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$ 595,000
Est. payment /mo
Active Under Contract
1147 Madison Street Oak Park, IL 60302
3,798 SqFt
UPDATED:
12/02/2024 09:56 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
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
Lot Dimensions 28X125
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
Zoning OTHER
Interior
Cooling Central Air
Flooring Tile
Fireplace Y
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
View Y/N true
Roof Type Membrane,Reflective Coating
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Daniel Pyne • Pyne Properties, LLC