1000 Madison Street,
1000 Madison Street Oak Park, Illinois 60302 United States

1000 Madison Street
1000 Madison Street Oak Park, Illinois 60302 United States

$815,000USD
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1000 Madison Street

About 1000 Madison Street, Oak Park, Illinois

Tremendous opportunity to lease 3770+ square feet of commercial office/retail space in the heart of the medical district of Oak Park. Prior use was an immediate care facility. It has 9 exam rooms, two kitchenettes, two bathrooms, offices, a spacious and gracious entrance/waiting area, basement storage and more. Almost ready to go for the right tenant. Residential tenant upstairs pays all utilities except property taxes on a lovely, remodeled 3 bedroom, 2 bath unit. BUILDING IS ALSO FOR SALE. Tenant on the second floor pays $2,025/month plus utilities. Exterior parking in the back. Projected cap rate at stabilization at asking is 12.27!!! ($100K projected NOI / $815000 = 12.27).

Listing Courtesy of @properties Commercial

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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Property ID:11659395

MLS ID:11659395
Listing Courtesy of @properties Commercial
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United StatesIllinoisOak ParkDowntown Oak Park1000 Madison Street

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