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Forest Park Retail Shopping Center

$1,800,000

7736-48 Madison Street, Forest Park, IL 60130

Active
Last Updated: 03/31/2025

1.98

Cap Rate

35,577.51

NOI

Details:
Cap Rate:    1.98%
NOI:    $35,577.51
Building Size:    12,000 sqft
Lot Area:    0.46 acres
Occupancy:    90%
Units:    7
Year Built:    1976
Parking Spots:    18
Highlights:
  • ±12,000 SF retail strip center on 0.43 AC
  • 7 Units | 90% 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 Madison, a ±12,000 SF 7-unit Retail Strip Center at the border of Forest Park and River Forest. This property is 90% 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, and Cardio-Med & Pain Center.

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.

Map:
Documents:
Title
SVN - LEASE Brochure
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SVN_-_SALES_Brochure.pdf
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Location
Gallery