Second-Floor Office
For Lease
$22 SF/Yr
7401 Madison St Unit 4, Forest Park, IL 60130
Office suite within a four-unit property, with shared restrooms and access to nearby public parking.
Space SizeContact for details
Days on Market44
Property Features for 7401 Madison St Unit 4
General Information
Standard status
Active
Space & Availability
Floor
2
Space Use
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Year Built
1920
Listing Agency:
@properties Christie's International Real Estate
(708) 246-0500
Listed By:
Arrick Pelton
Source:
Amyboston.realtopiare
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 30 at 8:41PM
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.
Unit 4 is an office unit on the second floor of a 1920 building in Forest Park’s Central Business District. The property offers four rental units, with this suite ranking third in size and matching Unit 3. Two common-use bathrooms are located on the same floor.
The building fronts Madison Street and is served by on-street parking and village parking lots. Shopping and restaurants are nearby, while access to the I-290 Expressway and Blue Line supports regional connectivity.
The building fronts Madison Street and is served by on-street parking and village parking lots. Shopping and restaurants are nearby, while access to the I-290 Expressway and Blue Line supports regional connectivity.
Key Highlights
- Unit 4 office space on the second floor
- One of 4 rental units in the property
- Third largest unit; same size as Unit 3
Property Analytics
Property Profile
Current Use
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
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
Market
Lease Benchmarks for Forest Park, IL
$19.85 /SF/Yr
Avg Asking Price
$11–$39 /SF/Yr
Price Range
5,389 SF
Avg Space Size
This space is priced 11% above the average of $19.85 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Office suite within a four-unit property, with shared restrooms and access to nearby public parking.
Where is this office units located?
The property is located at 7401 Madison St Unit 4 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: Unit 4 office space on the second floor; One of 4 rental units in the property; Third largest unit; same size as Unit 3
