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Commercial Land for Sale in Forest Park, Illinois
7525 Madison Ave, Forest Park, IL 60130
$4,500,000
Active
ago
Est $36,381/moIncredible Redevelopment or Investment Opportunity! Over 38,000 sq. ft. single-story former bank with dedicated drive-thru and adjacent restaurant. Massive basement offers excellent accessibility and potential indoor parking for 100+ cars. Positioned on a high-traffic corridor surrounded by popular shops, restaurants, and specialty stores. Ideal site for a luxury residential rental development or mixed-use project. The separate restaurant adds immediate value or leasing potential. A rare chance to transform a prime location into something extraordinary-endless potential for developers or investors seeking visibility and scale.
Location
- Street address
- 7525 Madison Ave
- County
- Cook County
- Community
- Forest Park
- Elevation
- 625 feet
Directions
SouthEast Corner of Madison & Des Plaines
Property details
- Zoning
- COMMR
- MLS #
- MRED 12538779
- Posted
Property taxes
- 2024
- $68,000
Parcels
- 05321150060000
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Available | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 7, 2026 | New listing | $4,500,000 | — | MRED |
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