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Open-Plan Office Unit
New
For Lease
$28 SF/Yr NNN (Triple Net)

1019 W Madison Street W, Oak Park, IL 60302

Office space offers front parking, lot signage, and the option to connect with the adjacent unit.

Space SizeContact for details
Days on Market4

Property Features for 1019 W Madison Street W

General Information

Standard status Active
Property subtype Commercial
Lease Type NNN

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $8,500

Amenities

parking in front
lot signage available
Central air
Central Air Cooling

Building Details

Year Built 1994
Listing Agency: STELLAR PREF. THE RE CLINIC
Listed By: ADRIANA CORREA
Source: Corcoran
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 9 at 6:28AM

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 STELLAR PREF. THE RE CLINIC

Investment Insights

Based on property information with market context.

This 1994-built office unit features an open interior arrangement with parking positioned in front of the building. Lot signage is available for the space, providing an on-site identification option.

Located at 1019 W Madison Street W in Oak Park, the property is near downtown. The space may be combined with the neighboring office unit. Lease terms are structured on a triple-net basis, with utilities and taxes paid separately.

Key Highlights

  • Open floor plan for flexible office configuration
  • 1994 construction
  • Parking directly in front of the office space

Property Analytics

Current Use

massage thx of oak ... Alternative Medicine Practice Massage Thx of oak ... Alternative Medicine Practice Thx Spa massage Alternative Medicine Practice

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,523
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space offers front parking, lot signage, and the option to connect with the adjacent unit.
Where is this office units located?
The property is located at 1019 W Madison Street W Oak Park, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Open floor plan for flexible office configuration; 1994 construction; Parking directly in front of the office space
More about this property
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