Prime Oak Park location, close to everything the town has to offer! Just blocks east of Harlem Ave, near I-290; 10 miles from downtown Chicago. Amazing opportunity for someone looking for a steady income. 5084 sq ft building. Immediate Care clinic on first level and a large 1393 sq ft apartment (apartment 1309 sq ft and deck 84 sq ft) on the second level, completely renovated 3 bedrooms, 2 bath, in unit laundry and new appliances, hardwood floors throughout. Fully rented- Rental income is $10,450 per month, very minimal expenses and tenants are responsible for all utilities. Net income is $102,442. CAP is 9.31%. Parking lot accommodates 4 vehicles.
View full listing details| Price: | $775,000 |
| Address: | 1000 Madison Street |
| City: | Oak Park |
| County: | Cook |
| State: | Illinois |
| Zip Code: | 60302 |
| MLS: | 11460885 |
| Year Built: | 1921 |
| Square Feet: | 5,084 |
| actualStatus: | Active |
| constructionmaterials: | Brick |
| cooling: | Central Air |
| electric: | Circuit Breakers |
| flooring: | Wood |
| frontagetype: | City Street |
| insuranceexpense: | 3000 |
| lotsizedimensions: | 5952 |
| lotsizesquarefeet: | 5952 |
| mlsareamajor: | Oak Park |
| mlsstatus: | Active |
| mrdAag: | Older |
| mrdApt: | 1 |
| mrdB78: | yes |
| mrdBoardnum: | 10 |
| mrdDoccount: | 2 |
| mrdDry: | 1 |
| mrdDsw: | 1 |
| mrdEpy: | 2021 |
| mrdExt: | Brick |
| mrdFpr: | Fire Extinguisher/s |
| mrdHvt: | Forced Air,Gas |
| mrdIdx: | Y |
| mrdInfo: | None |
| mrdIss: | Owner Projection |
| mrdLocat: | Corner |
| mrdMc: | Active |
| mrdMi: | Laundry Room |
| mrdNoy: | 2021 |
| mrdOa: | No |
| mrdOes: | Owner Projection |
| mrdOfc: | 1 |
| mrdOwt: | Corporation |
| mrdPko: | 1-5 Spaces |
| mrdRef: | 1 |
| mrdRng: | 1 |
| mrdRos: | Flat |
| mrdSto: | 1 |
| mrdTen: | 2 |
| mrdWdl: | Yes |
| mrdWsh: | 1 |
| numberofunitstotal: | 2 |
| operatingexpense: | 4500 |
| otherexpense: | 1500 |
| parkingtotal: | 4 |
| possession: | Closing |
| propertyType: | Mixed Use |
| stories: | 2 |
| taxannualamount: | 18458 |
| taxyear: | 2020 |
| tenantpays: | Air Conditioning, Electricity, Heat, Sewer, Varies by Tenant |
| totalactualrent: | 8500 |
| township: | Oak Park |
