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Seven-Unit Retail Strip Center
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7736-48 Madison Street, Forest Park, IL 60130

Retail center with multiple leasable storefronts near transit and I-290 access.

Property Size12,000 SF
Days on Market4

Property Features for 7736-48 Madison Street

General Information

Standard status Active
Size 12,000 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Building Size 12,000 SF
Year Built 1976
Units 7
Tenancy Multi
Listing Agency: SVN | Chicago Commercial
Listed By: Karen Kulczycki
Source: Commercialcafe
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 18 at 7:06AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

The property is a seven-unit retail strip center totaling approximately 12,000 SF. Built in 1976, it provides a multi-storefront commercial configuration suited to neighborhood-oriented retail and service uses, with existing tenant occupancy in the center.

Located at 7736-48 Madison Street in Forest Park, the property sits near the border of Forest Park and River Forest. The site is approximately 1.5 miles southwest of downtown Oak Park’s shopping and dining district, near the Forest Park Blue Line “el” station, and offers convenient access to I-290. Forest Park is in Cook County, roughly 10 miles west of downtown Chicago.

Key Highlights

  • Seven‑unit retail strip center totaling approximately 12,000 SF
  • Built in 1976
  • 7736‑48 Madison Street, Forest Park, IL 60130

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Furniture & Home Goods Garden Center Grocery & Convenience Store

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby
12k
Monthly Visits Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail center with multiple leasable storefronts near transit and I-290 access.
Where is this strip mall located?
The property is located at 7736-48 Madison Street Forest Park, IL.
What are key features of this property?
This property features: Seven‑unit retail strip center totaling approximately 12,000 SF; Built in 1976; 7736‑48 Madison Street, Forest Park, IL 60130
More about this property
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