26 Madison Street Oak Park, IL $ 565,000
26 Madison Street
$ 565,000
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26 Madison Street

Oak Park, IL, 60302
$ 565,000
Baths0.0

Monthly Estimate*

$ 3,947

26 Madison Street, Oak Park, IL 60302 - Image 1
26 Madison Street, Oak Park, IL 60302 - Image 2
26 Madison Street, Oak Park, IL 60302 - Image 3
26 Madison Street, Oak Park, IL 60302 - Image 4
26 Madison Street, Oak Park, IL 60302 - Image 5
Studio

Commercial Property for sale in Oak Park, IL

for $565,000. This building was built in 1920 on a lot size of 0.07174.

Large beautiful ground floor space, 2464 SF of completely renovated space with new flooring, lighting, ceiling, new ADA accessible washroom, new electrical service and new storefront glass. Great signage space on the front of the unit. Highly visible location with 19100 cars passing daily. Minutes from I-290 expressway, walking distance to the CTA Blue Line and Green Line, steps from major bus lines. Ample on street parking. Rear access via double doors for easy deliveries. Join new and longstanding area businesses like US Bank, Laury's Bakery, Dream Town Shoes, The Oak Park River Forest IWS Children's Clinic - a new 14,000 SF medical center for local families. Newly constructed apartments across the street join longstanding homes in this solid neighborhood. Located steps from our municipal services including Oak Park Village Hall, Oak Park Park District headquarters, District 97 headquarters and Oak Park Police Department headquarters. Ideal for a wide variety of office, service or retail use: physical therapy, physical fitness, service and repair businesses, instruction or classroom space, and more. Seller willing to consider owner financing offers.

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Commercial Active

Price

$ 565,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,193

Style

Lot Size

0.07174

Year Built

1920

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

11847312

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1920
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories 2
Property SubType Mixed Use
Tax Year 2021
Gross Income 0
County Cook
Net Operating Income 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions East or West on Madison Street to Property
City Oak Park
Total Units 2
MLS Area Oak Park
Lot Size Square Feet 3125
Street Name Madison
Tax Annual Amount 12193.1
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 116
Lease Type Modified Gross
Standard Status Active
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Exterior
Lot Dimensions 3125
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Interior
Street Suffix Street
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* Excluded Features
List By
Millennium Properties Re, Inc.

Broker

dhyman@mpirealestate.com

Email

Affordability Calculator

$4,963
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,947
Monthly Property Taxes
$1,016
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/26/2023$565,000 Listed Price

Map


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26 Madison Street, Oak Park, IL, 60302 is a Commercial Property for sale at $565,000 with a lot size of 0.07174. 26 Madison Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 60302 which is in Oak Park, IL