Forest Park Office Space
For Lease
$22 SF/Yr
7401 Madison Street #1, Forest Park, IL 60130
Second-floor office space in Forest Park's Central Business District.
Space SizeContact for details
Days on Market197
Property Features for 7401 Madison Street #1
General Information
Standard status
Active
Property subtype
Commercial
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
Source:
Corcoran
Added: Feb 5
Changed: Aug 20
Last Checked: Aug 20 at 5:38AM
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.
Located in the Central Business District of Forest Park, this second-floor office space is available for rent. Situated on Madison Street, the property benefits from on-street parking and village parking lots. Its location provides convenient access to shopping, restaurants, the I-290 Expressway, and the Blue Line. The available space is the largest of four units. There are two bathrooms on the second floor for common use. The current tenant's lease ends on 2/28/2026.
Key Highlights
- Largest of 4 available units.
- Prime location in the Central Business District of Forest Park.
- Convenient access to shopping and restaurants.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /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
Market
Lease Benchmarks for Forest Park, IL
$24.22 /SF/Yr
Avg Asking Price
$15–$39.14 /SF/Yr
Price Range
5,635 SF
Avg Space Size
This space is priced 9% below the average of $24.22 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office space in Forest Park's Central Business District.
Where is this office units located?
The property is located at 7401 Madison Street #1 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: Largest of 4 available units.; Prime location in the Central Business District of Forest Park.; Convenient access to shopping and restaurants.
