Operating Restaurant
For Sale
$200,000
7441 Madison Street, Forest Park, IL 60130
Business Opportunity, Forest Park, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market48
Property Features for 7441 Madison Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Madison St, between Harlem Ave and Des Plaines Ave.
Subdivision
Forest Park
Standard status
Active
APN
15124310400000
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
22030
Utilities
Cooling system
Central Air
Building Details
Floors in Building
1
Building materials
Brick
Listing Agency:
REMAX Legends · RE/MAX International
(630) 216-8000
Listed By:
Nicholas Mishevski
(708) 655-5000
Added: Aug 11
Changed: Sep 19
Last Checked: Sep 27 at 4:06PM
MLS# 12726714
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Chubby's Hot Chicken is an established, fully operational restaurant business offered at 7441 Madison Street in Forest Park, Illinois. The sale includes the operating business and existing equipment, while the underlying real estate is excluded.
The transition package provides two months of paid rent, approximately three weeks of inventory, and one month of staff payroll. The property information identifies brick construction, central air, and COMMR zoning for the premises. Confidential financial information is available to qualified buyers.
The transition package provides two months of paid rent, approximately three weeks of inventory, and one month of staff payroll. The property information identifies brick construction, central air, and COMMR zoning for the premises. Confidential financial information is available to qualified buyers.
Key Highlights
- Established, fully operational Chubby's Hot Chicken restaurant business
- Sale includes owned existing equipment; real estate is not included
- Transition package includes two months of paid rent
Property Analytics
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Current Use
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant operation with owned equipment, inventory, and transition support included.
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: Established, fully operational Chubby's Hot Chicken restaurant business; Sale includes owned existing equipment; real estate is not included; Transition package includes two months of paid rent
