OPEDC serves developers, property owners and businesses seeking sites, financing or other assistance in the development, sale, purchase, lease or rehab of commercial property within Oak Park, Illinois. Established in 1974 by area banks and businesses and reconstituted in 2014, the Oak Park Economic Development Corporation (OPEDC) is one of the Chicago area’s most successful community economic redevelopment agencies. OPEDC is a private, not-for-profit corporation.