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    7525 Madison Ave Forest Park, IL 60130

    Sponsored
    For Sale
    $4,500,000

    LAND - Forest Park, IL

    Days on Market:
    2
    Last Refresh:
    Jan 8 at 2:06 pm

    Property Features for 7525 Madison Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    05321150060000

    Utilities

    Utilities
    Natural Gas Available

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Barry Newman (847) 921-1666

    Listing date Jan 7, 2026

    MLS# 12538779 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Redevelopment Opportunity in Forest Park

    This property presents an incredible redevelopment or investment opportunity, featuring a single-story former bank spanning over 38,000 sq. ft. with a dedicated drive-thru, accompanied by an adjacent restaurant. The property includes a massive basement, offering excellent accessibility and potential indoor parking for 100+ cars. Positioned on a high-traffic corridor, the site is surrounded by popular shops, restaurants, and specialty stores. The zoning is COMMR. This location is ideal for a luxury residential rental development or a mixed-use project. The separate restaurant adds immediate value or leasing potential. This property offers endless potential for developers or investors seeking visibility and scale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Forest Park
    County
    Will
    State
    Illinois
    Longitude
    -87.813408
    Latitude
    41.879692

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    FAQs

    What type of property is this?
    Bank - Single-story former bank and adjacent restaurant on high-traffic corridor.
    Where is this bank located?
    The property is located at 7525 Madison Ave Forest Park, IL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Over 38,000 sq. ft. single-story building on a high-traffic corridor.; - Massive basement with potential indoor parking for 100+ cars.; - Dedicated drive-thru and adjacent restaurant included.
    (847) 921-1666
    Request Owner's contact information
    7525 Madison Ave Forest Park, IL 60130
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    Forest Park, IL 60130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7525 Madison Ave Forest Park, IL 60130
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