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Restaurant with Central Air
New
For Sale
$190,000

7441 Madison Street, Forest Park, IL 60130

The property is zoned COMMR and sits along Madison Street between Harlem Avenue and Des Plaines Avenue.

Property Size3,000 SF
Days on Market6

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: Oct 27 Changed: Oct 30 Last Checked: Oct 30 at 2:54PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 7441 Madison Street, this restaurant property includes central air and carries a COMMR zoning designation. The site is on Madison Street between Harlem Avenue and Des Plaines Avenue in Forest Park, Cook County.

Key Highlights

  • Restaurant property with central air
  • Zoned COMMR
  • On Madison Street between Harlem Avenue and Des Plaines Avenue

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The property is zoned COMMR and sits along Madison Street between Harlem Avenue and Des Plaines Avenue.
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 $190,000.
What are key features of this property?
This property features: Restaurant property with central air; Zoned COMMR; On Madison Street between Harlem Avenue and Des Plaines Avenue
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Includes: Price & PSF · Cap rate · Location · Zoning

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