Menu

Lexington townhouses rising on Madison Street

Twenty-one new units going up on a commercial corridor in transition

July 9th, 2019 1:56 PM

Madison as home: Realtor Kim Corbin shows a townhouse to Michael and Tiffany Wright at the new Lexington Homes development at 958 Madison St. | Photos by Timothy Inklebarger

View All Photos (4 Photos)

By Timothy Inklebarger

Staff Reporter

New townhouses are sprouting up at the site of the former School District 97 headquarters and Robinson's Ribs on Madison Street.

Lexington Homes has built the first townhouse at Lexington Reserve at Oak Park, 958 Madison St., and has 20 more to go.

Lexington principal Jeff Benach said the company builds the units as they are sold. The model home became available last month.

He told Wednesday Journal that three of the units have sold already.

Marketed as row homes, the units are decorated with brick and James Hardie panels and fronted with large windows.

Lexington offers three- and four-bedroom units with 2.5 to 3.5 baths and tall ceilings and wood floors. They also feature rooftop decks with views of downtown Chicago.

The units run between 2,216 and 2,507 square feet and range in price from $459,990 to $509,990.

Benach said the company chose Oak Park, in part, because of its hybrid urban/suburban characteristics.

"Oak Park is just a cool town to begin with, and there's so much to offer," he said.

Benach noted that the development is four blocks from the El and Metra "and all the stuff downtown Oak Park offers."

He said each unit also comes with the option of an in-unit elevator.

The development comes at a time when Madison Street in going through a major transition.

The village is currently putting much of the street from Oak Park Avenue heading east on a "road diet" to slim the number of car lanes and add new bike lanes on the busy commercial corridor.

Madison also is set for two new developments at the intersection of South Oak Park Avenue. The Oak Park Board of Trustees approved a proposal by Jupiter Realty, Pete's Fresh Market, Paragon Real Estate and Essex Communities in late 2018 to build a new grocery store at 644 Madison St. and a senior living facility at 711 Madison St.

Benach said his company has no immediate plans for any other developments in Oak Park but noted that Lexington Homes would be interested if an opportunity presents itself.

tim@oakpark.com

  • Love the Journal?

    Become our partner in independent community journalism

    Thanks for turning to Wednesday Journal and OakPark.com. We love our thousands of digital-only readers. Now though we're asking you to partner up in paying for our reporters and photographers who report this news. It had to happen, right?

    On the plus side, we're giving you a simple way, and a better reason, to join in. We're now a non-profit -- Growing Community Media -- so your donation is tax deductible. And signing up for a monthly donation, or making a one-time donation, is fast and easy.

    No threats from us. The news will be here. No paywalls or article countdowns. We're counting on an exquisite mix of civic enlightenment and mild shaming. Sort of like public radio.

    Claim your bragging rights. Become a digital member.

    Donate Now