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$ 495,000
Est. payment /mo
Active
619 Madison Avenue Oak Park, IL 60304
3,049 Sqft Lot
UPDATED:
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
Acres 0.07
Lot Dimensions 50 X 125
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
Present Use Commercial
Street Surface Asphalt
Farm No
Building
Dwelling Type Land
Lot Size Range Less Than .25 Acre
Architectural Style Land
Schools
High Schools Oak Park & River Forest High Sch
School District 97
Others
Senior Community No
Tax ID 16182030010000
Ownership Fee Simple
Special Listing Condition None
MRED as distributed by MLS GRID.
Listed by Ideal Location Oak Park RE
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