Forest Park, IL 60130,7605 Madison ST
Forest Park, IL 60130,7605 Madison ST
Forest Park, IL 60130,7605 Madison ST
Forest Park, IL 60130,7605 Madison ST
Forest Park, IL 60130,7605 Madison ST
Forest Park, IL 60130,7605 Madison ST
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$815,000

$899,000

9.3%
Est.Price: ?

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Est. payment /mo

7,310 SqFt


SOLD DATE : 05/06/2025

Key Details

Sold Price $815,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,310 sqft

Price per Sqft $111

MLS Listing ID 12144967

Sold Date 05/06/25

Year Built 1888

Annual Tax Amount $19,567

Tax Year 2023

Lot Dimensions 50X118X58X49X19X165

Property Sub-Type Mixed Use

Property 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.

Location

State IL

County Cook

Area Forest Park

Zoning COMMR

Interior

Cooling Central Air, Office Only, Window Unit(s)

Flooring Carpet, Tile, Wood, Other

Fireplace N

Exterior

Roof Type Reflective Coating,Rubber

Building

Level or Stories 2

Structure Type Brick,Vinyl Siding

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Midwest Real Estate Data (MRED) IDX
Listed by Laura Maychruk • Laura Maychruk Real Estate
Bought with Exclusive Agency • NON MEMBER
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1941 N Elston Ave, Chicago, IL, 60642, USA

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