Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12542405
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Request Info7405 Madison StreetForest Park, IL 60130
Commercial$30
Active
7405 Madison Street Overview
- Time on Site:
- 173 days
- Visits:
- 3
Exceptional retail leasing opportunity in a high-visibility, high-foot-traffic location along vibrant Madison Street in the heart of Forest Park. This 1,845 SF ground-floor retail space features dramatic floor-to-ceiling windows that provide excellent natural light and storefront exposure, complemented by exposed brick walls and a striking ultra-modern glass entry door. The space is currently configured with an open retail area, dedicated office, and ample storage, offering flexibility for a variety of uses. High ceilings and strong street presence create an inviting customer experience, while efficient back-of-house space supports day-to-day operations. Additional features include two private parking spaces, convenient alley access for deliveries, and basement storage. Surrounded by popular restaurants, coffee shops, boutiques, and specialty retailers, this location benefits from consistent pedestrian traffic and strong neighborhood demographics. Ideal for retailers seeking a well-maintained, turnkey space in the Madison Street Corridor of Forest Park
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7405 Madison Street Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Gross
- Net Operating Income: 0
Building Information
- Year Built: 1916
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: Forest Park
Rent/Lease Information
- Tenant Pays: All Utilities
Tax Information
- Tax Annual Amount: $19,524.00
- Tax Year: 2023
General Information
- Property Sub Type: Neighborhood Storefront
- Property Type: Commercial Lease
- Zoning: COMMR
Interior
General Information
- Cooling: Central Air, Window Unit(s)
- Electric: Service - 101 to 200 Amps
- Leasable Area: 1845
- Stories: 2
Unit Information
- Unit SqFt.: 1845
Exterior
Lot Information
- Lot Size Dimensions: 25 X 125
- Lot Size Square Feet: 3125
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 1
7405 Madison Street 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
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.7405 Madison Street 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
7405 Madison Street History
| Date | Value | Agent |
|---|---|---|
| 1/12/2026Source: MRED | Active |
|
| 1/7/2026Source: MRED | January 07, 2026 |
|
| 12/31/2025Source: MRED | Closed |
|
| 12/25/2025Source: MRED | Pending |
|
| 11/16/2025Source: MRED | Contingent |
|
| 10/26/2025Source: MRED | Active |
|
| 10/21/2025Source: MRED | $675,000 -15.5% |
|
| 10/21/2025Source: MRED | Price Change |
|
| 9/20/2025Source: MRED | Active |
|
| 9/15/2025Source: MRED | $799,000 -9.1% |
|
| 9/15/2025Source: MRED | Price Change |
|
| 7/31/2025Source: MRED | July 24, 2025 |
|
| 7/31/2025Source: MRED | Active |