901_madison

DESCRIPTION
This prime Oak Park site is located on Madison Street between Harlem and
Oak Park Avenues. Major co-tenant Walgreens is directly across the street. A
new Walgreens is being built at the corner of Madison and Oak Park Avenue.
Other co-tenants in the area include Radio Shack, Leonas, Town & Country,
Jackson Hewitt and Chase Bank. The subject property is located 3 blocks
east of Rush Oak Park Hospital and ten miles due west of Chicago’s Central
Business District.

DEMOGRAPHICS:
Demographics (2009)                 1.0 mile          3.0 miles         5.0 miles
Population                                      39,827           307,879           814,424
Households                                    20,338          109,184            271,522
Average Household Income          $78,563         $70,855            $64,250

TRAFFIC COUNTS:
• 19,800 cars per day
• Bus route #20 drives along Madison

SITE SIZE:
8,500 SF (0.20 acre) site. 150 feet wide x 57 feet deep

FRONTAGE:
150 feet along Madison

REAL ESTATE TAXES:
$39,788.00 (2008 taxes payable in 2009)

ASKING PRICE:
$230,000.00 Call for more details

OWNERSHIP:
Bank REO property

ZONING:
“C” for commercial