108 Madison Street Oak Park, IL $ 369,900
108 Madison Street
$ 369,900
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108 Madison Street

Oak Park, IL, 60302
$ 369,900
Baths0.0

Monthly Estimate*

$ 2,458

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Studio

Commercial Property for sale in Oak Park, IL

for $369,900. This building was built in 1920 on a lot size of 0.07174.

This stunning mixed-use property offers a prime opportunity for investors or entrepreneurs seeking a lucrative venture in the heart of Oak Park. Situated on one of the most renowned streets in the area, this property boasts unparalleled visibility and constant foot traffic, making it an ideal location for businesses seeking maximum exposure. The ground floor features a spacious commercial unit, perfectly suited for retail, office space, or a thriving local enterprise. With expansive windows that flood the space with natural light and draw in passersby, this unit offers endless possibilities for a vibrant business operation. Upstairs, you'll find a versatile space that can easily be transformed back into a charming apartment. Whether you're looking to capitalize on the demand for residential rentals or create your own urban oasis, this upper unit provides a blank canvas for your creative vision. With its strategic location and bustling surroundings, this property presents a rare opportunity to establish a presence in one of Oak Park's most coveted neighborhoods. Don't miss your chance to make your mark on this dynamic community and unlock the full potential of 108 Madison Street!

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Commercial Active

Price

$ 369,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 28,686

Style

Lot Size

0.07174

Year Built

1920

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

12051999

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Year Built 1920
Electric Other
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service
Stories 2
Township Oak Park
Property SubType Apts/Ofc/Store Apts/Ofc
Tax Year 2022
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office and Research Retail
Status Active
Directions East or West on Madison St to Property
City Oak Park
Total Units 2
MLS Area Oak Park
Lot Size Square Feet 3125
Street Name Madison
Tax Annual Amount 28686
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 7
Lease Type N/A
Standard Status Active
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Interior
Flooring Tile Vinyl
Total Fireplaces 0
Street Suffix Street
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Exterior
Lot Dimensions 25 X 125
Frontage Type City Street Public Road
Exterior Brick
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* Excluded Features
List By
Realty Of Chicago Llc

Broker

eddie@realtyofchicago.com

Email

Affordability Calculator

$4,849
Per Month
51%
49%
0%
Monthly Principal & Interest
$2,458
Monthly Property Taxes
$2,391
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$369,900 Listed Price

Map


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108 Madison Street, Oak Park, IL, 60302 is a Commercial Property for sale at $369,900 with a lot size of 0.07174. 108 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