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Second-Floor Office Unit
For Lease
$22 SF/Yr

7401 Madison St Unit 2, Forest Park, IL 60130

Flexible layout includes a conference or waiting room plus two smaller rooms for office or storage use.

Space SizeContact for details
Days on Market36

Property Features for 7401 Madison St Unit 2

General Information

Standard status Active

Space & Availability

Floor 2
Space Use Office
Private Offices 2
Meeting Rooms 1

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Amenities

on-street parking
village parking lots
common bathrooms

Building Details

Year Built 1920
Listing Agency: @properties Christie's International Real Estate
Listed By: Arrick Pelton
Source: Realtopiare
Added: Jul 28 Changed: Aug 30 Last Checked: Aug 31 at 6:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This second-floor office unit provides a practical multi-room layout within a four-unit office property. The space includes a conference or waiting room and two smaller rooms that can function as offices or storage areas. Two bathrooms are available for common use on the second floor.

The property is located on Madison Street in Forest Park’s Central Business District, with access to on-street parking and village parking lots. Shopping and restaurants are nearby, while the I-290 Expressway and Blue Line provide regional transportation access. The building was constructed in 1920, and four office units are available for rent.

Key Highlights

  • Second‑floor office unit with conference or waiting room
  • Two smaller rooms suitable for office or storage use
  • Two common‑use bathrooms on the second floor

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Food Market Law Firm Accounting Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby

Demographics for 60130, IL

14,346
Population
7,777
Households
1.8
Avg Household Size
42
Median Age
50%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
5,124
Density / Sq Mi
$81,323
Median Household Income
$61,518
Median Earnings
$1,352
Median Rent
$293,800
Median Home Value

Market

Lease Benchmarks for Forest Park, IL

$19.85 /SF/Yr
Avg Asking Price
$11–$39 /SF/Yr
Price Range
5,389 SF
Avg Space Size

This space is priced 11% above the average of $19.85 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible layout includes a conference or waiting room plus two smaller rooms for office or storage use.
Where is this office units located?
The property is located at 7401 Madison St Unit 2 Forest Park, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Second‑floor office unit with conference or waiting room; Two smaller rooms suitable for office or storage use; Two common‑use bathrooms on the second floor
More about this property
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