619 Madison Avenue Active

Oak Park,IL 60304

$ 495000

- Bed

0 Bath

- SqFt


Key Details

Property Type Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11098796

Annual Tax Amount $25,800

Tax Year 2019

Lot Size 3,049 Sqft

Property Sub-Type Land

Property Description

A great opportunity on newly revamped Madison Street in historic Oak Park. Join in on the redevelopment! 619-621 Madison is located kiddie corner from the new Pete's Grocery store and adjacent to a new senior housing center-along with several other new developments along the Madison corridor. The lot size is 50 x 125. Current zoning would allow 4 stories above the parking and commercial units. Each floor would be around 5,600 sq feet. Estimating 16 residential units and one or two commercial units plus parking. Please check with the Village Of Oak Park if you are to confirm what you can build. The current building is approximately 3,449 square feet, with two property pin numbers and two separate entrances on Madison street. The corner lot has a side (on Clarence Ave) double doors with a curb cut-out. The building was rehabbed in 2003, with roof, HVAC work, and 400 AMP electrical service. There is room for approximately 5-6 cars in the back of the building. Retail, office, or redevelopment- you make the call

Location

State IL

County Cook

Area Oak Park

Exterior

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

View Y/N true

Building

Dwelling Type Land

Schools

High Schools Oak Park & River Forest High Sch

School District 97

Others

Special Listing Condition None

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