Second-Floor Office
New
For Lease
$20 SF/Yr
7401 Madison Street #4, Forest Park, IL 60130
The floor includes two shared restrooms, with on-street and village parking nearby.
Space SizeContact for details
Days on Market4
Property Features for 7401 Madison Street #4
General Information
Standard status
Active
Property subtype
Commercial
Space & Availability
Floor
2
Space Use
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
shared bathrooms
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 3:44PM
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.
This second-floor office unit is one of four spaces currently offered in the building. It ranks as the third-largest unit among the four and matches the size of Unit 3. Two restrooms on the floor are shared by occupants. The building dates to 1920.
At 7401 Madison Street in Forest Park’s Central Business District, the property is near shopping and restaurants, as well as I-290 and the Blue Line. On-street spaces and village parking lots provide parking options nearby.
At 7401 Madison Street in Forest Park’s Central Business District, the property is near shopping and restaurants, as well as I-290 and the Blue Line. On-street spaces and village parking lots provide parking options nearby.
Key Highlights
- Four office units are available in the building
- This unit is the third‑largest of the four and matches Unit 3 in size
- Two shared restrooms are located on the second floor
Property Analytics
Who owns this building?
See the owner, sales and loan history
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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 restrooms, with on-street and village parking nearby.
Where is this office unit located?
The property is located at 7401 Madison Street #4 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 in the building; This unit is the third‑largest of the four and matches Unit 3 in size; Two shared restrooms are located on the second floor
