Second-Floor Office
New
For Lease
$20 SF/Yr
7401 Madison Street Unit 1, Forest Park, IL 60130
This unit is the largest of four and has access to two shared restrooms on its floor.
Space SizeContact for details
Days on Market4
Property Features for 7401 Madison Street Unit 1
General Information
Standard status
Active
Property subtype
COMMERCIAL
Space & Availability
Floor
2
Space Use
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
@properties Christie's International Real Estate
Listed By:
Arrick Pelton
(708) 288-9992
Source:
Dawnmckennagroup
Added: Oct 29
Changed: Oct 31
Last Checked: Oct 30 at 3:16PM
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
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Investment Insights
Based on property information with market context.
The second-floor office unit is the largest of four units offered at the property. Two restrooms on the floor serve tenants in common. The existing tenant’s lease is scheduled to end on February 28, 2026.
The property is on Madison Street in Forest Park’s Central Business District. On-street spaces and village parking lots are available nearby, with shopping, restaurants, I-290 and the Blue Line also in the surrounding area.
The property is on Madison Street in Forest Park’s Central Business District. On-street spaces and village parking lots are available nearby, with shopping, restaurants, I-290 and the Blue Line also in the surrounding area.
Key Highlights
- Largest of 4 office units available at the property
- Two shared restrooms on the second floor
- On Madison Street in Forest Park’s Central Business District
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Forest Park, IL
$21.14 /SF/Yr
Avg Asking Price
$11–$39.14 /SF/Yr
Price Range
7,534 SF
Avg Space Size
This space is priced 5% below the average of $21.14 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - This unit is the largest of four and has access to two shared restrooms on its floor.
Where is this office unit located?
The property is located at 7401 Madison Street Unit 1 Forest Park, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Largest of 4 office units available at the property; Two shared restrooms on the second floor; On Madison Street in Forest Park’s Central Business District
