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Mixed-Use Building with Medical Clinic
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1000 Madison St, Oak Park, IL 60302

Fully occupied property combines a first-floor immediate care clinic with a renovated three-bedroom apartment above.

Property Size5,084 SF
Days on Market143

Property Features for 1000 Madison St

General Information

Standard status Active
Size 5,084 SF
Total Parking Spaces 4
Property subtype Mixed Use
Occupancy 100%
Net Operating Income $102,442

Financials

Cap Rate 9.31%
Gross Income $125,400

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Additional Details

Highway Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Infiniti Properties Inc
Listed By: Ned Malley · License #IL 471007341
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Infiniti Properties Inc

Investment Insights

Based on property information with market context.

This 5,084-square-foot mixed-use building includes an immediate care clinic on the first floor and a 1,393-square-foot second-floor apartment. The residential unit has three bedrooms, two bathrooms, in-unit laundry, new appliances, and hardwood flooring throughout, along with an 84-square-foot deck. The apartment’s interior area is 1,309 square feet.

The property is located at 1000 Madison St in Oak Park, near Harlem Ave and I-290, with downtown Chicago approximately 10 miles away. A parking lot accommodates 4 vehicles. The building is fully rented, and tenants are responsible for all utilities. The reported capitalization rate is 9.31%.

Key Highlights

  • 5,084‑square‑foot mixed‑use building with immediate care clinic and apartment
  • 1,393‑square‑foot apartment with 1,309 square feet of interior space and an 84‑square‑foot deck
  • Renovated 3‑bedroom, 2‑bath apartment with in‑unit laundry and new appliances

Property Analytics

Current Use

Sparkle Aesthetics Spa & Massage Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Butcher Carpet & Flooring Store Restaurant Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,687
Businesses Nearby

Demographics for 60302, IL

33,698
Population
15,702
Households
2.1
Avg Household Size
41
Median Age
71%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
11,233
Density / Sq Mi
$97,414
Median Household Income
$69,368
Median Earnings
$1,348
Median Rent
$450,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied property combines a first-floor immediate care clinic with a renovated three-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 1000 Madison St Oak Park, IL.
What are key features of this property?
This property features: 5,084‑square‑foot mixed‑use building with immediate care clinic and apartment; 1,393‑square‑foot apartment with 1,309 square feet of interior space and an 84‑square‑foot deck; Renovated 3‑bedroom, 2‑bath apartment with in‑unit laundry and new appliances
(708) 859-7846 Call to check price and availability
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