Forest Park Office Space
For Lease
$22 SF/Yr
7401 Madison Street #4, 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 #4
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 19
Last Checked: Aug 20 at 4:39AM
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.
This second-floor office space is available for rent in the Central Business District of Forest Park. The property is located on Madison Street, offering convenient access to on-street parking and village parking lots. Its location provides proximity to shopping, restaurants, the I-290 Expressway, and the Blue Line. There are a total of four units available for rent. There are two bathrooms on the second floor for common use.
Key Highlights
- Prime location in the Central Business District of Forest Park on Madison Street.
- Convenient access to shopping, restaurants, I‑290 Expressway, and the Blue Line.
- Ample on‑street and village parking lots available.
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 #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: Prime location in the Central Business District of Forest Park on Madison Street.; Convenient access to shopping, restaurants, I‑290 Expressway, and the Blue Line.; Ample on‑street and village parking lots available.
