511-513 Madison Street
Oak Park, Illinois 60302

Closed / MLS #10577508 / Commercial / Mixed Use / Oak Park
Listing information updated 1/23/2020 at 1:43pm
Join in the redevelopment of the Oak Park Madison Street corridor with two lots that combine immediate usability and unlimited potential. 513 Madison has 1900 square feet of commercial space on 1st floor with storage room, bathroom-previous tenant paid $2244 monthly rent. 2nd floor is similar square footage of finished residential space, 3 bedrooms, 1 bathroom, sunroom. Current tenant pays $1825 with lease expiring May 2020. 513 Madison rear exterior steps/decks are newer. 511 Madison is also for sale which is the same size lot as 513 without the 2 story building but does have an oversized flexicore concrete commercial garage with 18' ceiling, and 13' garage door, Ceiling power, exhaust fan, finished office space and bathroom, loft space for storage or multi purpose use. Current Lease in place for $950 per month through 2021. Zoning for both lots- Madison Street Zoning per Village.

Listing Office: Berkshire Hathaway HomeServices Chicago

Listing Office Phone: 708.848.5550

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511-513 Madison Street, Oak Park, IL 60302 is a commercial / mixed use which sold for $552,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since November 19th, 2019 and was built in 1923. The nearest transit stops include Oak Park CTA Blue line and Oak Park Metra Metra Milwaukee District West line.