Address
7349 Madison Street # G, Forest Park, IL
Price
$ 595,000
Property Attributes
- MLS#12640279
- TypeCommercial
- Listing Status Contingent
- CountyCOOK
- CityForest Park
- AreaForest Park
- Zip60130
- StyleCommercial,Condominium
- Year Built1915
- Taxes$ 7277
- Price$ 595,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage12500
- Lot Size0.07174 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
WOW!! ATTENTION ALL WHAT A GREAT PRICE REDUCTION FOR THIS CENTERALIZED LOCATED PROPERTY. WHICH IS A GREAT INVESTMENT OPPORTUNITY ON MADISON STREET IN THIS DOWN TOWN BUSINESS DISTRICT. THIS DISTRICT IS DESIGNED FOR MIXED-USE, PEDESTRIAN-ORIENTED COMMERCIAL. ALLOWED USE INCLUDE: RETAIL, RUSTAURANTS, BARS, CAFES, UPPER-FLOOR RESIDENTIAL, OFFICES, BOUTIQUE COMMERCIAL, MIXED-USE BUILDIGS. 4580SQFT OF STORE FRONT THAT IS CURRENTLY BEING USED AS A RETAIL STORE, WHICH INCLUDES THE FINISHED BASEMENT AREA.SEPERATELY ZONED HEATING AND COOLING. GROUND LEVEL HAS HARDWOOD FLOORS,BATHROOM AND A KITCHEN WITH HIGH CEILINGS AND LOTS OF STORAGE. LOWER LEVEL ALSO HAS A BATHROOM AND UTILITY ROOM AND ADDITIONAL STORAGE. THIS PROPERTY IS IN AN AMAZING LOCATION WITH GREAT CURB APPEAL. MAKE IT YOUR'S ,MANY POSSIBILITIES AWAIT.THERE IS AMPLE STREET AND VILLAGE PARKING. SURROUNDED BY A VARIETY OF DINING,SHOPPING AND LOTS OF ENTERTAINMENT EXPERIENCES FOR YOUR ENJOYMENT. EASY ACCESS TO EXPRESSWAY,PUBLIC TRANSPORTATION AND THE TRAIN.THE PRESENT OWNER SAID IT IS TIME TO MOVE ON TO OTHER VENTURES SO SELL. SO COME SEE THE SPACE MAKE AN OFFER AND YOU COULD BE THE OWNER OF THIS AMAZING LOCATION AND SPACE.
| Price History | |
|---|---|
| 5/6/2026 | Listed $595,000 |
General Features
| Cooling | Central Air,Zoned |
|---|---|
| Utilities | Electric to Site,Natural Gas Available,Sewer Connected,Water Available |
| Possession | Closing,Negotiable |
| Roof | Rubber |
| Zoning | RTAIL |
| Construction Materials | Brick |
| Year Built | 1915 |
| Electric | Circuit Breakers |
| Tenant Pays | Air Conditioning,Electricity,Heat,Taxes,Insurance,Repairs |
| Stories Count | 3 |
| Township | Proviso |
| Unit Number | G |
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Current Use | Commercial,Condominium,Other |
| Assoc Fee Paid Per | Not Applicable |
| County | Cook |
| Operating Expense | 17495 |
| Insurance Expense | 1156 |
| Property Type | Commercial Sale |
| Contingency | Attorney/Inspection |
| Status | Contingent |
| Directions | 3 blocks west of Harlem on Madison Street |
| City | Forest Park |
| MLS Area | Forest Park |
| Lot Size Square Feet | 3125 |
| Tax Annual Amount | 7277.08 |
| Electric Expense | 1699 |
| Fuel Expense | 1603 |
| Additional Parcels Y/N | No |
| Lease Type | N/A |
| Standard Status | Active Under Contract |
| Property Type | Retail/Stores |
Interior Features
| Flooring | Concrete,Wood |
|---|
Exterior Features
| Water Source | Municipal Water |
|---|---|
| Foundation Details | Concrete Perimeter |
| Building Area Total | 12500 |
| Lot Dimensions | 25 X 125 |
| BuyerOfficeFax | (708) 386-9922 |
| Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60130
Price
Taxes
Year Built
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than eXp Realty in Illinois may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 25, 2026 2:41 AM UTC 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.
Data is updated as of September 25, 2026 2:41 AM UTC
