Theresa Jurgus Real Estate Team

408 Madison Street
OAK PARK, IL 60302



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  • 1920 Year Built

  • 8/8/2017 List Date

  • 5,000 Bldg Sq Feet

Located on Madison at Ridgeland, this mixed use property is ready for a new business. Great visibility and signage. Former medical space with lots of potential, large indoor parking, and one large apartment to add income and property tax benefits. Centrally located in Oak Park near Jewel and CVS, walking distance to Longfellow, Julian Middle School and Fenwick HS, near District 97 Headquarters, Village Hall, Park District Headquaters, and many shops and services. With 17,400 cars passing daily, Madison St is a great location for your business.
Property Type
original price
price change
$76,000 ( 16.9%)

Additional Details


This listing 408 Madison Street Oak Park, Il 60302 is a mixed use listing on a lot of 3,444 sqft (or 28 x 123). 408 Madison Street was built in 1920. 408 Madison Street is located in Oak Park and in ZIP Code 60302. It has been listed on our site since 8/8/17.

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Theresa Jurgus

  • Office 708.697.5900
  • Cell 773.851.5479

Listing Office

Baird & Warner, Inc.

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Oak Park

Oak Park

Oak Park is best known for the association with Frank Lloyd Wright who designed many homes and community buildings in Oak Park and also made his residence in Oak Park. Residents in this community cherish history and value a vintage and classical style. This safe community offers good schools and family fun with the convenience of easy access to Downtown Chicago. Most importantly, Oak...

*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

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