Forest Park, IL 60130,7405 Madison ST
Forest Park, IL 60130,7405 Madison ST
Forest Park, IL 60130,7405 Madison ST
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$675,000
Est. payment /mo
2,862 SqFt
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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 $235

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


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Midwest Real Estate Data (MRED) IDX
Listed by Victoria Krause Schutte of  @properties Christie's International Real Estate 

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Doug Anderson

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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7405 Madison ST