Listing provided courtesy of Berkshire Hathaway HomeServices ChicagoMREDas Distributed by MLSGrid- MLS# 12610655MLS Provider

7521 Madison StreetForest Park, IL 60130

Commercial · 10,389 Sq. ft.
$21 Active

7521 Madison Street Overview

Time on Site:
85 days
Visits:
6

Exceptional opportunity to lease approximately 6,800 SF in a prominent corner building located at the signalized intersection of Madison Street and Des Plaines Avenue in the heart of Forest Park. This highly visible corner location offers maximum exposure with dual street frontage, strong signage potential, and consistent vehicular and pedestrian traffic. Positioned along Forest Park's primary retail corridor, the property is surrounded by established retail, dining, and neighborhood services, creating a dynamic and walkable commercial environment. The space features a former bank layout, providing a functional and adaptable footprint suitable for retail, medical, financial institutions, fitness, restaurant, or service-oriented users. The property also includes a full underground level, ideal for storage, operations, or additional usable space.

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7521 Madison Street Facts & Features

  • Type Commercial
  • Sq. ft. 10,389
  • Price/Sq.ft. $0

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 1950

Business Information

  • Business Type: Retail
  • Current Use: Commercial,Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Forest Park
  • Township: Proviso

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Scavenger, Sewer, Other, All Utilities, Trash Collection

Tax Information

  • Tax Annual Amount: $53,079.17
  • Tax Year: 2024

General Information

  • Property Type: Commercial Lease
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 10389

General Information

  • Cooling: Central Air
  • Electric: Over 600 Amps
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 6800
  • Stories: 1

Unit Information

  • Unit SqFt.: 6800

Exterior

Lot Information

  • Frontage Type: City Street,Signal Intersection,Other,Alley Access,Paved
  • Lot Size Dimensions: 108x150x157x182
  • Lot Size Square Feet: 15296

7521 Madison Street Neighborhood

Community

60130 (Forest Park) Demographics

40
Median Age
4,986
Population Density (per sq. mile)
61%
College Educated
$70,670
Estimated Median Income
3,299
Estimated Total Home Owners
3,396
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7521 Madison Street Market Data

Based on the last 30 days in this zip code

$354,873
Average List Price
$278
Average Price per Square Foot
18
Properties Sold
52
Average Days on Market
53
Properties for Sale
Calculations provided by Reliance Network

7521 Madison Street History

Date Event Value Agent
4/11/2026Source: MRED Status Change
Active
Ariel Marini
Listing Agent
4/11/2026Source: MRED Price Reduction
$21 -99.8%
Ariel Marini
Listing Agent
4/6/2026Source: MRED Added to Database
April 06, 2026
Ariel Marini
Listing Agent