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7321 Madison Street

Forest Park, IL 60130

7321 Madison Street, Forest Park, IL 60130 — exterior front view
7321 Madison Street, Forest Park, IL 60130 — exterior view
7321 Madison Street, Forest Park, IL 60130 — exterior view

7321 Madison Street

Forest Park, IL

$2,999,000

ActiveMLS #MRD12591220

7321 Madison Street

Forest Park, IL 60130

$2,999,000

List Price

Studio

Layout

6,800

Sq Ft

$441

/ Sq Ft

About This Property

Positioned on a prime corner along Forest Park's highly active Madison Street corridor, 7321 Madison Street presents a rare opportunity to acquire a 21,000 square foot mixed-use commercial asset with exceptional visibility, scale, and infrastructure. The property features distinctive brick construction with frontage on both Madison Street and Circle Avenue, offering strong identity and accessibility. The building supports a mix of restaurant, entertainment, retail, and office uses, while also p...

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Square Feet6,800
Price / Sq Ft$441
Days on Market41
Building
StyleRestaurant
Year Built1926
Lot Size118X86
CountyCook
CoolingCentral Air
FlooringWood
ExteriorBrick, Wood
Lot Dimensions118X86
MLS #MRD12591220
Days on Market41
List DateMarch 17, 2026
StatusActive
Annual Taxes$148,543
Listing Courtesy OfBerkshire Hathaway HomeServices Chicago

Listed for sale

MLS #MRD12591220

$2,999,000

Mar 17, 2026

Mortgage Estimate

$27,543

/month
Principal & Interest
$15,165
Property Taxes
$12,379
20% · $599,800
6.5%

Location

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7321 Madison Street, Forest Park, IL 60130

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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.

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