Forest Park, IL 60130,7240 Madison ST
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Forest Park, IL 60130,7240 Madison ST
Forest Park, IL 60130,7240 Madison ST
Forest Park, IL 60130,7240 Madison ST
Forest Park, IL 60130,7240 Madison ST

$550,000

Est. payment /mo

$625,000

12.0%
Est.Price: ?

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7240 Madison ST Forest Park, IL 60130

7,425 SqFt

SOLD DATE : 08/29/2024

Key Details

Sold Price $550,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,425 sqft

Price per Sqft $74

MLS Listing ID 12040874

Sold Date 08/29/24

Year Built 1914

Annual Tax Amount $15,834

Tax Year 2021

Lot Dimensions 3750

Property Description

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.

Location

State IL

County Cook

Area Forest Park

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Building

Level or Stories 1

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Carolyn Michals • Michals Realty, Inc
Bought with Carolyn Michals • Michals Realty, Inc

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

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