Cawley Commercial Real Estate announces the sale of a historic stand-alone 2-story building built in 1915 land located at 549 Madison Street in Oak Park. This is the first sale in Oak Park for Cawley Commercial Real Estate’s team led by Rawly Lantz and Justin Harris. The seller did not want to see the building torn down, and the buyer is fully committed to preserving its historical character.
In addition to this being a preservation sale, it is also noteworthy because of its generous zoning that allows for numerous potential uses. The 3,000 Sq. Ft. building and 5,375 Sq. Ft. (0.12 Acres) of the lot is located on the hard corners of Madison Street and East Avenue, making this an attractive investment opportunity in a bustling neighborhood. Oak Park is a vibrant village adjacent to Chicago and is home to an abundance of architecturally significant properties, including homes designed by renowned architect Frank Lloyd Wright.
“We recognize the property’s location in Oak Park may draw attention to its unique features and we are confident that the preservation of this historic building will be embraced by the community,” commented Justin Harris. “We are proud to have closed this sale, which is a testament to our team’s commitment to preserving valuable assets and we look forward to continuing to serve Oak Park and surrounding communities.”
SEEN IN: ReJournals