Oak Park, IL 60302,1147 Madison ST
Oak Park, IL 60302,1147 Madison ST
Oak Park, IL 60302,1147 Madison ST
14
$535,000
$595,000
10.1%
Est.Price: ?

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3,798 SqFt

1147 Madison ST Oak Park, IL 60302

Est. payment /mo
SOLD DATE : 02/20/2025

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Key Details

Sold Price $535,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,798 sqft

Price per Sqft $140

MLS Listing ID 12092863

Sold Date 02/20/25

Year Built 1923

Annual Tax Amount $8,061

Tax Year 2022

Lot Dimensions 28X125

Property Sub-Type Mixed Use

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

Area Oak Park

Zoning OTHER

Interior

Cooling Central Air

Flooring Tile

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Roof Type Membrane,Reflective Coating

Building

Level or Stories 2

Structure Type Brick,Concrete

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Midwest Real Estate Data (MRED) IDX
Listed by Daniel Pyne • Pyne Properties, LLC
Bought with Non Member • NON MEMBER

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agent

Valorie Schmidt

Broker Associate | License ID: 44275

+1(847) 624-5368

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