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$440,000
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Property Description
Elevate your business presence at 412 Madison Street, a versatile two-story office space that perfectly balances professional focus with collaborative energy. This thoughtfully designed property is engineered for productivity, offering four private offices for deep work and an expansive conference and flex area perfect for brainstorming sessions and client presentations. Plug and Play efficiency: Stay connected with a building already wired for high-speed Ethernet across all workspaces, ensuring your team is ready to hit the ground running. Smart Infrastructure: Enjoy peace of mind with commercial-grade electrical and plumbing systems, updated to modern standards. Professional Amenities: A dedicated kitchenette supports your daily operations, while the lower level provides essential, convenient storage, along with on-site parking. The "Work-Life" Perk: Step outside to your own private garden area-a hidden gem that serves as a serene backdrop for informal meetings or a restorative midday break. A Location That Connects: Situated in the vibrant Oak Park business community, 412 Madison Street puts you at the nexus of convenience and culture. You are minutes away from world-class dining, boutique shopping, and the historic charm of a village known for its architectural significance. Commuting is effortless, whether your team or clients are coming from the Chicago Loop or the suburbs. The property is ideally positioned with easy access to major transportation hubs, including the CTA Green and Blue Lines and the Metra Union Pacific West Line, making this one of the most accessible and connected business addresses in the area.
Full Property Details
Full Property Details for 412 Madison St
General
- Price: $440,000
- Taxes: $14,462 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12707492
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Oak Park
- County: Cook
- Driving Directions: Ridgeland to Madison. West to the property. Property is on the north side of Madison Street
- Location Details: East/West Corridor, Mixed-Use Area, High Traffic Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Hot Water, Radiators
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 2,692
- # of Stores: 2
- Year Built: 1901
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 125 x 25
- Frontage: City Street
- Potential Use: Commercial
- Zoning: OFFIC
Green Features
- Energy Efficient: Water Heater
Financial Considerations
- Insurance Fee: $2,296
- Operating Expenses: $6,800
- Other Fee: $925
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1901
- Tax Amount: $14,462.49
- Tax Year: 2024
- Pays Electric: 1174
Disclosures and Reports
- Property ID: 16074230220000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 412 Madison St
School Districts:Oak Park Elementary School District 97, Oak Park and River Forest District 200
| Name | Grades | Distance |
|---|---|---|
Longfellow Elementary School, Oak Park, IL 715 Highland Avenue, Oak Park, IL 60304 | PK-5 | 0.3 mi |
Percy Julian Middle School 416 South Ridgeland Avenue, Oak Park, IL 60302 | 6-8 | 0.1 mi |
Oak Park & River Forest High School 201 North Scoville Avenue, Oak Park, IL 60302 | 9-12 | 0.7 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
Tax History for 412 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,861
—
$42,520
—
2023
$13,861
-8%
$42,519
8%
2022
$15,140
3%
$39,427
—
2021
$14,753
3%
$39,427
—
2020
$14,393
4%
$39,427
10%
2019
$13,812
4%
$36,000
—
2018
$13,294
2%
$36,000
—
2017
$13,003
-18%
$36,000
-8%
2016
$15,818
12%
$39,302
—
2015
$14,173
8%
$39,302
—
2014
$13,170
3%
$39,302
—
2013
$12,791
—
$39,302
—
2012
$12,786
—
$39,302
—
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 412 Madison St
412 Madison Street, Oak Park, IL 60302 (MLS# 12707492) is a Commercial property. 412 Madison Street is currently listed for $440,000 and was received on July 17, 2026. Want to learn more about 412 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.

