Madison Franklin Retail Plaza

7756 Madison St River Forest, IL 60305

7756 Madison St, River Forest, IL, 60305
7756 Madison St, River Forest, IL, 60305 7756 Madison St, River Forest, IL, 60305 7756 Madison St, River Forest, IL, 60305 7756 Madison St, River Forest, IL, 60305
FOR SALE FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Last Verified:
Nov 27, 2024

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Highlights


Description

SVN is pleased to present 7756 Madison, a ±8,640 SF Retail Strip Center with 9 units located in River Forest, Illinois. Monumental signage, high visibility, value-add with 67% occupancy, and plenty of parking. Destination retailers such as Diamond in the Ruff, Promise of Growth, Synergy Salon Suites, and Puffs Cigarettes occupy the premises, and three suites soon to be available will create an exciting opportunity to add value.

SVN is pleased to present 7756 Madison, a highly visible retail location on the border of River Forest and Forest Park. The property is within walking distance of the Forest Park Blue Line and River Forest Metra stations, and near I-290 via Des Plaines Avenue. Join Destination retailers such as Diamond in the Ruff, Synergy Salon Suites, and Puffs Cigarettes.

River Forest is a village in Cook County approximately 11 miles west of downtown Chicago and with close ties to the larger neighboring community of Oak Park. The city is home to two universities, Dominican and Concordia University, with a combined student population of approximately 8,200. This property is located 1.5 miles southwest of the downtown Oak Park shopping and dining district borders the Forest Park neighborhood. The location has proximity to the Forest Park Blue Line "el" station and the River Forest Metra station, as well as easy access to I-290 and Illinois Route 43.


Year Built: 1985
Building Size: 8640sq ft
Lot Size: 0.48 acres


Documents

SVN - SALE Brochure
SVN - LEASE Brochure

Units for Lease

Suite 2
Space Available: 1000 SF
Lease Type: NNN

Price Per Sqft/Year: $22.00
Suite 3
Space Available: 1000 SF
Lease Type: NNN

Price Per Sqft/Year: $22.00
Suite 4
Space Available: 500 SF
Lease Type: NNN

Price Per Sqft/Year: $22.00

Map of 7756 Madison St, River Forest, IL, 60305

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.