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Two-Story Office Building
For Sale
$440,000

412 Madison Street, Oak Park, IL 60302

Two-story office building with private offices, a conference/flex area, kitchenette, storage, and on-site parking.

Property SizeContact for details
Days on Market18

Property Features for 412 Madison Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,462

Amenities

kitchenette
private garden
on-site parking
high-speed Ethernet
Central air
Water Heater
Window Unit(s) Cooling

Building Details

Year Built 1901
Stories 2
Listing Agency: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed By: ARRICK PELTON
Source: Corcoran
Added: Jul 23 Changed: Aug 8 Last Checked: Aug 8 at 6:59AM

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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE

Investment Insights

Based on property information with market context.

This two-story office building offers four private offices along with an expansive conference and flex area suited for meetings and presentations. The property is described as wired for high-speed Ethernet across all workspaces, with commercial-grade electrical and plumbing systems updated to modern standards. A dedicated kitchenette supports day-to-day operations, and the lower level includes convenient storage.

The building includes on-site parking and a private garden area for informal use. It is located in the Oak Park business community, with commuting access described to nearby CTA Green and Blue Lines and the Metra Union Pacific West Line.

The layout supports a mix of focused work and collaborative space, with practical on-site amenities including kitchenette, storage, parking, and an outdoor garden area.

Key Highlights

  • Two‑story office building (built 1901) with four private offices and a conference/flex area
  • Building is wired for high‑speed Ethernet across all workspaces
  • Commercial‑grade electrical and plumbing systems updated to modern standards

Property Analytics

Current Use

CYLA Design Landscaping

Suggested Use

Top Pick Food Market Grocery & Convenience Store Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

2,683
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
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with private offices, a conference/flex area, kitchenette, storage, and on-site parking.
Where is this office building located?
The property is located at 412 Madison Street Oak Park, IL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two‑story office building (built 1901) with four private offices and a conference/flex area; Building is wired for high‑speed Ethernet across all workspaces; Commercial‑grade electrical and plumbing systems updated to modern standards
More about this property
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