7441 Madison St

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Price adjusted - priced to sell! Forest Park's Hottest Corridor-Prime Commercial Space Available. Make it yours! High-visibility Storefront in the Heart of Forest Park. Where foot traffic meets opportunity. Located in the heart of Forest Park's vibrant Madison Street corridor, this versatile mixed-use commercial property offers approx. 3,000 sq. ft. of highly visible space. Expansive storefront windows flood the interior with natural light while showcasing unbeatable street exposure-perfect for attracting...Price adjusted - priced to sell! Forest Park's Hottest Corridor-Prime Commercial Space Available. Make it yours! High-visibility Storefront in the Heart of Forest Park. Where foot traffic meets opportunity. Located in the heart of Forest Park's vibrant Madison Street corridor, this versatile mixed-use commercial property offers approx. 3,000 sq. ft. of highly visible space. Expansive storefront windows flood the interior with natural light while showcasing unbeatable street exposure-perfect for attracting both foot and drive-by traffic. The property features a fully built-out layout, a welcoming front dining or retail area, a central section with a full bathroom-ideal for office space-and a rear area perfectly suited for storage, a small workshop, or additional service/retail use. A designated private parking space, convenient rear delivery access, and flexible zoning that accommodates restaurants, retail, or mixed commercial use. Set in a lively corridor of shops, dining, and new developments, this location offers strong demographics, reliable pedestrian flow, and easy transit connections. A rare opportunity to secure a premier location in one of the area's most sought-after commercial districts-ideal for entrepreneurs, investors, or business owners looking to establish a lasting presence. Schedule your showing today!
  1. Listed by Sonia Briseno • Beaulieu Real Estate
    P: (312)-834-6577 C: (312)-834-6577 realtorsoniabriseno@gmail.com

Property Details for 7441 Madison Street

Area
Forest Park
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 02/19/2026 11:52 AM

Property Details for 7441 Madison Street

StatusActive
MLS #12453771
Days on Market186
Taxes$22,030 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1931
Lot Size0.07 AC / 3,000 SF
CountyCook County

Location

Listing Courtesy of Beaulieu Real Estate
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Building Information for 7441 Madison Street

Stories1Residences1Year Built1931Lot Size0.07 AC / 3,000 SF

Payment Calculator

$4,029 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,193

Property Taxes

$1,836

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7441 Madison Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Northwest Suburban
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Ceiling Units
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 50X60
  • Lot Size Square Feet: 3000.0
  • Stories: 1
  • Construction: Brick
  • Fire Protection: Alarm On Site,Fire Extinguisher/s
  • Foundation Details: Brick/Mortar
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial
  • Public Document Count: 0
  • Photos Count: 21
Miscellaneous
  • Current Use: Commercial
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $150.00
  • Fuel Expense: $100.00
  • Gross Income: $6,200.00
  • Gross Scheduled Income: $74,400.00
  • Insurance Expense: $225.00
  • Total Monthly Income: 3200
  • Other Expense: $.00
  • Trash Expense: $50.00
  • Water Sewer Expense: $125.00

Property History for 7441 Madison Street

DateEvent & SourcePriceAppreciation
Nov 29, 2025

Price Change

MRED #12453771

$450,000
Sep 22, 2025

Price Change

MRED #12453771

$549,900
Aug 28, 2025

Price Change

MRED #12453771

$595,000
Aug 23, 2025

Listed (Active)

MRED #12453771

$615,000
Jul 24, 2025

Cancelled

MRED #12392152

$625,000
Jun 12, 2025

Cancelled

MRED #12362816

$650,000
Jun 12, 2025

Listed (Active)

MRED #12392152

$625,000
May 18, 2025

Listed (Active)

MRED #12362816

$650,000
Aug 18, 2016

Sold (Public Record)

Public Record #581681411

$240,000

+6.4% / yr

Aug 13, 2001

Sold (Public Record)

Public Record #295473007

$95,000
DateEvent & SourcePrice
11/29/2025

Price Change

MRED #12453771

$450,000
09/22/2025

Price Change

MRED #12453771

$549,900
08/28/2025

Price Change

MRED #12453771

$595,000
08/23/2025

Listed (Active)

MRED #12453771

$615,000
07/24/2025

Cancelled

MRED #12392152

$625,000
06/12/2025

Cancelled

MRED #12362816

$650,000
06/12/2025

Listed (Active)

MRED #12392152

$625,000
05/18/2025

Listed (Active)

MRED #12362816

$650,000
08/18/2016

Sold (Public Record)

Public Record #581681411

$240,000

+6.4% / yr

08/13/2001

Sold (Public Record)

Public Record #295473007

$95,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7441 Madison Street

Taxable ValueLand$10,412Additions$62,933Total$73,345
Tax Record2023$22,030 ($1,836 / month)
Home Facts
Stories1Lot Size2,975 SqFtStyleStoresYear Built1930CountyCOOKAPN15-12-431-040

Schools near 7441 Madison Street

This home is within Proviso Twp Hsd 209 School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Garfield Elementary School
PublicPK to 2

Field Stevenson Elementary School
Public3 to 5

Forest Park Middle School
Public6 to 8

Proviso East High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

7441 Madison Street is a mixed use property for sale in Forest Park, IL 60130. This property was listed for sale on August 23, 2025 by Beaulieu Real Estate, it's currently listed at $450,000. It has been on the market for a total of 186 days and was last sold on August 18, 2016. This listing's school districts are Proviso Twp Hsd 209 School District, Forest Park School District 91. Nearby schools include Garfield Elementary School, Field Stevenson Elementary School and Forest Park Middle School. 7441 Madison Street is a 0-bed, 0-bath, mixed use property built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beaulieu Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/19/2026 11:52 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.