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

7401 Madison St Unit 2, Forest Park, IL 60130

Includes a conference or waiting room, two smaller rooms, and shared second-floor restrooms.

Space SizeContact for details
Days on Market12

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
Public Transit Yes

Building Details

Year Built 1920
Listing Agency: @properties Christie's International Real Estate
Listed By: Arrick Pelton
Source: Grandviewrealtyservices
Added: Sep 14 Changed: Sep 15 Last Checked: Sep 24 at 1:31PM

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 is part of a four-unit office offering and is the second largest of the available spaces. The layout includes a conference or waiting room, along with two smaller rooms suitable for office or storage use. Two bathrooms serve the second floor on a common-use basis.

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 additional transportation access. The building was constructed in 1920.

Key Highlights

  • Second‑floor office unit within a four‑unit offering
  • Conference or waiting room included
  • Two smaller rooms for office or storage use

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility Hotel & Motel

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
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Forest Park, IL

$22.67 /SF/Yr
Avg Asking Price
$11–$39.14 /SF/Yr
Price Range
9,529 SF
Avg Space Size

This space is priced 3% below the average of $22.67 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Includes a conference or waiting room, two smaller rooms, and shared second-floor restrooms.
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 within a four‑unit offering; Conference or waiting room included; Two smaller rooms for office or storage use
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message