7441 Madison Street Forest Park, IL $ 450,000
7441 Madison Street
$ 450,000
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7441 Madison Street

Forest Park, IL, 60130
$ 450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,807

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Commercial Property for sale in Forest Park, IL

for $450,000. This building was built in 1931 on a lot size of 0.068871.

PRICE ADJUSTED - PRICED TO SELL! Make it your Christmas gift or Investment! Forest Park's Hottest Corridor-Prime Commercial Space Available. Make it yours!! High-visibility Storefront in the Heart of Forest Park. Where foot traffic meets opportunity. Located in the heart of Forest Park's vibrant Madison Street corridor, this versatile mixed-use commercial property offers approx. 3,000 sq. ft. of highly visible space. Expansive storefront windows flood the interior with natural light while showcasing unbeatable street exposure-perfect for attracting both foot and drive-by traffic. The property features a fully built-out layout, a welcoming front dining or retail area, a central section with a full bathroom-ideal for office space-and a rear area perfectly suited for storage, a small workshop, or additional service/retail use. A designated private parking space, convenient rear delivery access, and flexible zoning that accommodates restaurants, retail, or mixed commercial use. Set in a lively corridor of shops, dining, and new developments, this location offers strong demographics, reliable pedestrian flow, and easy transit connections. A rare opportunity to secure a premier location in one of the area's most sought-after commercial districts-ideal for entrepreneurs, investors, or business owners looking to establish a lasting presence. Schedule your showing today!!

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 22,030

Style

Commercial

Lot Size

0.068871

Year Built

1931

Town/City

Forest Park

County/Region

Cook

MLS | Web ID

12453771

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1931
Electric Circuit Breakers
Stories Count 1
Property Subtype Mixed Use
Tax Year 2023
Current Use Commercial
Gross Income 6200
County Cook
Insurance Expense 225
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status Active
Directions Madison St between Harlem Ave and Des Plaines Ave.
City Forest Park
Number Of Units Total 1
MLS Area Forest Park
Lot Size Square Feet 3000
Tax Annual Amount 22030.18
Electric Expense 150
Fuel Expense 100
Trash Expense 50
Water Sewer Expense 125
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Brick/Mortar
Lot Dimensions 50X60
Frontage Type City Street
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* Excluded Features
List By
Beaulieu Real Estate

Broker

realtorsoniabriseno@gmail.com

Email

Affordability Calculator

$4,643
Per Month
60%
40%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$1,836
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/29/2025$450,000 -18.17% Price Down
9/22/2025$549,900 -7.58% Price Down
8/28/2025$595,000 -3.25% Price Down
8/23/2025$615,000 Listed Price

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7441 Madison Street, Forest Park, IL, 60130 is a Commercial Property for sale at $450,000 with a lot size of 0.068871. 7441 Madison Street was built in 1931. The property's zip code is 60130 which is in Forest Park, IL