7349 Madison Street G, Forest Park, IL 60130
Cook County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Condominium
Year Built
1915
Stories
3
Living Area
12,500 sq ft
Lot Size
3,125 sq ft
Lot Dimensions
25 X 125
Zoning
RTAIL
Days on Market
42
MLS® Listing#
12640279
Property Features
Cooling
Flooring
Construction
Foundation
Roof
Utilities
Financial Details
Annual Taxes
$7,277
Tax year 2024
Parcel Number
15124330501007
Directions
3 blocks west of Harlem on Madison Street
Affordability Calculator
$119,000
Estimated monthly payment
$3,167/mo
Principal $476,000 · Est. interest $664,062 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 66% above the area median.
- Its price per sq ft is 78% below 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 · 0.1 mi away
Garfield Elementary School
Elementary · 0.2 mi away
Forest Park School District 91
School · 0.3 mi away
Grant-White Elementary School
Elementary · 0.3 mi away
Oak Park Elementary School
Elementary · 0.5 mi away
St Bernardine Elementary School
Elementary · 0.6 mi away
Oak Park Elementary School District
Secondary · 0.6 mi away
Sugar Beet Schoolhouse
School · 0.6 mi away
Field Stevenson Elementary School
Elementary · 0.7 mi away
Forest Park Middle School
Secondary · 0.7 mi away
St Luke School
School · 0.7 mi away
Oak Park Montessori School
Elementary · 0.7 mi away
Oak Park Christian Academy
School · 0.8 mi away
Lincoln Elementary School
Elementary · 0.8 mi away
St Edmund School
School · 0.8 mi away
River Forest School District 90
Elementary · 0.8 mi away
First United Church of Oak Park
School · 0.9 mi away
Roosevelt Middle School
Secondary · 0.9 mi away
The Children's School
Elementary · 1.0 mi away
Ascension Catholic School
Secondary · 1.0 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 |
|---|---|---|---|---|
| 3529 George Street, Franklin Park, IL | $417,000 | 4 | 2 | 1,337 |
| 6151 Victoria Drive, Oak Forest, IL | $417,700 | 3 | 2 | 1,800 |
| 2405 Sarah Street, Franklin Park, IL | $419,000 | 3 | 2 | 1,741 |
| 8827 W 131 Place, Orland Park, IL | $419,000 | 3 | 2 | 1,900 |
| 7737 Cashew Drive, Orland Park, IL | $419,000 | 5 | 3 | 2,377 |
| 7214 Farmstead Lane, Hanover Park, IL | $419,000 | 3 | 2 | 1,280 |
Moving Cost Estimate
EXIT Agents in Forest Park
Listing Courtesy: eXp Realty - (312) 785-1757
Last Updated: 2026-05-06