Forest Park IL Real Estate & Commercial for Sale

8 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
2,200
Status:
Active
MLS#:
12597718
Type:
General Commercial
Lot size:
0.07 Acres
Year built:
1909
A broker reciprocity listing Courtesy: Strauss Realty Ltd 773-736-3600
View additional info

ADDITIONAL INFORMATION

Great opportunity for any business owner! Vacant mixed-use building with 2-bedroom apartment and 1,100 SF store. Located on busy Roosevelt Road with traffic count of 23,700 vehicles per day. The upstairs 2-bedroom apartment includes a den, with living room, formal dining room, and large kitchen, as well as unique and original woodwork details. Nearby businesses along Roosevelt Road include Walgreens, Shell, Jewel-Osco, McDonald's, Culvers, Walmart, Planet Fitness and much more. Population of 266,125 within 2 miles with 93,067 households and average household income of $107K.

Beds:
n/a
Baths:
Sq.Ft.:
21,000
Status:
Active
MLS#:
12591220
Type:
Other
Lot size:
0.23 Acres
Year built:
1926
A broker reciprocity listing Courtesy: Berkshire Hathaway HomeServices Chicago 312-944-8900
View additional info

ADDITIONAL INFORMATION

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 providing flexibility for repositioning or adaptive reuse depending on ownership strategy. Approximately 6,800 square feet is currently available, presenting a compelling opportunity for an owner-user to occupy a significant portion of the building while benefiting from in-place income, or for an investor to lease up the vacancy and increase overall cash flow and value. A defining feature of the asset is its robust electrical infrastructure, delivering in excess of 1,200 amps of electrical service capacity. This level of service significantly expands the universe of viable users and positions the property for power-intensive operations that are typically difficult to accommodate in comparable suburban assets. This infrastructure, combined with the building's size and layout, makes the property suitable for a wide range of commercial applications, including entertainment and event venues, restaurant and hospitality concepts, medical and healthcare uses such as outpatient clinics, physical therapy, imaging, and specialty practices, fitness and wellness facilities, technology and data-oriented users, production and light industrial-style uses, creative office or showroom concepts, educational or training facilities, and specialty retail or experiential concepts. Located just west of Harlem Avenue, the property sits in the core of Forest Park's dining and entertainment district, surrounded by established restaurants, bars, and neighborhood retail. The area continues to benefit from strong consumer traffic, ongoing reinvestment, and excellent regional connectivity via CTA Blue and Green Lines, Metra, Pace, and immediate access to I-290. This is a unique opportunity to acquire a scalable, infrastructure-rich asset in a supply-constrained suburban downtown with multiple pathways for value creation. Owner/ Listing Broker holds a Real Estate License in IL.

Beds:
n/a
Baths:
Sq.Ft.:
2,912
Status:
Active
MLS#:
12585424
Type:
Mixed Use
Lot size:
0.06 Acres
Year built:
1959
A broker reciprocity listing Courtesy: Westward360 RM 773-572-0880
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ADDITIONAL INFORMATION

Excellent Mixed-Use Investment Opportunity in Forest Park! Well-maintained mixed-use building featuring 3 spacious 1BR/1BA apartments above a ground-floor commercial space currently operating as a laundromat. The residential units offer large rooms and comfortable layouts that appeal to long-term tenants seeking convenient suburban living with easy access to Chicago. The laundromat tenant owns the business and is in the final six months of their lease, creating a unique opportunity for a new owner. The existing tenant has expressed willingness to sell the laundromat business in a separate transaction, offering the potential for an owner-operator or additional income stream. This property benefits from a high-visibility location along Roosevelt Road and strong neighborhood amenities. Residents enjoy easy access to shopping including Jewel-Osco, Walmart, and the Forest Park Plaza shopping area, all within walking distance. Outdoor recreation is nearby at Maple Park, just a few blocks away. The property is also well positioned; located just minutes from several universities including Concordia University Chicago, Dominican University, and Triton College, all within a short drive. Commuting is convenient with quick access to the Chicago Blue Line via the nearby Forest Park Station, plus easy connections to I-290 highway and multiple bus routes. 400-amp electrical service, emergency lighting and exit signage in the laundromat, rear office space within the commercial unit. Strong visibility and foot traffic along Roosevelt Rd. Whether you're looking for stable rental income, value-add potential, or a mixed-use investment with business upside, this property presents a compelling opportunity in the growing Forest Park market. Schedule your showing today and explore the potential.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12575906
Type:
Mixed Use
Lot size:
0.05 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Ariston Realty Corporation 708-771-5000
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
4,275
Status:
Active
MLS#:
12464372
Type:
Mixed Use
Lot size:
0.07 Acres
Year built:
1906
A broker reciprocity listing Courtesy: P.M. Walsh & Co. 708-456-6400
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ADDITIONAL INFORMATION

