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- LoopNet Team
845 Madison St
Oak Park, IL 60302
Retail Property For Sale
Investment Highlights
- Corner Lot in Oak Park's redeveloping Madison Street Improvement District
- Flexibility with income: Day Care Tenant remains in place or terminate M-T-M lease and repurpose space
- Attractive MS - Madison Street zoning
- High-visibility with 73' frontage and 17,900 cars/day
- Barrel Truss roof offers open floor plans and flexible division of spaces.
Property Facts
Amenities
- Bus Line
- Corner Lot
- Mezzanine
About 845 MADISON ST , OAK PARK, IL 60302
Current tenants offer new owner flexibility: Day Care is month-to-month with an interest in signing a longer-term lease, and possibly needing more space, Owner of Auto Sales/Repair in rear is looking to retire, and may stay on for up to a year. New owner can occupy the entire 10,300sf building, or put the front tenant on a long-term lease. • Barrel Truss offers open floor plans and flexible division of spaces. • Roof replaced (2009), Trusses repaired and Insulation upgraded (both in 2014) at a cost of $187,000 • Hi-visibility corner location with 17,400 VPD and 73' frontage • Zoning: MS (Madison Street)
Property Taxes
| Parcel Number | 16-18-106-012-0000 | Improvements Assessment | $28,000 |
| Land Assessment | $83,456 | Total Assessment | $111,456 |
Property Taxes
