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Turnkey Restaurant Space with Patio
For Lease
$30 SF/Yr

7353 Madison St, Forest Park, IL 60130

Second-generation buildout with a commercial kitchen, private dining, and a front patio—ready for an operator to open quickly.

Space Size3,000 SF
Property Size4,275 SF
Days on Market55

Property Features for 7353 Madison St

General Information

Standard status Active
Size 3,000 SF
Property subtype Retail
Lease Type SF/yr
Lease Term NN

Additional Details

Business Included Yes

Building Details

Building Size 4,275 SF
Year Built 1905

Spaces For Lease

at 7353 Madison St Contact us

Restaurant Opportunity – 7353 Madison Street, Forest Park, IL $30/SF/Yr

Size
3,000 SF
Type
Restaurant
Term
60 months
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Marcus Sullivan · License #475139568
Source: Svn
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 10 at 3:57AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This fully built-out second-generation restaurant space offers an operator-ready layout with existing infrastructure throughout. The space includes a bright main dining room with abundant natural light, a well-appointed bar and seating area, and a private rear dining room suited for events or overflow seating. A full commercial kitchen is in place, supported by a full basement for storage and refrigeration/operational needs.

Located at 7353 Madison St in Forest Park, the property sits in the heart of the Madison Street dining district. The setting is surrounded by a mix of restaurants, bars, retailers, and neighborhood amenities, supporting walk-in traffic driven by nearby retail and dining activity. The building also includes a large outdoor patio/dining area at the front of the building.

For a tenant looking for a functional, turnkey restaurant environment, the combination of an in-place kitchen, dedicated private dining, and additional storage/refrigeration in the basement can reduce upfront buildout time. The front patio provides an additional service and seating area, while the overall dining layout supports both everyday service and group events within the same footprint.

Key Highlights

  • Approximately 3,000 SF second‑generation restaurant space with existing infrastructure in place
  • Includes a full commercial kitchen and operational support areas
  • Bright main dining room with abundant natural light plus an attractive bar and seating area

Property Analytics

Current Use

Conventional restaurants

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

Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,378
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 10% Apparel 3% Beauty & Spa 2%
McDonald's Dining
23,324 visits/mo 0.1 miles
Starbucks Dining
7,010 visits/mo 0.5 miles
Citgo Shops & Services
4,389 visits/mo 0.5 miles
SUBWAY Dining
3,827 visits/mo 0.3 miles
Domino's Pizza Dining
1,799 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Harvest 365 Restaurant & Fresh Grill 7610 Roosevelt Rd Suite 120, Forest Park, IL 60130

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation buildout with a commercial kitchen, private dining, and a front patio—ready for an operator to open quickly.
Where is this conventional restaurant located?
The property is located at 7353 Madison St Forest Park, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Approximately 3,000 SF second‑generation restaurant space with existing infrastructure in place; Includes a full commercial kitchen and operational support areas; Bright main dining room with abundant natural light plus an attractive bar and seating area
More about this property
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