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Property profile & analytics

26 Madison St Oak Park, IL 60302

  • Residential income homes
  • 4,350 SF
  • 0.07 lot acres
Value Estimation
Location Intelligence
Property ID
US28-2656171
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Beauty Plug / Beauty Salon
  • Oak Park Wireless / Cell Phone Store
  • JTiaraLuxe / Beauty Salon / Hair Salon

Property Details for 26 Madison St

Year built
1917
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.07 lot acres
Property size
4,350 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
16-08-323-017
APU
1608323017

Description

This exceptional 4,350-square-foot mixed-use building in Oak Park, Illinois, presents a unique investment opportunity. Located at 26 Madison St, 60302, this two-story property boasts a completely renovated ground floor, ideal for a variety of retail uses. Features include new flooring, lighting, an ADA-accessible washroom, and new glass storefront. The upper level offers a fully renovated one-bedroom, one-bathroom apartment, complete with new appliances, HVAC ductwork, skylight, plumbing, and a tankless water heater – perfect for live/work scenarios. The building sits on a 3,125-square-foot lot and benefits from high visibility on Madison Street, enhanced by prominent signage. Its prime location offers easy access to I-290, public transportation (including the "L" and Metra), and enjoys high vehicular and foot traffic. The 200-amp electrical service ensures ample power. The property is zoned MS - Madison Street Zoning District. This location combines the conveniences of both city and suburban life, with proximity to Chicago. The seller is open to considering owner financing proposals. This is a rare opportunity to acquire a fully renovated, high-visibility property in a thriving Oak Park location. The building was renovated in 2021.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Oak Park
County
Cook
State
Illinois
Longitude
-87.7759
Latitude
41.8804
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$12,513
$2,968
$29,617
$32,585
-
$29,680
$296,170
$325,850
More about this property
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