Flex Building with Overhead Door
For Sale
$550,000
268 Madison Street, Oak Park, IL 60302
COMMERCIAL - Oak Park, IL
Lot Size0.14 Acres
Days on Market47
Property Features for 268 Madison Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMR
Directions
One block east of Ridgeland on the corner of Madison and Cuyler
Subdivision
Oak Park
Standard status
Active
APN
16083190180000
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
34396
Utilities
Cooling system
Zoned
Building Details
Year built
1918
Floors in Building
1
Number of units
3
Flooring type
Concrete
Building materials
Brick, Concrete, Steel Siding
Listing Agency:
Baird & Warner
(708) 491-4155
Listed By:
Steve Jasinski · License #475151442
(708) 354-7355
Added: Jun 16
Changed: Jun 19
Last Checked: Aug 1 at 3:06PM
MLS# 12678301
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale flex building features durable brick-and-steel construction and is arranged to support office and light industrial or workshop-style use in one site. The first building is office space located on the corner of Cuyler and Madison, and it includes office areas plus two overhead doors. Those overhead doors provide drive-through access that can support practical uses such as vehicle storage, a small warehouse, or a work shop, and the space also includes an industrial size hood. The property also includes a second building with a six-stall rear garage that is currently used for storage and could be repurposed to fit a tenant’s needs.
The site is positioned within the Madison Street Business District, and ample parking is available for several vehicles both inside and out. The combination of street-facing office space and rear garage storage can be useful for businesses that want customer-facing operations along with on-site functional space.
For buyers and operators, the layout offers a straightforward way to combine work space and office space under one roof. The overhead-door access and industrial size hood support a range of practical operating needs beyond traditional office use, while the rear garage adds flexibility for additional storage or future reconfiguration. Zoning is listed as COMMR, aligning with a mixed commercial use approach for an owner-operator or multi-purpose business setup.
The site is positioned within the Madison Street Business District, and ample parking is available for several vehicles both inside and out. The combination of street-facing office space and rear garage storage can be useful for businesses that want customer-facing operations along with on-site functional space.
For buyers and operators, the layout offers a straightforward way to combine work space and office space under one roof. The overhead-door access and industrial size hood support a range of practical operating needs beyond traditional office use, while the rear garage adds flexibility for additional storage or future reconfiguration. Zoning is listed as COMMR, aligning with a mixed commercial use approach for an owner-operator or multi-purpose business setup.
Key Highlights
- 1918‑built brick and concrete building with steel siding
- Corner office space on Cuyler and Madison with two overhead doors for drive‑through vehicle access
- Includes industrial‑size hood in the corner office space
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
6
Service bays
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
2,683
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Brick-and-steel flex property with corner office space, two overhead doors, and rear garage for storage or reconfiguration.
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 $550,000.
What are key features of this property?
This property features: 1918‑built brick and concrete building with steel siding; Corner office space on Cuyler and Madison with two overhead doors for drive‑through vehicle access; Includes industrial‑size hood in the corner office space
