7353 Madison Street Forest Park, IL $ 795,000
7353 Madison Street
$ 795,000
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7353 Madison Street

Forest Park, IL, 60130
$ 795,000
Bedrooms-- Baths-- Sq 4,275

Monthly Estimate*

$ 4,895

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Commercial Property for sale in Forest Park, IL

for $795,000. This 4,275 square foot building was built in 1906 on a lot size of 0.07174.

Premier Madison Street mixed-use building in the heart of Forest Park. Fabulous & vibrant Madison Street location offers high visibility & high foot traffic. First floor is currently a long-time local restaurant & bar with hardwood flooring, exposed brick walls, large bar & professional kitchen. Second floor currently has two apartments. There is a large private deck for the rear apartment. Outdoor front patio area is a crowd pleaser! There is a partial basement for storage. Convenient alley access for deliveries. $4000/mo lease is for the 1st floor space only.

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Commercial Active

Price

$ 795,000

Property Type

Commercial

Taxes

$ 18,984

Style

Lot Size

0.07174

Year Built

1906

Town/City

Forest Park

County/Region

Cook

MLS | Web ID

12464372

Features
General
Cooling Central Air Exhaust Fan Window Unit(s)
Zoning COMMR
Construction Materials Brick
Year Built 1906
Electric Circuit Breakers
Stories Count 2
Township Proviso
Property Subtype Mixed Use
Tax Year 2024
Gross Income 33600
County Cook
Insurance Expense 1000
Property Type Commercial Sale Mixed Use
Status New
Directions Harlem to Madison west to 7353 Madison.
City Forest Park
Number Of Units Total 3
MLS Area Forest Park
Lot Size Square Feet 3125
Tax Annual Amount 18984.7
Electric Expense 700
Fuel Expense 450
Trash Expense 125
Water Sewer Expense 300
Additional Parcels Y/N N
Standard Status Active
Total Actual Rent 4000
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Exterior
Building Area Total 4275
Lot Dimensions 27x127
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* Excluded Features
List By
P.M. Walsh & Co.

Broker

taggerob@comcast.net

Email

Affordability Calculator

$6,477
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,895
Monthly Property Taxes
$1,582
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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$795,000 Listed Price

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7353 Madison Street, Forest Park, IL, 60130 is a Commercial Property for sale at $795,000 with 4,275 sqft and a lot size of 0.07174. 7353 Madison Street was built in 1906. The property's zip code is 60130 which is in Forest Park, IL