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Investment Highlights

  • Located at a signalized intersection offering excellent visibility.
  • Close to major destinations such as RUSH Oak Park Hospital and Oak Park Village Hall.
  • Strong 1-mile demographics with 43,108 residents and $127,324 average household income.
  • Surrounded by national retailers including Walgreens, Chase, and Pete’s Fresh Market.
  • High traffic counts with over 26,000 vehicles daily on Madison Street.
  • Additional adjacent property available, combining prime frontage and land area.

Executive Summary

741 Madison consists of a 11,375 SF Building with 12,000 SF of Land. Adjacent 502-508 S. Oak Park also available consisting of a 3,318 SF Building on 3,318 SF of Land. Hard Corner with Signalized Intersection. Other 3 Corners include Walgreens , Chase & new Pete's Fresh Market. Madison St neighbors also include RUSH Oak Park Hospital , Dollar Tree, Core Power Yoga, Sherwin Williams , Jewel, CVS, McDonalds, Hertz, Oak Park Village Hall, Fenwick High School, Dunkin, Wintrust, Wing Stop, Athletico , American House Senior Living etc. Over 26,000 Average Daily Traffic . Strong Demographics - 1 Mile Radius - 43,108 Population & $ 127,324 Average Household Income. 3 Mile Radius - 282,913 Population & $ 101,134 Average Household Income .

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
11,375 SF
Building Class
C
Year Built/Renovated
1930/2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.93
Lot Size
0.28 AC
Frontage
96’ on Madison
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100

Nearby Major Retailers

CorePower Yoga
Chase Bank
Jewel-Osco
Fifth Third Bank
Citizens Bank
Starbucks
CrossFit
Stretchlab
Club Pilates
Bank of America

Property Taxes

Property Taxes

Parcel Number
16-18-200-002-0000
Land Assessment
$45,000
Improvements Assessment
$98,000
Total Assessment
$143,000
  • Listing ID: 40652349

  • Date on Market: 5/24/2026

  • Last Updated:

  • Address: 741 Madison St, Oak Park, IL 60302

Contact the Sale Advisor

741 Madison St

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