58-60 Madison Street, OAK PARK IL 60302 Photo 1 58-60 Madison Street, OAK PARK IL 60302 Photo 2 58-60 Madison Street, OAK PARK IL 60302 Photo 3 58-60 Madison Street, OAK PARK IL 60302 Photo 4 58-60 Madison Street, OAK PARK IL 60302 Photo 5 58-60 Madison Street, OAK PARK IL 60302 Photo 6 58-60 Madison Street, OAK PARK IL 60302 Photo 7 58-60 Madison Street, OAK PARK IL 60302 Photo 8 58-60 Madison Street, OAK PARK IL 60302 Photo 9 58-60 Madison Street, OAK PARK IL 60302 Photo 10 58-60 Madison Street, OAK PARK IL 60302 Photo 11 58-60 Madison Street, OAK PARK IL 60302 Photo 12
Listing Courtesy of Gloor Realty Company

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58-60 Madison Street - PROPERTY IS MIXED USE BUILDING: LARGE COMMERCIAL SPACE (APPRX 3000 SF) COVERS 1ST FLOOR; 2ND FLOOR HAS 2 APARTMENTS - 1 3BR 1BA AND 1 1BR 1BA. INSIDE 2 CAR GARAGE WITH OVERHEAD DOOR. NEWER KITCHENS AND BATHS; NEWER H2O HEATER; 1ST FLOOR TENANT WITH 5 YEAR LEASE; 1BR UNIT VACANT; OWNER OCCUPIED 3BR UNIT. BUSY MADISON STREET CORRIDOR ACROSS FROM OAK PARK VILLAGE HALL. 1200 SF OF 1ST FLOOR IS VACANT. 1ST FLOOR IS HANDICAPPED ACCESSIBLE.

Listing information

  • MLS® ID: 09323951
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1923
  • Parking Type Description: Attached 2 cars
  • Estimated Annual Taxes: $8,412

Features

Air Conditioning Central Air, Central Individual
Approximate Age New Rehab
Backup Info Leases-Copies, Legal-Description, Tax Bill
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Commercial, Other
Docks None
Electrical Service 101-200 Amps, 120V Power, 201-600 Amps, Circuit Breakers, Separate Meters
Exterior Building Type Brick
Fire Protection Alarm Monitored, Fire Extinguisher/s
Floor Finish Slate/Marble, Tile, Varies, Vinyl, Wood
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Owner Projection
Geographic Locale East/West Corridor
Heat/Ventilation Central Heat/Indiv Controls, Gas, Operable Windows/Systems Vary-Call List Agt
Indoor Parking 1-5 Spaces, Attached, Heated
Information 24-Hr Notice Required, After Hours Only, Listing Agent Must Accompany, No Sign on Property, Show-Call Listing Office
Known Encumbrances None Known
Location Corner, Mixed Use Area, Public Transport Avail
Misc Inside Common Lunchroom/s, Common Meeting Room/s, Handicapped Access, Handicapped Equip Washroom/s, Inside Corridor/s, Multi-Tenant, Overhead Door/s, Skylight/s
Misc Outside Enclosed Stairs, Fire Escape, Handicapped Access, Satellite Dish, Security System, Storms and Screens (as exist), Sun Deck
Other # Of Apts - 2, # Of Dryers - 2, # Of Offices - 1, # Of Ranges - 2, # Of Refrigs - 2, # Of Tenants - 3, # Of Units - 3, # Of Washers - 2, Approx Total Bldg Sq Ft - 4100, Electricity Expense - 3000, Expense Year - 2015, Fuel Expense - 1200, Gross Rent Multiplier - 0, Gross Rental Income $ - 3600, Insurance Expense - 1700, Net Oper Income $ - 40000, Net Operating Income Year - 2015, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 0, Total Annual Income - 36000, Total Monthly Income - 3400, Township - Oak Park, Water Expense - 1000, Zoning Type - Commr
Outdoor Parking None On Site
Owners Assoc (Y/N) No
Ownership Type Individual
Possession Closing, Negotiable, Tenant's Rights
Potential Use Commercial, Office and Research, Residential-Multi-Family, Retail
Property Type Mixed Use
Roof Coverings Membrane, Varies
Roof Structure Flat, Wood Joists
Sale Terms Conventional
Tenant Pays Electric, Heat, Insurance, Varies by Tenant
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site, Water-Municipal
Washer/Dryer Lsd (Y/N) No
Water Drainage Floor Drains, Storm Sewers
Listing Courtesy of Gloor Realty Company