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Restaurant Property with Central Air
For Sale
$200,000

7441 Madison Street, Forest Park, IL 60130

COMMR zoning and central air serve this Madison Street property.

Property Size3,000 SF
Days on Market56

Property Features for 7441 Madison Street

General Information

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

Taxes and HOA fees

Annual Taxes $22,030

Amenities

Central Air

Building Details

Building Size 3,000 SF
Stories 1
Listing Agency: REMAX Legends
Listed By: Nicholas Mishevski
Source: Evrealestate
Added: Aug 11 Changed: Oct 1 Last Checked: Oct 4 at 9:13AM

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 REMAX Legends

Investment Insights

Based on property information with market context.

At 7441 Madison Street in Forest Park, this restaurant property has central air and COMMR zoning. It is situated on Madison Street between Harlem Avenue and Des Plaines Avenue.

Key Highlights

  • Central air
  • Zoning designation: COMMR
  • 7441 Madison Street, between Harlem Avenue and Des Plaines Avenue in Forest Park

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Conventional restaurant - COMMR zoning and central air serve this Madison Street property.
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 $200,000.
What are key features of this property?
This property features: Central air; Zoning designation: COMMR; 7441 Madison Street, between Harlem Avenue and Des Plaines Avenue in Forest Park
More about this property
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