1147 Madison ST Active Save Request In-Person Tour Request Virtual Tour
Oak Park,IL 60302
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,798 sqft
Price per Sqft $156
MLS Listing ID 12092863
Year Built 1923
Annual Tax Amount $8,061
Tax Year 2022
Property Description
Location, location, location! Exceptional, once-in-a-generation (or two) opportunity to acquire and improve a commercial property at the corner of Harlem and Madison avenues in Oak Park. Harlem Ave is one of the most heavily travelled roads in the area, providing access from I-290 (Eisenhower Expressway) to downtown Oak Park, River Forest and Forest Park, the latter of whose border and much improved downtown corridor begins just across the street. A Currency Exchange occupies the ground level on a month to month lease. The second level, currently unoccupied and in need of a gut rehab, possesses enormous income potential for commercial or possibly residential use.
Location
State IL
County Cook
Area Oak Park
Zoning OTHER
Interior
Cooling Central Air
Flooring Tile
Exterior
Utilities Available Electric to Site,Gas to Site,Sanitary Sewer,Water to Site
Roof Type Membrane,Reflective Coating
Building
Dwelling Type Mixed Use
Structure Type Brick,Concrete