4. 7321 Madison Street Forest Park, Illinois 60130
Active @properties exclusive

7321 Madison Street

Forest Park, Illinois 60130

Michael Levin
773.772.0200
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$4,600,000


Square Footage
23,900

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Property Type
Commercial / Mixed Use
Neighborhood
Forest Park


Here is your opportunity to acquire a fully leased, Multi-tenant investment property in the heart of downtown Forest Park. Very stablized asset that provides an investor a turn-key investment that has many long term tenants in place with a strong rental history. These include Jimmy John's, which has been in the building for 16 years and this location is one of the best producing locations for its franchisee. An IT consulting firm began in the building in 2009 and has expanded within the building over the past 10 years. Healy's West Side is a neighborhood institution with over 20+ years in Forest Park. Yo Taco is a mexican restaurant that will be open in July.

The Details


Full Features
Built: 1926
Cooling System: Central Air
Stories: 2
Roof: Membrane,Reflective Coating
Current Use: Commercial, Office and Research
Potential Use: Commercial, Condominium, Office and Research, Retail
Zoning: COMMR
# of Offices: 1
Building Square Feet: 23,900
Current Net Income: $31,205
School District(s): Forest Park SD 91, Proviso Twp HSD 209


Taxes & Assessments
Taxes: $96,803

Listing information updated today (12/13/2019)

The Neighborhood

Forest Park photo


Forest Park

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…

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Public Transit

Nearby Public Transportation

CTA Rail

at Harlem (0.48 miles away), Harlem/Lake

Metra
Union Pacific West, Milwaukee District West

at Oak Park (0.62 miles away), Oak Park Metra



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7321 Madison Street Forest Park, Illinois 60130 is a commercial / mixed use currently listed at $4,600,000. This commercial / mixed use has been listed on @properties since June 9th, 2019 and was built in 1926. Nearby schools include Betsy Ross Elementary School, Field Stevenson Elementary School, Garfield Elementary School. The nearest transit stops include Harlem CTA Blue line, Union Pacific West Oak Park. Want to learn more about 7321 Madison Street Forest Park, Illinois 60130? Contact an @properties agent to request more info.