IL > Forest Park
Forest Park, IL 60130,7321 Madison Street
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 3,999,000
Est. payment | /mo

12,197 SqFt

Save
$ 3,999,000
Est. payment | /mo
Save

12,197 SqFt

Key Details

Property Type Other Types

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,197 sqft

Price per Sqft $327

MLS Listing ID 11129251

Year Built 1926

Annual Tax Amount $96,905

Tax Year 2019

Lot Dimensions 136X60X132X93

Property Sub-Type Mixed Use

Property Description

Here is your opportunity to acquire a fully leased, Multi-tenant investment property in the heart of downtown Forest Park! 80% of the tenants have long term in places until 2026! Very stabilized asset that provides an investor a turn-key investment that has many long term tenants in place with a strong rental history. These include Jimmy John's, which has been in the building for 16 years and this location is one of the best producing locations for its franchisee. An IT consulting firm began in the building in 2009 and has expanded within the building over the past 10 years and just extended an additiona 5 years. Healy's West Side is a neighborhood institution with over 20+ years in Forest Park. Yo Taco is a Mexican restaurant that has 2 total locations.

Location

State IL

County Cook

Area Forest Park

Zoning COMMR

Interior

Heating Central Bldg Heat, Forced Air, Gas

Cooling Central Air

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site

View Y/N true

Building

Dwelling Type Mixed Use

Story 2

Foundation Concrete Perimeter

Architectural Style Mixed Use

Structure Type Brick,Block

Others

Tax ID 15124340531004

Midwest Real Estate Data (MRED)
MRED as distributed by MLS GRID.
Listed by @properties Commercial
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agent
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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7321 Madison Street

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