A great opportunity on newly revamped Madison Street in historic Oak Park. Join in on the redevelopment! 619-621 Madison is located kiddie corner from the new Pete's Grocery store and adjacent to a new senior housing center-along with several other new developments along the Madison corridor. The lot size is 50 x 125. Current zoning would allow 4 stories above the parking and commercial units. Each floor would be around 5,600 sq feet. Estimating 16 residential units and one or two commercial units plus parking. Please check with the Village Of Oak Park if you are to confirm what you can build. The current building is approximately 3,449 square feet, with two property pin numbers and two separate entrances on Madison street. The corner lot has a side (on Clarence Ave) double doors with a curb cut-out. The building was rehabbed in 2003, with roof, HVAC work, and 400 AMP electrical service. There is room for approximately 5-6 cars in the back of the building. Retail, office, or redevelopment- you make the call
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For more information about 619 Madison, Oak Park, IL 60304 contact Corcoran Urban Real Estate.
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