Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12640279MLS Provider

7349 Madison Street #GForest Park, IL 60130

Commercial · 12,500 Sq. ft.
$595,000 Active

7349 Madison Street #G Overview

Time on Site:
55 days
Visits:
0

WOW!! ATTENTION ALL WHAT A GREAT PRICE REDUCTION FOR THIS CENTERALIZED LOCATED PROPERTY. WHICH IS A GREAT INVESTMENT OPPORTUNITY ON MADISON STREET IN THIS DOWN TOWN BUSINESS DISTRICT. THIS DISTRICT IS DESIGNED FOR MIXED-USE, PEDESTRIAN-ORIENTED COMMERCIAL. ALLOWED USE INCLUDE: RETAIL, RUSTAURANTS, BARS, CAFES, UPPER-FLOOR RESIDENTIAL, OFFICES, BOUTIQUE COMMERCIAL, MIXED-USE BUILDIGS. 4580SQFT OF STORE FRONT THAT IS CURRENTLY BEING USED AS A RETAIL STORE, WHICH INCLUDES THE FINISHED BASEMENT AREA.SEPERATELY ZONED HEATING AND COOLING. GROUND LEVEL HAS HARDWOOD FLOORS,BATHROOM AND A KITCHEN WITH HIGH CEILINGS AND LOTS OF STORAGE. LOWER LEVEL ALSO HAS A BATHROOM AND UTILITY ROOM AND ADDITIONAL STORAGE. THIS PROPERTY IS IN AN AMAZING LOCATION WITH GREAT CURB APPEAL. MAKE IT YOUR'S ,MANY POSSIBILITIES AWAIT.THERE IS AMPLE STREET AND VILLAGE PARKING. SURROUNDED BY A VARIETY OF DINING,SHOPPING AND LOTS OF ENTERTAINMENT EXPERIENCES FOR YOUR ENJOYMENT. EASY ACCESS TO EXPRESSWAY,PUBLIC TRANSPORTATION AND THE TRAIN.THE PRESENT OWNER SAID IT IS TIME TO MOVE ON TO OTHER VENTURES SO SELL. SO COME SEE THE SPACE MAKE AN OFFER AND YOU COULD BE THE OWNER OF THIS AMAZING LOCATION AND SPACE.

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7349 Madison Street #G Facts & Features

  • Type Commercial
  • Sq. ft. 12,500
  • Price/Sq.ft. $48

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Other Expense: 5760
  • Electric Expense: 1699
  • Existing Lease Type: N/A
  • Fuel Expense: 1603
  • Gross Income: 0
  • Insurance Expense: 1156
  • Net Operating Income: 0
  • Operating Expense: 17495

Building Information

  • Year Built: 1915

Business Information

  • Current Use: Commercial,Condominium,Other

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Forest Park
  • Township: Proviso

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs

Tax Information

  • Tax Annual Amount: $7,277.08
  • Tax Year: 2024

General Information

  • Parcel Number: 15124330501007
  • Property Sub Type: Condominium
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 12500

General Information

  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Flooring: Concrete, Wood
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 3

Unit Information

  • Unit SqFt.: 4580
  • Unit Number: G

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 25 X 125
  • Lot Size Square Feet: 3125
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

7349 Madison Street #G Neighborhood

Community

60130 (Forest Park) Demographics

40
Median Age
4,986
Population Density (per sq. mile)
61%
College Educated
$70,670
Estimated Median Income
3,299
Estimated Total Home Owners
3,396
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7349 Madison Street #G Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7349 Madison Street #G Market Data

Based on the last 30 days in this zip code

$354,873
Average List Price
$278
Average Price per Square Foot
18
Properties Sold
52
Average Days on Market
53
Properties for Sale
Calculations provided by Reliance Network

7349 Madison Street #G History

Date Event Value Agent
5/11/2026Source: MRED Status Change
Active
5/6/2026Source: MRED Added to Database
May 06, 2026