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308 Madison St, Oak Park, IL 60302 Property Records

Cook County property record for 308 Madison St, Oak Park, IL 60302

Property Summary

Property TypeCommercial
Details27 bd · 21,154 sqft · built 1925
Lot Size0.72 acres (3,125 sqft)
OwnerCompany Name on Record
Last Sale$570,000 (Dec 2022)
Tax Bill$16,610 (2023)
Deeds & MortgagesDec 2022 Sale
Nov 2017 Mortgage
Flood ZoneZone X (minimal risk)
APN16-08-318-008

Property Details

APN / Parcel Number

Primary APN16-08-318-008
Alternative APN
  • 16-08-318-008-0000

Interior

Bedrooms27 Beds
Units23 Units
Stories3 Stories
Building Area21,154 sqft Gross Area

Exterior

Year BuiltBuilt 1925
Effective Year BuiltEffective 1925
Lot Area3,125 sqft (0.72 acres)

Location & Zoning

Street Address308 MADISON ST
CityOAK PARK
StateIL
Zip60302-4110
Property CategoryCommercial
Property TypeCommercial > Retail
Legal Description(RESUBDIVISION) OF PT BLK 58 IN VILLAGE OF RIDGELAND SUB EH EH SEC 7 NW & WH WH SW SEC 8 SEC 08-39-13
Legal Range13E
Legal Township39N
Legal Section08
Legal SubdivisionRIDGELAND SUB
Legal Block58
Legal Lot Number22,8
JurisdictionCOOK IL
Township / Civil DivisionOAK PARK
Census Block Group3
Census Block3012
Census Tract812600

Owner

Source: Cook County records, as of May 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address805 LAKE ST, OAK PARK, IL 60301-1301
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Dec 29, 2022Special Warranty Deed, Transfer
STEWART TITLE
Nov 9, 2017Grant Deed, Mortgage
GREYSTONE SVCG

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 29, 2022 · Amount on Record
Deed SaleDec 29, 2022 · Amount on Record
Prior SaleDec 8, 2015 · Amount on Record
Deed Document Number202245202
Record UpdatedSep 20, 2026

December 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionCOOK IL
Recording DateDec 29, 2022
Property Address308 MADISON ST, OAK PARK, IL 60302-4110
Document Number0036345202
Map ReferenceDOC 1668566
Instrument DateDec 6, 2022
Instrument2236345202
Transaction TypeTransfer
Record UpdatedJan 12, 2023
Title CompanySTEWART TITLE

Transaction

AmountAmount Recorded
Tax$570.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address805 LAKE ST # 290, 290, OAK PARK, IL 60301-1301

November 2017: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionCOOK IL
Recording DateNov 9, 2017
Property Address308 MADISON ST, OAK PARK, IL 60302-4110
Document Number1731347216
Instrument DateNov 7, 2017
Instrument31347216
Transaction TypeMortgage
Record UpdatedNov 20, 2017
Title CompanySTEWART TITLE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address906 W BELMONT AVE CHICAGO IL 606574409, CHICAGO, IL 60657-4409

Mortgage

Document Number1731347216
DateNov 9, 2017
Instrument31347216
Lender
NameGREYSTONE SVCG
Address419 BELLE AIR LN, WARRENTON, VA 20186-4368
Agreement
AmountAmount Recorded
Term120 Months
DueNov 8, 2027
Interest
Rate4.24%

Tax Assessment & Valuation

Source: Cook County assessment roll, as of May 27, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyCook County
County SubdivisionOak Park Township
MunicipalityOak Park Village
Elementary School DistrictOak Park Elementary School District 97 (PK - 08)
Secondary School DistrictOak Park and River Forest District 200 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$45,013 (+48.04%) Land $4,375 Building $40,638$450,130 (+48.04%) Land $43,750 Building $406,380
2023$16,610.00 (+42.27%)
2022$11,675.00$30,405 Land $7,812 Building $22,593$304,050 Land $78,120 Building $225,930

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 11, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemOAK PARK
serves 54,583 people · EPA ID IL0312250
Water SourcePurchased surface water from CHICAGO
Last State InspectionOct 2023
Lead5 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 769 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless, DSL in parts of the area		5,000 / 5,000
Xfinity
Cable		2,000 / 250

May also be available: T-Mobile, Verizon.

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