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IllinoisOfficeRetail

Cawley Chicago executes preservation sale of historic stand-alone building in Oak Park

March 24, 2023
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Cawley Chicago announces the sale of a historic stand-alone two-story building built in 1915 land located at 549 Madison Street in Oak Park. This is the first sale in Oak Park for Cawley Chicago’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-square-foot building and 5,375 square feet (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.

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