268 Madison Street Oak Park, IL ^$ 550,000

268 Madison Street

^$ 550,000

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268 Madison Street

Oak Park, IL, 60302

^$ 550,000

Bedrooms-- Baths-- Sq 4,400

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Property for Rent in Oak Park, IL

for $550,000. This 4,400 square foot property was built in 1918 on a lot size of 0.144628.

Opportunity abounds at this ideally located property in the Madison Street Business District! If you have an established business, or always wanted to start one, this handsome building features durable brick-and-steel construction, and is ready for its next owner. You could operate multiple businesses from a single location. The first building is office space on the corner Cuyler and Madison. The second building to the east includes two overhead doors that facilitate large vehicle drive-through access and can easily be vehicle storage, a small warehouse, or a work shop. It has an industrial size hood as well. The final building has a six-stall rear garage, that is currently used for storage and perfect for repurposing. With ample parking available for several vehicles both inside and out, this versatile site is primed for success.

Rental Active

Price

^$ 550,000

Taxes

^$ 34,395

Style

Commercial

Lot Size

0.144628

Year Built

1918

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

12678301

Features

General

Cooling Zoned

Roof Reflective Coating

Zoning COMMR

Construction Materials Brick Concrete Steel Siding

Year Built 1918

Electric Circuit Breakers

Tenant Pays Other

Stories Count 1

Township Oak Park

Tax Year 2024

Current Use Commercial

Gross Income 3500

County Cook

Net Operating Income 5204

Operating Expense 2400

Property Type Commercial Sale Office/Tech

Status New

Directions One block east of Ridgeland on the corner of Madison and Cuyler

City Oak Park

Number Of Units Total 3

MLS Area Oak Park

Lot Size Square Feet 6300

Tax Annual Amount 34395.82

Additional Parcels Y/N N

Leasable Area 0

Virtual Tour https://myimageservices.com/268-Madison-St/idx

Lease Type N/A

Standard Status Active

Interior

Flooring Concrete

Exterior

Foundation Details Concrete Perimeter

Building Area Total 4400

Lot Dimensions 50X123

Frontage Type City Street Easement

* Excluded Features

List By

Baird & Warner

Broker

steve.jasinski@bairdwarner.com;steve.jasinski@bairdwarner.com

Nearby

Trends
Schools

About Oak Park, IL

51,895 Population

-1% Since 2002

^$86,418 Median Income

40.94 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/16/2026	$550,000		Listed Price

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268 Madison Street, Oak Park, IL, 60302 is a Property for Rent at $550,000 with 4,400 sqft and a lot size of 0.144628. 268 Madison Street was built in 1918. The property's zip code is 60302 which is in Oak Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Data is updated as of 6/17/2026.

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268 Madison Street

Property for Rent in Oak Park, IL

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