Premier Madison Street mixed-use building in the heart of Forest Park. Fabulous & vibrant Madison Street location offers high visibility & high foot traffic. First floor is currently a long-time local restaurant & bar with hardwood flooring, exposed brick walls, large bar & professional kitchen. Second floor currently has two apartments. There is a large private deck for the rear apartment. Outdoor front patio area is a crowd pleaser! There is a partial basement for storage. Convenient alley access for deliveries.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12453771
Type:
Mixed Use
Lot size:
0.07 Acres
Year built:
1931
A broker reciprocity listing Courtesy: Beaulieu Real Estate 773-282-7979
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ADDITIONAL INFORMATION

PRICE ADJUSTED - PRICED TO SELL! Forest Park's Hottest Corridor-Prime Commercial Space Available. Make it yours!! High-visibility Storefront in the Heart of Forest Park. Where foot traffic meets opportunity. Located in the heart of Forest Park's vibrant Madison Street corridor, this versatile mixed-use commercial property offers approx. 3,000 sq. ft. of highly visible space. Expansive storefront windows flood the interior with natural light while showcasing unbeatable street exposure-perfect for attracting both foot and drive-by traffic. The property features a fully built-out layout, a welcoming front dining or retail area, a central section with a full bathroom-ideal for office space-and a rear area perfectly suited for storage, a small workshop, or additional service/retail use. A designated private parking space, convenient rear delivery access, and flexible zoning that accommodates restaurants, retail, or mixed commercial use. Set in a lively corridor of shops, dining, and new developments, this location offers strong demographics, reliable pedestrian flow, and easy transit connections. A rare opportunity to secure a premier location in one of the area's most sought-after commercial districts-ideal for entrepreneurs, investors, or business owners looking to establish a lasting presence. Schedule your showing today!!

Beds:
n/a
Baths:
Sq.Ft.:
12,500
Status:
Active
MLS#:
12315451
Type:
General Commercial
Lot size:
0.07 Acres
Year built:
1915
A broker reciprocity listing Courtesy: Coldwell Banker Realty 773-631-8300
View additional info

ADDITIONAL INFORMATION

WOW!! ATTENTION ALL WHAT A GREAT PRICE REDUCTION FOR THIS CENTERALIZED LOCATED PROPERTY. WHICH IS A GREAT INVESTMENT OPPORTUNITY ON MADISON STREET IN THIS DOWN TOWN BUSINESS DISTRICT. 4580SQFT OF STORE FRONT THAT IS CURRENTLY BEING USED AS A RETAIL STORE, WHICH INCLUDES THE FINISHED BASEMENT AREA.SEPERATELY ZONED HEATING AND COOLING. GROUND LEVEL HAS HARDWOOD FLOORS,BATHROOM AND A KITCHEN WITH HIGH CEILINGS AND LOTS OF STORAGE. LOWER LEVEL ALSO HAS A BATHROOM AND UTILITY ROOM AND ADDITIONAL STORAGE. THIS PROPERTY IS IN AN AMAZING LOCATION WITH GREAT CURB APPEAL. MAKE IT YOUR'S ,MANY POSSIBILITIES AWAIT.THERE IS AMPLE STREET AND VILLAGE PARKING. SURROUNDED BY A VARIETY OF DINING,SHOPPING AND LOTS OF ENTERTAINMENT EXPERIENCES FOR YOUR ENJOYMENT. EASY ACCESS TO EXPRESSWAY,PUBLIC TRANSPORTATION AND THE TRAIN.THE PRESENT OWNER SAID IT IS TIME TO MOVE ON TO OTHER VENTURES SO SELL. SO COME SEE THE SPACE MAKE AN OFFER AND YOU COULD BE THE OWNER OF THIS AMAZING LOCATION AND SPACE.

