Listing provided courtesy of RE/MAX PlazaMREDas Distributed by MLSGrid- MLS# 12489570MLS Provider

97 Harlem AvenueOak Park, IL 60302

Commercial
$449,000 Active

97 Harlem Avenue Overview

Time on Site:
266 days
Visits:
10

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!

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97 Harlem Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: Gross
  • Fuel Expense: 0
  • Gross Income: 54000
  • Gross Scheduled Income: 54000
  • Insurance Expense: 2379
  • Net Operating Income: 0
  • Operating Expense: 11994
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1936

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Oak Park
  • Township: Oak Park

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service

Tax Information

  • Tax Annual Amount: $9,780.00
  • Tax Year: 2023

General Information

  • Parcel Number: 16073210180000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 69.4X50.1X69.4X50.1
  • Lot Size Square Feet: 1822

Building Exterior/Construction

  • Construction Materials: Concrete, Brick

General Information

  • Number Of Units Total: 2

97 Harlem Avenue Neighborhood

Community

60302 (Oak Park) Demographics

42
Median Age
10,484
Population Density (per sq. mile)
75%
College Educated
$91,914
Estimated Median Income
8,030
Estimated Total Home Owners
5,515
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

97 Harlem Avenue Monthly Cost

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$ %
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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

97 Harlem Avenue Market Data

Based on the last 30 days in this zip code

$551,164
Average List Price
$325
Average Price per Square Foot
49
Properties Sold
51
Average Days on Market
109
Properties for Sale
Calculations provided by Reliance Network

97 Harlem Avenue History

Date Event Value Agent
10/11/2025Source: MRED Status Change
Active
10/6/2025Source: MRED Added to Database
October 06, 2025