For Sale
$1,800,000

7736 Madison St Forest Park, IL 60130

Fully Leased, 7-Unit Strip Mall, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fully leased, 12,000 square foot retail strip center situated on a 0.46-acre lot in Forest Park, Illinois. The property, built in 1976, features seven individual units currently boasting 100% occupancy. The diverse tenant mix includes food service (Papa John's Pizza, Zesty Catering), fitness (Elite Fitness), medical (Forest Park Dental Associates, LTD., Cardio-Med & Pain Center), spa (Traci Dani Beauty Studio & Suites), and retail (Empowering Gardens, Inc.). Located at 7736 W Madison St, 60130, this single-story building is zoned B-1 and enjoys a prime location at the border of Forest Park and River Forest, just 1.5 miles southwest of Oak Park's downtown shopping district. Its high visibility and ample customer parking contribute to its strong performance. The property benefits from convenient access to the Forest Park Blue Line "el" station and I-290, ensuring excellent accessibility for both tenants and customers. The asking price for this exceptional investment is $1,800,000. The property's Cook County APN is 15-13-101-043-0000.

Highlights

  • ±12,000 SF retail strip center on a 0.46-acre lot.
  • 7 units, fully leased.
  • Prime Forest Park/River Forest border location, 1.5 miles southwest of Oak Park's downtown.
  • High visibility and ample customer parking.
  • Diverse tenant mix including food service, fitness, medical, spa, and retail.

Property Details for 7736 Madison St

Property type
Neighborhood centers, Retail properties
Square Feet
12,000 SF
Year Built
1976
Buildings
1
Stories
1
Lot Size (sq. ft)
20,038 SF
Units
7

Location Insight

City
Forest Park
County
Cook
State
Illinois
Latitude
41.879383529868
Longitude
-87.819116824399

FAQs

What type of property is this?
Neighborhood center - Fully Leased, 7-Unit Strip Mall, High Visibility
Where is the neighborhood center located?
The property is located at 7736 Madison St Forest Park, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: ±12,000 SF retail strip center on a 0.46-acre lot.; 7 units, fully leased.; Prime Forest Park/River Forest border location, 1.5 miles southwest of Oak Park's downtown.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7736 Madison St
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