7405 Madison St - Storefront Retail/Residential FOR SALE


Forest Park, IL 60130
$879,000 USD
312-506-0250
7405 Madison St, Forest Park, IL for Sale
$879,000 USD
Storefront Retail/Residential - FOR SALE
1/31
null | Request Cap Rate

NEW


7405 Madison St
Forest Park, IL 60130


OVERVIEW

Prime Madison Street Mixed-Use Building in the Heart of Forest Park Incredible investment opportunity in a high-visibility, high-foot-traffic location on vibrant Madison Street. This well-maintained mixed-use building features a first-floor retail space with soaring floor-to-ceiling windows, exposed brick walls, and a striking ultra-modern glass entry door-currently home to a successful flower and home goods shop with ample office and storage space. Above, a spacious and recently updated 3-bedroom, 1.1-bath apartment offers excellent rental income or live-work potential. Highlights include a private balcony and outdoor space, tons of storage, updated kitchen and baths, and generous natural light throughout. Additional perks include 4 private parking spaces, basement storage, and alley access. This property is perfectly situated among popular restaurants, coffee shops, boutiques, and specialty retail, making it an ideal location for both commercial success and residential appeal. A rare Forest Park find for entrepreneurs, investors, or anyone looking to be in the heart of it all.

FOR SALE DETAILS

PRICE

$879,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

B1, Forest Park

APN/PARCEL ID

15-12-433-027-0000

ASK ABOUT THIS PROPERTY

Dan Stratis@properties CommercialMore Info
312-506-0250

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Dan Stratis@properties CommercialMore Info
312-506-0250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.