$550,000
$625,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
7240 Madison ST Forest Park, IL 60130
7,425 SqFt
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Carolyn Michals • Michals Realty, Inc