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7521 Madison St Forest Park, IL 60130

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For Sale
$4,500,000

Single-story building with drive-thru, basement, and adjacent restaurant.

Property Features for 7521 Madison St

General Information

Standard status
Active

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Listing Contact
Barry Newman
Barry Newman
Source: Corcoran

Listing Agency: EXP REALTY Listing Agent: Barry Newman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Former Bank Redevelopment Opportunity

This is a redevelopment or investment opportunity featuring a single-story building formerly used as a bank, encompassing over 38,000 square feet. It includes a dedicated drive-thru and an adjacent restaurant. The property has a massive basement, offering accessibility and potential indoor parking for over 100 cars. Situated on a high-traffic corridor, the location is surrounded by shops, restaurants, and specialty stores. The site is suitable for a luxury residential rental development or a mixed-use project. The separate restaurant adds immediate value or leasing potential. This property offers potential for developers or investors seeking visibility and scale.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Forest Park
County
Will
State
Illinois
Longitude
-88.1351928
Latitude
41.5362364

FAQs

What type of property is this?
Mixed-use property - Single-story building with drive-thru, basement, and adjacent restaurant.
Where is this mixed-use property located?
The property is located at 7521 Madison St Forest Park, IL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - Over 38,000 sq. ft. single-story building in a high-traffic location.; - Massive basement with potential indoor parking for 100+ cars.; - Dedicated drive-thru and adjacent restaurant included.
More about this property
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