300-312 Madison St.
Interra Realty has been hired to exclusively market for sale the 24-unit mixed-use property located at 300-312 Madison Street in Oak Park. The building consists of five (6) fully leased retail spaces and eighteen (18) apartments. The property is situated in a prime central location within Oak Park, offering convenient access to transportation, amenities along Madison Street and a block from a renowned high school and grade school in Illinois. Additionally, there are multiple approved developments along Madison Street, including a new $22MM approved Park District located at 229 Madison.
The apartments feature in-unit laundry and tenant paid individual HVAC furnaces. All units feature hardwood flooring throughout the living areas and bedrooms. Supplemental income is generated through 4 garage spaces and 11 gated exterior spaces.
The property is being offered for sale with an attractive assumable loan in place. Alternatively, the building can be offered free and clear of debt.
- Prime Oak Park Location
- Near Fenwick High School, Proximate CTA Green Line & CTA Bus
- High-End Units with Condo Quality Finishes
- Individual HVAC | In-Unit Laundry
- Garage & Surface Parking