1147 Madison Street

Oak Park, IL 60302

$595,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

  1. Listed by Daniel Pyne • Pyne Properties, LLC

Property Details for 1147 Madison Street

Area
Oak Park
Township
Oak Park
Num of Interior Fireplaces
0
Zoning
OTHER
LISTING UPDATED: 08/17/2024 03:31 AM

Property Details for 1147 Madison Street

StatusActive
MLS #12092863
Days on Market185
Taxes$8,061 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1923
Lot Size0.08 AC / 3,500 SF
CountyCook County

Building Information for 1147 Madison Street

Stories2Residences2Year Built1923Lot Size0.08 AC / 3,500 SF

Property Information for 1147 Madison Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Geographic Locale: East/West Corridor
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Tile
  • # Of Washers: 0
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Window/Ac: 0
  • # Of Refrigerators: 0
  • Washer/Dryer Lsd: No
  • Misc Inside: Private Restroom/s,Basement
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 28X125
  • Lot Size Square Feet: 3500.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete
  • Roof Type: Membrane, Reflective Coating
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 3798
  • # Of Offices: 1
  • Office SqFt: 1625
  • Retail SqFt: 1625
  • # Of Ranges: 0
  • # Of Stores: 1
  • Property Sub Type: Apts/Ofc, Apts/Stores, Ofc/Store
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office and Research
  • Docks: None
  • Public Document Count: 0
  • Photos Count: 14
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $2,000.00
  • Fuel Expense: $2,500.00
  • Gross Income: $40,320.00
  • Gross Scheduled Income: $27,000.00
  • Insurance Expense: $4,000.00
  • Electric Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Other Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 3360
  • Water Expense Source: Broker Projection
  • Operating Expense: $12,000.00
  • Other Expense: $5,000.00
  • Trash Expense: $1,500.00
  • Water Sewer Expense: $1,200.00

Property History for 1147 Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1147 Madison Street

Taxable ValueLand$3,500Additions$17,493Total$20,993
Tax Record2022$8,061 ($672 / month)
Home Facts
Baths2.5Total Finished SqFt3,798 SqFtAbove Grade Finished SqFt3,798 SqFtStories2Lot Size3,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyCOOKAPN16-18-100-001

Schools near 1147 Madison Street

This home is within Oak Park - River Forest School District 200.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Abraham Lincoln Elementary School
PublicK to 5

Gwendolyn Brooks Middle School
Public6 to 8

Oak Park & River Forest High School
Public9 to 12

Oak Park Christian Academy
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1147 Madison Street is a mixed use property for sale in Oak Park, IL 60302. This property was listed for sale on June 24, 2024 by Pyne Properties, LLC, it's currently listed at $595,000. This listing's school districts are Oak Park - River Forest School District 200, Oak Park Esd 97 School District. Nearby schools include Abraham Lincoln Elementary School, Gwendolyn Brooks Middle School and Oak Park & River Forest High School. 1147 Madison Street is a 0-bed, 0-bath, mixed use property built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pyne Properties, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/17/2024 03:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.