This exceptional investment opportunity presents a fully leased, 12,000 square foot retail strip center situated on a 0.46-acre lot in Forest Park, Illinois. The property, built in 1976, features seven individual units currently boasting 100% occupancy. The diverse tenant mix includes food service (Papa John's Pizza, Zesty Catering), fitness (Elite Fitness), medical (Forest Park Dental Associates, LTD., Cardio-Med & Pain Center), spa (Traci Dani Beauty Studio & Suites), and retail (Empowering Gardens, Inc.). Located at 7736 W Madison St, 60130, this single-story building is zoned B-1 and enjoys a prime location at the border of Forest Park and River Forest, just 1.5 miles southwest of Oak Park's downtown shopping district. Its high visibility and ample customer parking contribute to its strong performance. The property benefits from convenient access to the Forest Park Blue Line "el" station and I-290, ensuring excellent accessibility for both tenants and customers. The asking price for this exceptional investment is $1,800,000. The property's Cook County APN is 15-13-101-043-0000.

Property type Retail space

Use group RETAIL STORES (PERSONAL SERVICES)

Year built 1984

Lot 0.42 ac (18,512 SF)

APN 15-13-101-043

UPID US28-0619537

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Association / Organization

7736 Madison St Forest Park, IL 60130-1404

Forest Park metro Census 816000 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

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AI Approach AI

$325k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$325k

since 2001

1 recorded transaction

2001

$441,000

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$310,000

0.39 Acres

7612 Madison St

RETAIL STORES (PERSONAL SERVICES)

7612 Madison St, Forest Park, IL 60130-1403

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Value Estimation
$280,000

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7423 Madison St

RETAIL STORES (PERSONAL SERVICES)

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Value Estimation
$845,000

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7656 Madison St, Unit 60

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Value Estimation
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0.07 Acres

7419 Madison St

RETAIL STORES (PERSONAL SERVICES)

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Value Estimation
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0.07 Acres

428 Des Plaines Ave

RETAIL STORES (PERSONAL SERVICES)

428 Des Plaines Ave, Forest Park, IL 60130-3195

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Value Estimation
$350,000

0.61 Acres

109 Harlem Ave

RETAIL STORES (PERSONAL SERVICES)

109 Harlem Ave, Forest Park, IL 60130-1125

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