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Ground-Floor Retail Space
For Lease
$30 SF/Yr

7405 Madison St, Forest Park, IL 60130

Open customer area with dedicated office, storage, tall ceilings, and delivery access through the alley.

Space SizeContact for details
Days on Market84

Property Features for 7405 Madison St

General Information

Standard status Active

Building Details

Year Built 1916
Listing Agency: @properties Commercial
Listed By: Dan Stratis · License #471015636
Source: Grandviewrealtyservices
Added: Jul 26 Changed: Oct 16 Last Checked: Oct 16 at 12:20PM

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 Commercial

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Investment Insights

Based on property information with market context.

This 1,845-square-foot ground-floor retail space at 7405 Madison St includes an open sales area, dedicated office, and storage. Floor-to-ceiling windows bring natural light into the storefront, while exposed brick walls and a modern glass entry door add distinctive interior elements. The property was built in 1916 and also offers high ceilings and basement storage.

Two private parking spaces are included, with alley access available for deliveries. The space is situated along Madison Street in Forest Park’s Madison Street Corridor, surrounded by restaurants, coffee shops, boutiques, and specialty retailers. Its configuration combines customer-facing retail space with separate work and storage areas.

Key Highlights

  • 1,845 SF ground‑floor retail space
  • Floor‑to‑ceiling windows, exposed brick walls, and glass entry door
  • Open retail area with dedicated office and storage

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Storage Facility Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby
284k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 58% Dining 23% Shops & Services 17% Apparel 1%
Walmart Superstores
165,840 visits/mo 0.4 miles
Portillo's Dining
54,946 visits/mo 0.2 miles
Dollar Tree Shops & Services
25,090 visits/mo 0.1 miles
Taco Bell Dining
11,393 visits/mo 0.2 miles
7-Eleven Shops & Services
7,328 visits/mo 0.2 miles

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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Market

Lease Benchmarks for Forest Park, IL

$17.04 /SF/Yr
Avg Asking Price
$9–$21.3 /SF/Yr
Price Range
3,626 SF
Avg Space Size

This space is priced 76% above the average of $17.04 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Open customer area with dedicated office, storage, tall ceilings, and delivery access through the alley.
Where is this retail space located?
The property is located at 7405 Madison St Forest Park, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 1,845 SF ground‑floor retail space; Floor‑to‑ceiling windows, exposed brick walls, and glass entry door; Open retail area with dedicated office and storage
More about this property
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