149 Harrison Street $495,000


    149 Harrison Street Oak Park, IL 60304

    • Commercial
    • MLS# 11483759
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    Views: 90 Days On Site: 62

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    Description Tours Videos

    Location! Location! Location! Fabulous building in the heart of the Oak Park Harrison Arts District! Amazing opportunity to own your own store-front space, currently an Art Gallery (approx. 1700 sqft) run by the owner of the building for the last 27 years and 2 income producing 2nd floor rental units; both are 2 bedrooms/1 bathroom (approx. 850 and 950 sqft.) High visibility, on the corner of Harrison and Lombard among well-established restaurants and shops. Located 1 block from the Blue Line train and just a few blocks from highway access. First floor currently does not take in rent. Huge potential to increase the worth in performance. Recent comparable properties have rented for $20 per square foot, increasing the Annual Gross Income by $28,000, with a Gross Rent Multiplier of 8.4.

    • General Features
      • Additional Parcels Y/N No
      • Area Oak Park
      • County Or Parish Cook
      • Electric Expense 2200
      • Fuel Expense 2100
      • Gross Income 30960
      • Gross Scheduled Income 30960
      • Number Of Units Total 3
      • Operating Expense 30000
      • Operating Expense1 1200
      • Property Sub Type Apts/Stores
      • Tax Annual Amount 13371
      • Tax Year 2020
      • Total Actual Rent 0
      • Township Oak Park
      • Year Built 1913
    • Building Features
      • Building Area Total 4176
      • Cooling Wall Sleeve, Window Unit(s)
      • Electric Circuit Breakers, Separate Meters
      • Stories 2
    • Property Features
      • Lot Size Dimensions 30X72
      • Lot Size Square Feet 4176
      • Parcel Number 16173040010000
      • Parking Total 0


    Meg Kryger

    Meg Kryger

    Sales Associate

    Oak Park

    Primary: 708-310-2779
    Kris McCartney

    Kris McCartney

    Sales Associate

    Oak Park

    Primary: 708-369-5929


    60304 (Oak Park) Demographics

    39 Median Age
    11,445 Population Density (per sq. mile)
    76% College Educated
    $123,090 Estimated Median Income
    4,678 Estimated Total Home Owners
    1,593 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    17,536 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $320,000 Median Sales Price
    17 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $495,000
        9/14/2022 11:45:44 AM Status Changed Source: Multiple Listing Service New Value: Pending
        8/17/2022 8:47:20 AM Status Changed Source: Multiple Listing Service New Value: Contingent
        8/10/2022 12:18:04 AM Status Changed Source: Multiple Listing Service New Value: Active
        8/4/2022 3:18:00 PM New in Database Source: Multiple Listing Service New Value: $495,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.