7321 Madison Street, FOREST PARK, 60130

$4,600,000 - Instut/To Develop For Sale

$4,600,000

Beds
Baths
23,900Sqft
.28Acres
1926Built
MLS® #: 10409968
Active

Here is your opportunity to acquire a fully leased, Multi-tenant investment property in the heart of downtown Forest Park. Very stabilized asset that provides an investor a turn-key investment that has many long term tenants in place with a strong rental history. These include Jimmy John's, which has been in the building for 16 years and this location is one of the best producing locations for its franchisee. An IT consulting firm began in the building in 2009 and has expanded within the building over the past 10 years. Healy's West Side is a neighborhood institution with over 20+ years in Forest Park. Yo Taco is a Mexican restaurant that will be open in July.

Additional Information: This property is located in the Forest Park neighborhood, IL. This bedrooms instut/to develop property is priced at $192.5/sqft.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: 10409968
Price: $4,600,000
Taxes: $96,803
Square Footage: 23,900
Acres: 0.28
Year Built: 1926
Type: Commercial
Sub-Type: Instut/To Develop
Status: Active

Community Information

Address: 7321 Madison Street
Area: Forest Park
City: FOREST PARK
County: Cook
State: IL
Zip Code: 60130

Amenities

Amenities: Lighting/Exterior, Security Entrance, Sidewalks, Cable Ready
Utilities: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal, Water to Site, Sewer-Storm Available

Interior

Heating: Central Bldg Heat, Forced Air, Gas
Cooling: Central Air
Stories: 2

Exterior

Exterior: Brick, Block
Lot Description: Central Business District, Corner, Mixed Use Area
Construction: Brick, Concrete, Concrete Block
Foundation: Concrete

Additional Information

Zoning: COMMR

Listing Details

Listing Office: @properties Commercial

Financials

$/SqFt: $192

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Listing information last updated on July 22nd, 2019 at 12:35am CDT.