26 Madison StOak Park, IL 60302

For Lease
$24/SF/YR

Prime retail space, live/work potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4,350-square-foot mixed-use building in Oak Park, Illinois, presents a unique investment opportunity. Located at 26 Madison St, 60302, this two-story property boasts a completely renovated ground floor, ideal for a variety of retail uses. Features include new flooring, lighting, an ADA-accessible washroom, and new glass storefront. The upper level offers a fully renovated one-bedroom, one-bathroom apartment, complete with new appliances, HVAC ductwork, skylight, plumbing, and a tankless water heater – perfect for live/work scenarios. The building sits on a 3,125-square-foot lot and benefits from high visibility on Madison Street, enhanced by prominent signage. Its prime location offers easy access to I-290, public transportation (including the "L" and Metra), and enjoys high vehicular and foot traffic. The 200-amp electrical service ensures ample power. The property is zoned MS - Madison Street Zoning District. This location combines the conveniences of both city and suburban life, with proximity to Chicago. The seller is open to considering owner financing proposals. This is a rare opportunity to acquire a fully renovated, high-visibility property in a thriving Oak Park location. The building was renovated in 2021.

Highlights

  • 4,350 SF mixed-use building, completely renovated in 2021.
  • 2,175 SF of first-floor retail/office space.
  • One-bedroom, one-bathroom apartment on the second floor.
  • New HVAC and ductwork installed in 2022.
  • 200-amp electrical service, new plumbing, water heater, and lighting.
  • Excellent location in Oak Park, IL, with high visibility on Madison Street.

Property Details for 26 Madison St

Property type
Other retail properties, Other mixed-use properties
RSF (Rentable sq. ft)
4,350 SF
Year Renovated
2021
Stories
2

Unit(s) available at that property

Space
Available Space
Size
4,350 SF
Rate per SF
$24

Location Insight

City
Oak Park
County
Cook
State
Illinois
Latitude
41.8804105
Longitude
-87.7759297
26 Madison St, Oak Park, Illinois

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26 Madison St
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