Beds:
n/a
Baths:
Sq.Ft.:
45,000
Status:
Active
MLS#:
12303923
Type:
General Commercial
Lot size:
2.02 Acres
Year built:
1977
A broker reciprocity listing Courtesy: Strauss Realty Ltd 773-736-3600
View additional info

ADDITIONAL INFORMATION

Excellent user/investment opportunity in an affluent suburb! 45,000 SF industrial building on 2.019 acres in Forest Park for sale. The property features 2 docks, 3 drive-in doors, and 30 parking spaces. Ceiling heights range from 14' to 20'. Current tenants include a gymnastics center, MMA gym, baseball group, a softball travel program, and a rage room. NOI: $261K. Currently there is one 4,500 SF space vacant and available for lease. Conveniently located near I-290 and a variety of amenities such as Walmart, Costco, North Riverside Mall, and the Harlem Blue Line station. Wet sprinklers.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Forest Park Real Estate

Forest Park is located in Illinois. Forest Park, Illinois has a population of 14,297. Forest Park is less family-centric than the surrounding county with 17.83% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Forest Park, Illinois is $72,827. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Forest Park is 42.4 years.

Forest Park Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 38.9 inches per year, with 34.4 inches of snow per year.

Forest Park Map

Forest Park Real Estate Market Conditions

  • Median sales price

    $275,000
    12.6%
    change since last quarter
  • # Active listings

    52
    30-day change

Forest Park Schools and Demographics

Education near Forest Park, IL

City County
High School Graduates 95.32 87.97
College Degree - 2 year 10.04 6.73
College Degree - 4 year 48.34 40.75
Graduate Degree 14.07 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Forest Park, IL

Grades Students P/T Ratio ZIP
A F Ames Elementary School KG - 05 361 14.7 60546
Abraham Lincoln Elementary School KG - 05 659 17.3 60304
Betsy Ross Elementary School KG - 02 153 10.2 60130
Blythe Park Elementary School KG - 05 154 13.8 60546
Central Elementary School KG - 05 407 14.9 60546
Emerson Elementary School PK - 05 491 16.8 60153
Field Stevenson Elementary School 03 - 05 142 7.9 60130
Garfield Elementary School KG - 05 455 18.5 60153
Garfield Elementary School PK - 02 135 8.4 60130
Grant-White Elementary School 03 - 05 79 7.9 60130
Irving Elementary School KG - 05 501 14.3 60304
Komarek Elementary School PK - 08 517 12.7 60546
Lincoln Elementary School PK - 05 681 19.4 60153
Lincoln Elementary School PK - 04 383 14.4 60305
Longfellow Elementary School PK - 05 695 18.3 60304
Washington Elementary School PK - 01 73 12.4 60153
Willard Elementary School PK - 04 311 11.4 60305

Middle Schools near Forest Park, IL

Grades Students P/T Ratio ZIP
Forest Park Middle School 06 - 08 262 8.4 60130
Irving Elementary School 06 - 08 682 16.1 60153
L J Hauser Junior High School 06 - 08 588 13.9 60546
Lexington Elementary School PK - 08 288 18.6 60153
Roosevelt School 05 - 08 655 12 60305

High Schools near Forest Park, IL

Grades Students P/T Ratio ZIP
Proviso East High School 09 - 12 1,623 23.2 60153
Proviso Math and Science Academy 09 - 12 751 20.3 60130
Riverside Brookfield Township High School 09 - 12 1,571 18.3 60546

Ungraded Schools near Forest Park, IL

Grades Students P/T Ratio ZIP
* Proviso THSD 209 Dream School 10 - 12 14 7 60130
PAEC Alternative High School 09 - 10 84 5.6 60153
Proviso Area Except Child Center 01 - 12 182 7.6 60153

Demographics near Forest Park, IL

City County
Neighborhood Type Inner City
Population 14,297 5,265,398
Population Density 5,952 5,572
Median Age 42.4 37.3
People per Household 2 2.5
Median Household Income 72,827 72,121
Average Income per Capita 47,658 41,706

Real estate near Forest Park