7240 Madison Street, Forest Park, IL

$625,000

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About 7240 Madison Street

OWNER OF ARCHERY STORE IS RETIRING...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.

Features of 7240 Madison Street

MLS® # 12040874
Price $625,000
Bathrooms 0.00
Acres 0.00
Year Built 1914
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 7240 Madison Street
Area Forest Park
City Forest Park
County Cook
State IL
Zip Code 60130

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 16
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMichals Realty, Inc

Listing Map

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