7441 Madison Street Forest Park, IL $ 360,000
7441 Madison Street
$ 360,000
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7441 Madison Street

Forest Park, IL, 60130
$ 360,000
Bedrooms-- Baths-- Sq 3,000

Monthly Estimate*

$ 2,273

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Commercial Property for sale in Forest Park, IL

for $360,000. This 3,000 square foot building was built in 1931 on a lot size of 0.068871.

PRICED TO SELL! 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. 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, 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. Property is being sold as-is condition, priced to sell. Do not miss this opportunity!

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Commercial Contingent

Price

$ 360,000

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

12711247

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1931
Electric Circuit Breakers
Stories Count 1
Property Subtype Restaurant
Tax Year 2023
Current Use Commercial
Gross Income 6200
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 0
Insurance Expense 225
Property Type Commercial Sale Retail/Stores
Contingency Short Sale
Status Contingent
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
Leasable Area 0
Standard Status Active Under Contract
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Exterior
Foundation Details Brick/Mortar
Building Area Total 3000
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

$4,109
Per Month
55%
45%
0%
Monthly Principal & Interest
$2,273
Monthly Property Taxes
$1,836
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2026$360,000 Listed Price

Map


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7441 Madison Street, Forest Park, IL, 60130 is a Commercial Property for sale at $360,000 with 3,000 sqft and 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