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Open-Plan Office Unit
For Lease
$27.79 SF/Yr NNN

1019 W Madison Street W, Oak Park, IL 60302

Office accommodation offers front parking, available lot signage, and a flexible layout near downtown Oak Park.

Space SizeContact for details
Days on Market93

Property Features for 1019 W Madison Street W

General Information

Standard status Active
Zoning COMMR
Lease Type NNN

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $8,500

Amenities

parking in front
lot signage available

Building Details

Year Built 1994
Stories 1
Units 1
Listing Agency: Stellar Pref. The Re Clinic
Listed By: Adriana Correa
Source: Allinonerealestateco
Added: May 18 Changed: Aug 14 Last Checked: Aug 17 at 11:44PM

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 office unit provides 1,700 square feet within a 1994-built commercial property. The interior is configured with an open plan, while parking is positioned in front of the building. Lot signage is available for the premises, providing an on-site identification option for occupants.

The property is located near downtown Oak Park at 1019 W Madison Street W. The lease is structured on a triple-net basis, with utilities and taxes handled separately. An adjoining space may be combined with this unit for additional area.

Key Highlights

  • 1,700 SF office unit with an open‑plan interior
  • Front parking available for office occupants
  • Lot signage available on the property

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

Lease Benchmarks for Oak Park, IL

$20.76 /SF/Yr
Avg Asking Price
$14–$28 /SF/Yr
Price Range
2,938 SF
Avg Space Size

This space is priced 34% above the average of $20.76 /SF/Yr.

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 accommodation offers front parking, available lot signage, and a flexible layout near downtown Oak Park.
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 $27.79 SF/Yr.
What are key features of this property?
This property features: 1,700 SF office unit with an open‑plan interior; Front parking available for office occupants; Lot signage available on the property
More about this property
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