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Flex Building With Drive-Through Access
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268 Madison Street, Oak Park, IL 60302

Brick-and-steel commercial property with office areas, overhead doors, a rear garage, and COMMR zoning.

Property Size4,400 SF
Days on Market5

Property Features for 268 Madison Street

General Information

Standard status Active
Size 4,400 SF
Property subtype Commercial
Zoning COMMR

Additional Details

Road Access Yes
Drive-In Doors 2

Taxes and HOA fees

Annual Taxes $34,395

Amenities

industrial size hood

Building Details

Building Size 4,400 SF
Year Built 1918
Buildings 2
Stories 1
Units 3
Construction brick and steel
Listing Agency: Baird & Warner
Listed By: Steve Jasinski · License #475151442
Source: Ozmentrealestate
Added: Aug 5 Changed: Aug 7 Last Checked: Aug 8 at 12:51PM

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 Baird & Warner

Investment Insights

Based on property information with market context.

This flex property at 268 Madison Street combines office areas with functional vehicle and storage improvements. The brick-and-steel construction dates to 1918, and the first building includes two overhead doors that support drive-through access for large vehicles. Those areas can accommodate vehicle storage, warehouse functions, or workshop use. An industrial-size hood is also included.

A separate rear building contains a six-stall garage currently used for storage. The property is positioned in Oak Park’s Madison Street Business District, at the corner of Cuyler and Madison, with parking available both inside and outside the buildings. COMMR zoning applies to the site.

Key Highlights

  • Two overhead doors provide drive‑through access for large vehicles
  • Six‑stall rear garage currently used for storage
  • Brick‑and‑steel construction dating to 1918

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store Restaurant (Bike/Boat/Book/etc) Store Food Market

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

2
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,683
Businesses Nearby
Under-served
Demand for This Use

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
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  • Quest Food Management Inc 505 washington blvd, oak park, il 60302
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Frequently Asked Questions

What type of property is this?
Flex space - Brick-and-steel commercial property with office areas, overhead doors, a rear garage, and COMMR zoning.
Where is this flex space located?
The property is located at 268 Madison Street Oak Park, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Two overhead doors provide drive‑through access for large vehicles; Six‑stall rear garage currently used for storage; Brick‑and‑steel construction dating to 1918
More about this property
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