$899,000
( $122.98Per Sq Foot )
 $4,826 est/mo Sourced by Back At You

7605 Madison Street , Forest Park, IL 60130

Forest Park, IL 60130

Share with a friend

Description

Incredible opportunity!! 3 storefronts + 3 apartments + garage + parking-- All in downtown Forest Park! This building is situated at a busy intersection with 10,000+ vehicle traffic per day. Tons of on-street parking and next to a municipal parking lot. 4 leases in place, 1 storefront available for an owner occupant. There are 2-2 bedroom apartments and 1-1 bedroom apartment on the 2nd floor. All tenants have separate electric and gas. Downtown zoning--perfect for restaurants, bars, retail and service businesses. Great cash flow from day 1 with an opportunity for growth! Join the vibrant businesses within the Forest Park Main Street including major chains --Starbucks, Dominos, Duncan Donuts and local favorites like Starship, Piacere Mio, Robert's Westside, O'Sullivans, Jimmy's and more!! Also, major development is planned just to the west of this location along Madison St. Long time owner has maintained the property well but property is being sold AS IS. Municipal compliance inspection complete.

Details

MLS#12144967
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive Under Contract
Year1888
Days On Site175
Listing Provided ByLaura Maychruk Real Estate | Laura Maychruk

Features

SQ Feet7,310
Story(s)2
Units6
ZoningCOMMR

Market Activity 60130

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 4 minutes ago

Contact

Learn More About This Property

StateIL
CountyCook
CityForest Park
Zip Code60130
AreaForest Park
Listing VS Median (in 60130)
Price:
$899,000
low | high
Med:
$285,000
100% of Average
SqFt:
7,310
low | high
Med:
1,400
100% of Average
$ / SqFt:
$123
low | high
Med:
$204
15.529159383442% of Average
On Site:
175
low | high
Med:
19.000000
100% of Average
Sourced by Back At You
Listing Updated: January 11, 2025 at 9:23:10 PM PST