Price Reduction
Address
7321 Madison Street, Forest Park, IL
Price
$ 3,150,000
Property Attributes
- MLS#11955415
- TypeCommercial
- CountyCOOK
- CityForest Park
- AreaForest Park
- Zip60130
- StyleCommercial,Office
- Year Built1924
- Taxes$ 121379
- Price$ 3,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage23900
- Lot Size12,197 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Own the building with the hottest new boutique music venue Robert's Westside! This fully occupied large building is also perfect for an investor (1031 exchange). This beautiful brick multi tenant/investment is in the heart of Forest Park on bustling Madison St just west of Harlem. Be part of this busy stretch of bars/restaurants/shops. Tenants also include Jimmy Johns and an IT company. Plenty of street parking and public parking in the area and close to public transportation and the highway! Many updates and improvements/turn key but tons of value add options.
| Price History | |
|---|---|
| 1/4/2024 | Listed $3,299,000 |
| 4/3/2024 | 2% - $3,249,000 |
| 5/1/2024 | 4% - $3,150,000 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Negotiable |
| Zoning | COMMR |
| Year Built | 1924 |
| Electric | Circuit Breakers,Service - 201 to 600 Amps |
| Tenant Pays | Varies by Tenant |
| Stories | 2 |
| Property SubType | Neighborhood Storefront,Restaurant |
| Tax Year | 2021 |
| Current Use | Commercial,Office |
| County | Cook |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | From Harlem - go west on Madison to Circle. Property at the ne corner. |
| City | Forest Park |
| Total Units | 4 |
| MLS Area | Forest Park |
| Lot Size Square Feet | 12197 |
| Street Name | Madison |
| Tax Annual Amount | 121379 |
| Additional Parcels Y/N | Yes |
| Leasable Area | 23900 |
| Days on Market | 125 |
| Standard Status | Active |
| Property Type | Retail/Stores |
Interior Features
| Street Suffix | Street |
|---|
Exterior Features
| Building Area Total | 23900 |
|---|---|
| Lot Dimensions | 136X60X132X93 |
| Exterior | Brick,Stone |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60130
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 17, 2024 9:48 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 17, 2024 9:48 AM UTC
