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26 Madison Street, Oak Park, IL 60302
$565,000
26 Madison Street, Oak Park, IL 60302View this property at 26 Madison Street, Oak Park, IL 60302
26 Madison StreetOak ParkIL60302
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Property Description
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.
Full Property Details
Full Property Details for 26 Madison St
General
- Price: $565,000
- Taxes: $12,193 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11847827
- Updated: 12/26/2023
- Added to Site: 271 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Oak Park
- County: Cook
- Driving Directions: East or West on Madison Street to Property
- Location Details: East/West Corridor
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1920
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 3125
- Zoning: COMMR
Financial Considerations
- Lease Price: $26
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1920
- Tax Amount: $12,193.1
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 16083230170000
Listed by Millennium Properties RE, Inc.
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Schools
Schools serving 26 Madison St
School Districts:Oak Park Elementary School District 97, Oak Park - River Forest School District 200
Rating | Name | Grades | Distance |
---|---|---|---|
715 Highland Ave, Oak Park, IL 60304 | PK-5 | 0.5 mi | |
416 S Ridgeland Ave, Oak Park, IL 60302 | 6-8 | 0.4 mi | |
201 N Scoville Ave, Oak Park, IL 60302 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 26 Madison St
Date
Details
Price
Change
Source
8/01/2023
Listed
$565,000
44.87%
MLS
6/01/2006
Sold
$390,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 26 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$12,513
3%
$32,585
—
2021
$12,193
463%
$32,585
450%
2020
$2,164
-83%
$5,929
-82%
2019
$12,572
4%
$32,769
—
2018
$12,101
2%
$32,769
—
2017
$11,836
4%
$32,769
16%
2016
$11,391
12%
$28,301
—
2015
$10,206
8%
$28,301
—
2014
$9,484
-5%
$28,301
-8%
2013
$9,979
—
$30,664
—
2012
$9,976
—
$30,664
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 26 Madison St
26 Madison Street, Oak Park, IL 60302 (MLS# 11847827) is a Commercial property. 26 Madison Street is currently listed for $565,000 and was received on August 01, 2023. Want to learn more about 26 Madison Street? Do you have questions about finding other Commercial real estate for sale in Oak Park? You can browse all Oak Park real estate or contact a Coldwell Banker agent to request more information.