Search
Operating Chicken Restaurant Business
New
For Sale
$200,000

7441 Madison Street, Forest Park, IL 60130

COMMERCIAL - Forest Park, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market2

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
Listed By: Nicholas Mishevski
Added: Aug 11 Last Checked: Aug 11 at 11:06PM
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, operating restaurant business at 7441 Madison Street in Forest Park, Illinois. The sale covers the business only; the underlying real estate is excluded. Owned restaurant equipment is included, and the premises feature a brick construction profile with central air conditioning. The business operates under COMMR zoning.

The transition package includes two months of paid rent, approximately three weeks of inventory, and one month of staff payroll. These included items support continuity during the ownership change without assigning a monetary value to the package. Confidential financial information is available to qualified buyers.

Key Highlights

  • Business sale excludes the real estate
  • Established operating Chubby's Hot Chicken restaurant concept
  • Owned restaurant equipment included

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

1,378
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 10% Apparel 3% Beauty & Spa 2%
McDonald's Dining
23,324 visits/mo 0.1 miles
Starbucks Dining
7,010 visits/mo 0.5 miles
Citgo Shops & Services
4,389 visits/mo 0.5 miles
SUBWAY Dining
3,827 visits/mo 0.3 miles
Domino's Pizza Dining
1,799 visits/mo 0.1 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established food-service concept with owned equipment, existing inventory, central air, and a structured transition package.
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: Business sale excludes the real estate; Established operating Chubby's Hot Chicken restaurant concept; Owned restaurant equipment included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message