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Established Restaurant Business
For Sale
$360,000

7441 Madison Street, Forest Park, IL 60130

Fully operating chicken restaurant business with owned equipment included; real estate is excluded from the transaction.

Property Size3,000 SF
Days on Market372

Property Features for 7441 Madison Street

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial
Zoning COMMR

Additional Details

Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $22,030

Building Details

Building Size 3,000 SF
Year Built 1931
Stories 1
Units 1
Listing Agency: Beaulieu Real Estate
Listed By: Sonia Briseno
Source: Allinonerealestateco
Added: Aug 23, 2025 Changed: Aug 29 Last Checked: Aug 23 at 10:06AM

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 Beaulieu Real Estate

Investment Insights

Based on property information with market context.

This offering consists of the operating restaurant business at 7441 Madison Street rather than the underlying real estate. The concept trades as Chubby's Hot Chicken and includes the equipment used in the operation. The business occupies approximately 3,000 square feet and is being offered as a fully functioning restaurant operation.

The property is located in Forest Park, Illinois, at 7441 Madison Street. The sale is limited to the business, with real estate specifically excluded. Confidential financial information is available to qualified buyers.

Key Highlights

  • Business sale excludes the underlying real estate
  • Operating as Chubby's Hot Chicken
  • Approximately 3,000 square feet

Property Analytics

Current Use

Conventional restaurants

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully operating chicken restaurant business with owned equipment included; real estate is excluded from the transaction.
Where is this conventional restaurant located?
The property is located at 7441 Madison Street Forest Park, IL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Business sale excludes the underlying real estate; Operating as Chubby's Hot Chicken; Approximately 3,000 square feet
More about this property
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