boulevard, Oak Park, IL, 60302 is a Property for Rent at $1,150,000 with 10,423 sqft and a lot size of 0.286501. 433 South Boulevard was built in 1924. The property's zip code is 60302 which is in Oak Park, IL