1. Home
  2. > Search
  3. > Homes for Sale in Forest Park
  4. > 7240 Madison Street, Forest Park, IL 60130
$550,000
7,425
square ft

7240 Madison Street
Forest Park, Illinois 60130

Closed / MLS #12040874 / Commercial / Mixed Use / Forest Park
Listing information updated 8/30/2024 at 3:03pm
OWNER OF ARCHERY STORE IS RETIRING...Investment opportunity on vibrant Madison Street in the business district. Conscientious owner diligently maintained building and property. Street level storefront extends the entire lot. Second floor includes a huge sundrenched 2-bedroom apartment (1,700 sqft) and is easy to rent. An additional 1,725sqft on 2nd floor is currently part of commercial use. Attached deep 2 car heated garage and loads of storage. New boiler was installed on the 1st floor & furnace on the 2nd floor (2022). High visibility and lots of foot traffic. Currently, property is operating as a longtime archery store & range. Please contact listing agent for details and do not disturb clientele.
Built:
1914
Cooling System:
Central Air,Window Unit(s)
Stories:
1
Current Use:
Commercial
Potential Use:
Commercial, Condominium, Office and Research, Retail
# of Offices:
1
Building Square Feet:
7,425
Tax Amount:
$15,834
Tax Year:
2021
Zip Code:
60130
City:
Forest Park
County:
Cook

Listing Office: Michals Realty, Inc

Listing Office Phone: 708.447.9950

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/30/2024 at 3:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Forest Park, IL

It’s not easy appealing to city lovers and suburbanites alike. Somehow the Village of Forest Park manages to offer residents the best of both worlds with its easy city access and small-town sense of community. Known for its award-winning dining scene, Forest Park has been voted by readers of the C...

CTA

CTA
Blue line at Harlem
CTA
Green line at Harlem/Lake

Metra

Metra
Milwaukee District West line at Oak Park Metra
Metra
Union Pacific West line at Oak Park
$340,693
Average Sale Price
47
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 7240 Madison Street, Forest Park, IL 60130
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 7240 Madison Street, Forest Park, IL 60130

Like the area?

More homes for sale near 7240 Madison Street, Forest Park, IL 60130

New Listings in Forest Park, IL

Recently Sold Homes in Forest Park, IL

Nearby Homes for Sale

7240 Madison Street, Forest Park, IL 60130 is a commercial / mixed use which sold for $550,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since April 27th, 2024 and was built in 1914. The nearest transit stops include Harlem CTA Blue line and Oak Park Metra Union Pacific West line.

Mortgage Calculator