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Office Suite with Conference Room
New
For Lease
$20 SF/Yr

7401 Madison Street #2, Forest Park, IL 60130

Second-floor space includes two additional rooms and access to shared restrooms.

Space SizeContact for details
Days on Market4

Property Features for 7401 Madison Street #2

General Information

Standard status Active
Property subtype Commercial

Space & Availability

Floor 2
Space Use Office
Meeting Rooms 1

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Amenities

bathrooms
Central air
Central Air Cooling

Building Details

Year Built 1920
Listing Agency: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed By: ARRICK PELTON
Source: Corcoran
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 2:50PM

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

Rey
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Investment Insights

Based on property information with market context.

This second-floor office suite offers a conference or waiting area plus two smaller rooms suitable for offices or storage. Two bathrooms on the floor are shared among occupants. The suite is the second largest among four available office units in the building, constructed in 1920.

The property is on Madison Street in Forest Park’s Central Business District. Nearby amenities include shopping and restaurants, with access to I-290 and the Blue Line. On-street parking and village parking lots serve the area.

Key Highlights

  • Second‑floor suite with conference or waiting area and two smaller rooms
  • Second largest of four office units available in the building
  • Two shared bathrooms on the second floor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Restaurant Electrical Service Furniture & Home Goods Garden Center

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

826
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

$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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor space includes two additional rooms and access to shared restrooms.
Where is this office unit located?
The property is located at 7401 Madison Street #2 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: Second‑floor suite with conference or waiting area and two smaller rooms; Second largest of four office units available in the building; Two shared bathrooms on the second floor
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