Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12678301
Images
Request Info268 Madison StreetOak Park, IL 60302
Commercial · 4,400 Sq. ft.$550,000
Active
268 Madison Street Overview
- Time on Site:
- 13 days
- Visits:
- 0
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.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
268 Madison Street Facts & Features
- Type Commercial
- Sq. ft. 4,400
- Price/Sq.ft. $125
Details
General
Income/Expenses
- Existing Lease Type: N/A
- Gross Income: 3500
- Gross Scheduled Income: 42000
- Net Operating Income: 5204
- Operating Expense: 2400
Building Information
- Year Built: 1918
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: Oak Park
- Township: Oak Park
Rent/Lease Information
- Tenant Pays: Other
Tax Information
- Tax Annual Amount: $34,395.82
- Tax Year: 2024
General Information
- Parcel Number: 16083190180000
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 4400
General Information
- Cooling: Zoned
- Electric: Circuit Breakers
- Flooring: Concrete
- Foundation Details: Concrete Perimeter
- Leasable Area: 0
- Stories: 1
Unit Information
- Unit SqFt.: 4400
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street,Easement
- Lot Size Dimensions: 50X123
- Lot Size Square Feet: 6300
Building Exterior/Construction
- Construction Materials: Brick, Concrete, Steel Siding
- Roof: Reflective Coating
General Information
- Number Of Units Total: 3
268 Madison Street Neighborhood
Community
60302 (OAK PARK) Demographics
42
Median Age
10,484
Population Density (per sq. mile)
75%
College Educated
$91,914
Estimated Median Income
8,030
Estimated Total Home Owners
5,515
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.268 Madison Street Monthly Cost
268 Madison Street Market Data
Based on the last 30 days in this zip code
$551,164
Average List Price
$325
Average Price per Square Foot
43
Properties Sold
51
Average Days on Market
109
Properties for Sale
268 Madison Street History
| Date | Value | Agent |
|---|---|---|
| 6/22/2026Source: MRED | Active |
|
| 6/16/2026Source: MRED | June 16, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |
|
| 4/29/2022Source: MRED | Closed |
|
| 4/11/2022Source: MRED | Pending |
|
| 2/14/2022Source: MRED | Contingent |