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$550,000

  • For Sale
  • Active
  • Commercial
  • 4,400 Sq. Ft.
  • Updated 2 days ago
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Opportunity abounds at this ideally located property in the Madison Street Business District! If you have an established business, or always wanted to start one, this handsome building features durable brick-and-steel construction, and is ready for its next owner. You could operate multiple businesses from a single location. The first building is office space on the corner Cuyler and Madison and includes office space and two overhead doors that facilitate large vehicle drive-through access and can easily be vehicle storage, a small warehouse, or a work shop. It has an industrial size hood as well. The final building has a six-stall rear garage, that is currently used for storage and perfect for repurposing. With ample parking available for several vehicles both inside and out, this versatile site is primed for success.

Full Property Details for 268 Madison St

General

  • Price: $550,000
  • Taxes: $34,395 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12678301

Interior

  • Interior Features: Heavy Floor Load, Overhead Door(s), Skylight(s)
  • Flooring: Concrete

Additional Information

  • Security/Safety: Fire Extinguisher(s), Other

Location

  • Area: Oak Park
  • County: Cook
  • Township: Oak Park
  • Driving Directions: One block east of Ridgeland on the corner of Madison and Cuyler
  • Location Details: Chicago West, Central Business District, Corner, Mixed-Use Area

Heating & Cooling

  • Cooling Type: Zoned
  • Heating Type: Central Building Heat

Structural Information

  • Construction: Brick, Concrete, Steel Siding
  • Exterior Const.: Brick, Concrete, Steel Siding
  • Foundation: Concrete Perimeter
  • Roof: Reflective Coating
  • Drive-In Doors: 5
  • Sub-Flooring: Concrete
  • Stories/Levels: 1
  • Square Feet: 4,400
  • Current Bldg. Use: Commercial
  • Year Built: 1918
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 6,300
  • Lot Dimensions: 50 x 123
  • Frontage: City Street, Easement
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $10
  • For Sale/Rent/Lease: For Sale or Rent
  • Operating Expenses: $2,400
  • Security Deposit: Fire Extinguisher/s, Other
  • Assessment Year: 1918
  • Tax Amount: $34,395.82
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 16083190180000

Listed by Baird & Warner

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Listing agent

— 268 Madison St —

  • Baird & Warner

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 268 Madison St

School Districts:Oak Park Elementary School District 97, Oak Park and River Forest District 200
NameGradesDistance
Longfellow Elementary School, Oak Park, IL
715 Highland Avenue, Oak Park, IL 60304
PK-50.3 mi
Percy Julian Middle School
416 South Ridgeland Avenue, Oak Park, IL 60302
6-80.1 mi
Oak Park & River Forest High School
201 North Scoville Avenue, Oak Park, IL 60302
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 268 Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$26,488
—
$101,124
24%
2023
$26,488
-4%
$81,250
13%
2022
$27,647
3%
$71,998
—
2021
$26,941
19%
$71,998
16%
2020
$22,591
-22%
$61,885
-18%
2019
$28,878
4%
$75,270
—
2018
$27,795
2%
$75,270
—
2017
$27,186
2%
$75,270
13%
2016
$26,750
12%
$66,463
—
2015
$23,968
8%
$66,463
—
2014
$22,272
—
$66,463
-3%
2013
$22,213
—
$68,256
—
2012
$22,206
—
$68,256
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Baird & Warner

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268 Madison Street, Oak Park, IL 60302 (MLS# 12678301) is a Commercial property. 268 Madison Street is currently listed for $550,000 and was received on June 16, 2026. Want to learn more about 268 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.

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