848 Madison Street

    Oak Park, IL 60302
    • $855,000
    • STATUS: Active
    • ON SITE: 214 days
    • MLS #: 10379453
    UPDATED: 229 min ago
    $855,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,500
      SQFT
    • $155
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Description

    Single tenant investment property available in Oak Park! Restaurant tenant has been located +/-35 years within immediate area. Restaurant tenant has strong brand recognition withing Chicagoland area. 6.5 years remaining on 10-year NNN lease. 5,500 sf building on 6864 sf of land. Area tenants include Core Power Yoga, Madison Street Theatre, Rush Oak Park Hospital, Walgreens, Chase Bank, Jewel-Osco, Rosati's Pizza, 7-11. The Village of Oak Park boasts excellent schools, world class architecture, shopping, dining and an extensive public transportation network.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate. Based on information submitted to the MRED as of 2019-12-14T23:49:52.763 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.markbowershomes.com/homes/94767641

    848 Madison Street Oak Park, IL 60302

    • Price: $855,000
    • Status: Active
    • Updated: 229 min ago
    • MLS #: 10379453
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,500
    SQFT
    $155
    $/SQFT
    1900
    Built
    Neighborhood:
    Oak Park
    County:
    Cook
    Area:
    Oak Park
    Property Description
    Single tenant investment property available in Oak Park! Restaurant tenant has been located +/-35 years within immediate area. Restaurant tenant has strong brand recognition withing Chicagoland area. 6.5 years remaining on 10-year NNN lease. 5,500 sf building on 6864 sf of land. Area tenants include Core Power Yoga, Madison Street Theatre, Rush Oak Park Hospital, Walgreens, Chase Bank, Jewel-Osco, Rosati's Pizza, 7-11. The Village of Oak Park boasts excellent schools, world class architecture, shopping, dining and an extensive public transportation network.
    Exterior Features

    Lot Dimensions 50X137 Lot Sq Ft 6864 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central Air Fire Protection Smoke Or Fire Protectors Number Of Drive In Doors 0 Number Of Stories 2

    Property Features

    Electrical Service 101-200 Amps Estimated Cam SF .36 Financial Amounts For Total Building Rental Onl Yes Gross Rental Income Amount 74160 Heat Ventilation Central Bldg Heat Insurance Expense 2000 Insurance Expense Source Broker Projection Max Avail Sq Ft Rentable 5500 Min Avail Sq Ft Rentable 5500 Net Oper Income Amount 71935 Net Operating Income Year 2019 Property Offered For Sale Only Tax Year 2017 Taxes 49114 Tenant Pays Air ConditioningElectricHeatJanitorialReal Property TaxesInsuranceWater/Sewer Total Annual Income 74160 Township Oak Park Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties Commercial.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate. Based on information submitted to the MRED as of 2019-12-14T23:49:52.763 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate
    #1 Brickyard Drive
    Bloomington IL, 61701