42
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$799,000
Est. payment /mo
2,862 SqFt
Price Dropped by $80K
7405 Madison ST Forest Park, IL 60130
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,862 sqft
Price per Sqft $279
MLS Listing ID 12428413
Year Built 1916
Annual Tax Amount $19,524
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Mixed Use
Property Description
Prime Madison Street Mixed-Use Building in the Heart of Forest Park Incredible investment opportunity in a high-visibility, high-foot-traffic location on vibrant Madison Street. This well-maintained mixed-use building features a first-floor retail space with soaring floor-to-ceiling windows, exposed brick walls, and a striking ultra-modern glass entry door-currently home to a successful flower and home goods shop with ample office and storage space. Above, a spacious and recently updated 3-bedroom, 1.1-bath apartment offers excellent rental income or live-work potential. Highlights include a private balcony and outdoor space, tons of storage, updated kitchen and baths, and generous natural light throughout. Additional perks include 4 private parking spaces, basement storage, and alley access. This property is perfectly situated among popular restaurants, coffee shops, boutiques, and specialty retail, making it an ideal location for both commercial success and residential appeal. A rare Forest Park find for entrepreneurs, investors, or anyone looking to be in the heart of it all.
Location
State IL
County Cook
Area Forest Park
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Victoria Krause Schutte of @properties Christie's International Real Estate
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