7232 Madison Street, Forest Park, IL 60130
Cook County
Key Facts
Description
Rehabbed Storefront with high ceilings and hardwood floors. Prime high traffic location. Three bedroom apartment on 2nd floor. Two car garage and rear yard. Total building sq. ft. 3,504. Owner retiring building to be sold in "as is" condition. Owner currently occupies storefront and 2nd floor apartment.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1920
Stories
2
Lot Size
2,125 sq ft
Lot Dimensions
25 X 125
Zoning
COMMR
Days on Market
147
MLS® Listing#
12575906
Property Features
Cooling
Financial Details
Annual Taxes
$12,625
Tax year 2023
Parcel Number
15132060040000
Directions
Harlem to Madison West to 7232
Affordability Calculator
$123,000
Estimated monthly payment
$3,273/mo
Principal $492,000 · Est. interest $686,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Forest Park, IL
- $358,881
- Median Listing Price
- 30
- Median Days on Market
- 1,709
- Median Sq Ft
- $214
- Median Price / Sq Ft
- 1,072
- Active Listings
- This home’s price is 71% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Forest Park, IL.
Location
Points of Interest in Forest Park, IL
Showing the Forest Park area map.
Nearby Schools
Montessori Language Academy
Elementary · 0.2 mi away
Garfield Elementary School
Elementary · 0.3 mi away
Oak Park Elementary School
Elementary · 0.3 mi away
Grant-White Elementary School
Elementary · 0.3 mi away
Forest Park School District 91
School · 0.4 mi away
Oak Park Elementary School District
Secondary · 0.5 mi away
St Bernardine Elementary School
Elementary · 0.6 mi away
Oak Park Montessori School
Elementary · 0.6 mi away
Sugar Beet Schoolhouse
School · 0.7 mi away
Oak Park Christian Academy
School · 0.7 mi away
St Edmund School
School · 0.7 mi away
Field Stevenson Elementary School
Elementary · 0.7 mi away
Forest Park Middle School
Secondary · 0.7 mi away
St Luke School
School · 0.8 mi away
First United Church of Oak Park
School · 0.8 mi away
Fenwick High School
Secondary · 0.9 mi away
Ascension Catholic School
Secondary · 0.9 mi away
Lincoln Elementary School
Elementary · 0.9 mi away
The Children's School
Elementary · 0.9 mi away
River Forest School District 90
Elementary · 0.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 11934 Sterling Drive, Orland Park, IL | $434,899 | 2 | 4 | 3,163 |
| 7545 Halesia Court, Orland Park, IL | $435,000 | 3 | 3 | 1,915 |
| 2635 N 73rd Avenue, Elmwood Park, IL | $435,000 | 4 | 3 | 1,596 |
| 16829 Creekside Avenue, Tinley Park, IL | $437,000 | 3 | 2 | 1,516 |
| 1124 LAKE Street 503, Oak Park, IL | $439,000 | 2 | 2 | 1,131 |
| 12921 S Parkside Drive, Palos Park, IL | $439,000 | 3 | 1 | 1,510 |
Moving Cost Estimate
EXIT Agents in Forest Park
Listing Courtesy: Ariston Realty Corporation - 7087715000
Last Updated: 2026-02-24