Forest Park Retail Shopping Center

7736-48 W. Madison Street Forest Park, IL 60130

7736-48 W. Madison Street, Forest Park, IL, 60130
7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130 7736-48 W. Madison Street, Forest Park, IL, 60130
FOR SALE
Property Type:
Neighborhood Center
Amount:
$1,800,000
Last Verified:
Sep 09, 2024

Daily Email Blast
0 times


Highlights

  • ±12,000 SF retail strip center on 0.43 AC
  • 7 Units | Fully Leased
  • Prime location at the Forest Park/River Forest border | 1.5 miles SW of downtown Oak Park
  • High visibility | Ample parking for customers
  • Diverse tenant mix including food service, fitness, medical, spa, and retail garden center

Description

SVN Chicago Commercial is pleased to present 7736-7748 W Madison, a ±12,000 SF 7-unit Retail Strip Center at the border of Forest Park and River Forest. This property is fully leased and has proximity to the Forest Park Blue Line "el" station, as well as easy access to I-290. Existing tenants include Empowering Gardens, Inc., Elite Fitness, Traci Dani Beauty Studio & Suites, Forest Park Dental Associates, LTD., Papa Johns Pizza, Cardio-Med & Pain Center, and Zesty Catering.

Forest Park is a Village in Cook County approximately 10 miles west of downtown Chicago and with close ties to the larger neighboring community of Oak Park. This property is located 1.5 miles southwest of the downtown Oak Park shopping and dining district and close to the Forest Park Blue Line "el" station, as well as easy access to I-290.


Year Built: 1976
Building Size: 12000sq ft
Lot Size: 0.46 acres


Documents

SVN - SALES Brochure

Map of 7736-48 W. Madison Street, Forest Park, IL, 60130

Presented by:
SVN | Chicago Commercial

Request additional information
Karen Kulczycki


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.