AbodeABODE

7232 Madison Street

Forest Park, IL 60130

7232 Madison Street, Forest Park, IL 60130 — exterior front view
7232 Madison Street, Forest Park, IL 60130 — exterior view
7232 Madison Street, Forest Park, IL 60130 — exterior view

7232 Madison Street

Forest Park, IL

$615,000

ActiveMLS #MRD12575906

7232 Madison Street

Forest Park, IL 60130

$615,000

Reduced $34,900

List Price

Studio

Layout

About This Property

Rehabbed Storefront with high ceilings and hardwood floors. Prime high traffic location. Three bedroom apartment on 2nd floor. Two car garage and rear yard. Total building sq. ft. 3,504. Owner retiring building to be sold in "as is" condition. Owner currently occupies storefront and 2nd floor apartment.

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Days on Market147
Building
StyleMixed Use
Year Built1920
Lot Size25 X 125
CountyCook
CoolingCentral Air
Lot Dimensions25 X 125
MLS #MRD12575906
Days on Market147
List DateFebruary 24, 2026
StatusActive
Annual Taxes$12,625
Listing Courtesy OfAriston Realty Corporation

Price reduced

$615,000

$14,000

Jul 14, 2026

Price reduced

$629,000

$20,900

Apr 15, 2026

Listed for sale

MLS #MRD12575906

$649,900

Feb 24, 2026

Mortgage Estimate

$4,162

/month
Principal & Interest
$3,110
Property Taxes
$1,052
20% · $123,000
6.5%

Location

Explore Forest Park

Commute Time

Calculate the time and distance from 7232 Madison Street, Forest Park, IL 60130 to your preferred destination.

7232 Madison Street, Forest Park, IL 60130

Neighbourhood Amenities

No results found in this area.

Lifestyle Amenities

No results found in this area.

Neighborhood Market Trends

12-month market analysis for Forest Park

Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

Abode

Abode Real Estate

Trusted guidance from first tour to closing day

Schedule a Private Showing

Pick a date and time — we'll handle the rest.

Call

Interested in This Property?

Our team is ready to arrange a private showing and answer any questions about 7232 Madison Street, Forest Park, IL 60130.

Call Us

Beyond the front door

Explore the neighborhood