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Prime Retail Space on Madison
For Lease
$30 SF/Yr

7405 Madison Street, Forest Park, IL 60130

High-visibility retail space in vibrant Forest Park location.

Space SizeContact for details
Days on Market226

Property Features for 7405 Madison Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $19,524

Amenities

Central air
Central Air Cooling
Window Unit(s) Cooling

Building Details

Year Built 1916
Listing Agency: @PROPERTIES COMMERCIAL
Listed By: DAN STRATIS · License #471015636
Source: Corcoran
Added: Jan 7 Changed: Aug 8 Last Checked: Aug 20 at 4:41AM

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

Investment Insights

Based on property information with market context.

This 1,845 square foot ground-floor retail space is located on Madison Street in Forest Park. The space features floor-to-ceiling windows, exposed brick walls, and a modern glass entry door. The current configuration includes an open retail area, a dedicated office, and ample storage. High ceilings and street presence enhance the customer experience. Additional features include two private parking spaces, alley access for deliveries, and basement storage. The property is located in an area with restaurants, coffee shops, boutiques, and specialty retailers, benefiting from pedestrian traffic and strong neighborhood demographics. This location is suitable for retailers seeking a turnkey space in the Madison Street Corridor of Forest Park.

Key Highlights

  • High‑visibility location on Madison Street with high foot traffic
  • 1,845 SF ground‑floor retail space with excellent storefront exposure**
  • Dramatic floor‑to‑ceiling windows providing excellent natural light**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Restaurant Electrical Service Furniture & Home Goods Garden Center

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

826
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
AutoZone Shops & Services
6,838 visits/mo 0.5 miles
Family Dollar Shops & Services
5,500 visits/mo 0.5 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail space in vibrant Forest Park location.
Where is this retail space located?
The property is located at 7405 Madison Street 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: High‑visibility location on Madison Street with high foot traffic; 1,845 SF ground‑floor retail space with excellent storefront exposure**; Dramatic floor‑to‑ceiling windows providing excellent natural light**
More about this property
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