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Financial
Distress signals
Property profile

268 Madison St Oak Park, IL 60302

FOR SALE
Retail space
Property ID
US28-1271722
3,054 SF 0.14 ac lot Built 1917
Last sale Apr 2022 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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268 Madison St, Oak Park, IL 60302 For Sale
$525,000 3,054 SF
268 Madison St, Oak Park, IL 60302
View Listing

Property summary

AI-generated overview

Flex property at 268 Madison Street featuring early 20th-century brick-and-steel construction dating to 1918. The front building includes office areas and functional improvements for vehicle and storage uses, with two overhead doors providing drive-through access suitable for large vehicles; the enclosed areas are configured for vehicle storage, warehouse-type functions, or workshop use and include an industrial-size hood. A separate rear building contains a six-stall garage currently used for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$28k
Tax billed · 2022
Assessed value$72k
Assessed land$39k
Assessed improvement$33k
Effective rate38.40%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$79k
Vacancy & credit loss−$8k
Operating expenses−$25k
NOI · 8.83% cap applied$46k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.83%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.4
Auto Parts Store11.6
Grocery Store10.4

Location

268 Madison St Oak Park, IL 60302
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6407 Nn, Oak Park, IL 60302-1003 $8,350,000 Jun 2025 No data
6323 Nn, Oak Park, IL 60302-1126 $8,350,000 Jun 2025 No data
6549 Nn, Oak Park, IL 60302-1020 $223,000 Mar 2024 1,968 SF
100 Kenilworth, Oak Park, IL 60302-2815 $600,000 Mar 2024 2,400 SF
108 Madison, Oak Park, IL 60302-4251 $279,000 Mar 2023 2,980 SF
6039 Nn, Oak Park, IL 60302-1159 $125,000 Feb 2023 2,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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