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7521 Madison Street Forest Park, IL $ 4,500,000
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$ 4,500,000 Get more info
7521 Madison Street
$ 4,500,000
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7521 Madison Street

Forest Park, IL, 60130
$ 4,500,000
Baths0.0

Monthly Estimate*

$ 27,707

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Studio

Lots and Land for sale in Forest Park, IL

for $4,500,000.

Incredible Redevelopment or Investment Opportunity! Over 38,000 sq. ft. single-story former bank with dedicated drive-thru and adjacent restaurant. Massive basement offers excellent accessibility and potential indoor parking for 100+ cars. Positioned on a high-traffic corridor surrounded by popular shops, restaurants, and specialty stores. Ideal site for a luxury residential rental development or mixed-use project. The separate restaurant adds immediate value or leasing potential. A rare chance to transform a prime location into something extraordinary-endless potential for developers or investors seeking visibility and scale.

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Lots and Land Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 68,000

Style

Commercial

Town/City

Forest Park

County/Region

Cook

MLS | Web ID

12538779
Features
General
Utilities Electric to Site Natural Gas Available
Possession Closing
Zoning COMMR
Township Proviso
Tax Year 2024
Current Use Commercial
Ownership Fee Simple
County Cook
Property Type Land Land
Status New
Directions SouthEast Corner of Madison & Des Plaines
City Forest Park
High School District 209
MLS Area Forest Park
Tax Annual Amount 68000
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 91
Elementary School District 91
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Interior
Basement Cellar
Total Baths 0
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Exterior
Total Parking 0
Lot Dimensions 108x150x157x182
Road Surface Type Concrete
Frontage Length 108
Frontage Type City Street
Waterfront Y/N N
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* Excluded Features
List By
Exp Realty

Broker

barrynewman16666@gmail.com; barry.newman@exprealty.com

Email

Affordability Calculator

$33,374
Per Month
83%
17%
0%
Monthly Principal & Interest
$27,707
Monthly Property Taxes
$5,667
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
564958 Elementary School
567770 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/7/2026$4,500,000 Listed Price

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7521 Madison Street, Forest Park, IL, 60130 is a Lots and Land for sale at $4,500,000. 7521 Madison Street is a studio with 0.0 baths. The property's zip code is 60130 which is in Forest Park, IL

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