26 Madison St - Storefront Retail/Residential FOR SALE


Oak Park, IL 60302
$525,000 USD
312-338-3003
26 Madison St, Oak Park, IL for Sale
$525,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | Request Cap Rate

26 Madison St
Oak Park, IL 60302


OVERVIEW

Available for sale or lease is a 4,350 square foot two-story mixed use building in Oak Park. This property is situated in a highly visible location on Madison Street. The ground floor space is completely renovated with new flooring, lighting, ADA-accessible washroom and new glass. This space is perfect for a wide variety of retail uses or physical therapy, gym or spa, service business and more. The 1 bedroom, 1 bath apartment upstairs is completely renovated from floor beams to ceiling, including all new appliances, new HVAC duct work, skylight, plumbing and a new tankless water heater. Great live/work opportunity. Signage on the facade adds to visibility on busy Madison Street. The property is minutes away from I-290 expressway and is walking distance to public transportation. The location benefits from a high volume of daily vehicular and foot traffic. With its proximity to Chicago, Oak Park has many of the conveniences of both city and suburban life. The village is served by both the Blue and Green “L” lines as well as several Metra Rail stops and the Eisenhower Expressway. Seller willing to consider owner financing offers.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

MS

APN/PARCEL ID

16-08-323-017-0000

ASK ABOUT THIS PROPERTY

Daniel HymanMillennium Properties R/E, Inc.More Info
312-338-3003

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Daniel HymanMillennium Properties R/E, Inc.More Info
312-338-3003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.