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    7736-7748 Madison St Forest Park, IL 60435

    For Sale
    Contact for pricing

    Retail strip center with diverse tenants in prime location.

    Property size:
    12,000 SF
    Lot size:
    0.43 Acres

    Property Features for 7736-7748 Madison St

    General Information

    Size
    12,000 SF
    Lot size
    0.43 Acres

    Source: SVN | Chicago Agent Karen Kulczycki, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Center For Sale

    This retail strip center offers approximately 12,000 square feet of space on a 0.43-acre lot. The property features 7 units and is 90% leased. It is situated in a prime location at the border of Forest Park and River Forest, approximately 1.5 miles southwest of downtown Oak Park. The property benefits from high visibility and ample parking for customers. The tenant mix includes food service, fitness, medical, spa, and a retail garden center.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Will
    State
    Illinois
    Longitude
    -88.1346333
    Latitude
    41.5357856

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    FAQs

    What type of property is this?
    Strip mall - Retail strip center with diverse tenants in prime location.
    Where is this strip mall located?
    The property is located at 7736-7748 Madison St Forest Park, IL.
    What are key features of this property?
    This property features: - 90% leased retail strip center offering a steady income stream.; - Boasting ±12,000 SF of retail space.; - Prime location at the Forest Park/River Forest border.
    (630) 330-3352
    Request Owner's contact information
    7736-7748 Madison St Forest Park, IL 60435
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    Forest Park, IL 60435
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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
    7736-7748 Madison St Forest Park, IL 60435
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