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7240 Madison Street

Forest Park, IL 60130
  • $799,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 11780267
UPDATED: 53 min ago
$799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1914
County:
Area:

School Ratings & Info

Description

Investment opportunity on vibrant Madison Street in the business district. Conscientious owner diligently maintained building and property. Street level storefront extends the entire lot. Second floor includes a huge sundrenched 2-bedroom apartment (1,700 sqft) and is easy to rent. An additional 1,725sqft on 2nd floor is currently part of commercial use. Attached deep 2 car heated garage and loads of storage. New boiler was installed on the 1st floor & furnace on the 2nd floor (2022). High visibility and lots of foot traffic. Currently, property is operating as a longtime archery store & range. Please contact listing agent for details and do not disturb clientele.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-30T22:58:41.513 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7240 Madison Street Forest Park, IL 60130

  • Price: $799,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 53 min ago
  • MLS #: 11780267
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1914
Built
Neighborhood:
Forest Park
County:
Cook
Area:
Forest Park
Property Description
Investment opportunity on vibrant Madison Street in the business district. Conscientious owner diligently maintained building and property. Street level storefront extends the entire lot. Second floor includes a huge sundrenched 2-bedroom apartment (1,700 sqft) and is easy to rent. An additional 1,725sqft on 2nd floor is currently part of commercial use. Attached deep 2 car heated garage and loads of storage. New boiler was installed on the 1st floor & furnace on the 2nd floor (2022). High visibility and lots of foot traffic. Currently, property is operating as a longtime archery store & range. Please contact listing agent for details and do not disturb clientele.
Exterior Features

Exterior Building Type Brick Frontage Type City Street Outdoor Parking Common Parking Parking Total 2

Interior Features

Cooling Central AirWindow Unit(S) Heat Ventilation ElectricForced AirGasHot WaterRadiatorsSteamWall UnitOperable Windows/Systems Vary-Call List Agt Miscellaneous Inside Overhead Door/SStorage InsideFurnished Units Available

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 6850 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersSeparate Meters Fire Protection Alarm MonitoredAlarm On SiteFire Extinguisher/SCarbon Monoxide Detector(S) Geographic Locale Chicago West Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Location Central Business DistrictMixed Use AreaPublic Transport AvailHigh Traffic Area Mls Actual Status Active Possible Use CommercialCondominiumOffice And ResearchRetail Rental Price 0 Tax Annual Amount 15834.2 Tax Year 2021 Tenant Pays Electricity Total Monthly Income 0 Type Mixed Use

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Michals Realty, Inc: 708-447-9950.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-30T22:58:41.513 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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