Second-Floor Office
New
For Lease
$20 SF/Yr
7401 Madison Street #3, Forest Park, IL 60130
The floor includes two shared bathrooms, with street parking and village lots serving the property.
Space SizeContact for details
Days on Market4
Property Features for 7401 Madison Street #3
General Information
Standard status
Active
Property subtype
Commercial
Space & Availability
Floor
2
Space Use
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1920
Listing Agency:
@PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
(708) 246-0500
Listed By:
ARRICK PELTON
(708) 288-9992
Source:
Corcoran
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 3:25PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-floor office unit is part of a four-unit offering in a building constructed in 1920. Unit 3 is the third-largest of the available spaces and matches unit 4 in size. Two bathrooms on the floor are shared by occupants.
The property is on Madison Street in Forest Park’s Central Business District. Shopping, restaurants, I-290 Expressway and the Blue Line are nearby, with on-street parking and village lots in the area.
The property is on Madison Street in Forest Park’s Central Business District. Shopping, restaurants, I-290 Expressway and the Blue Line are nearby, with on-street parking and village lots in the area.
Key Highlights
- Four office units are available; unit 3 is third‑largest and matches unit 4 in size
- Two shared bathrooms are located on the second floor
- Madison Street address 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
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 - The floor includes two shared bathrooms, with street parking and village lots serving the property.
Where is this office unit located?
The property is located at 7401 Madison Street #3 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: Four office units are available; unit 3 is third‑largest and matches unit 4 in size; Two shared bathrooms are located on the second floor; Madison Street address in Forest Park’s Central Business District
