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Listed by Barry Newmanof eXp Realty

$ 4,500,000

Est. payment -/mo

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Active

7521 Madison Street Forest Park, IL 60130

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12538779

Annual Tax Amount $68,000

Tax Year 2024

Lot Dimensions 108x150x157x182

Property Sub-Type Land

Property Description

Incredible 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

State IL

County Cook

Zoning COMMR

Rooms

Basement Cellar

Interior

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

View Y/N true

Schools

School District 91, 91, 209

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

SCHOOLSPROPERTIES

Elementary Schools 20

10

Lincoln Elementary School

Public | PK - 4
10

Willard Elementary School

Public | PK - 4
9

Roosevelt School

Public | 5 - 8
8

Washington Elementary School

Public | PK - 8
8

A F Ames Elementary School

Public | KG - 5
8

Horace Mann Elementary School

Public | KG - 5
8

William Hatch Elementary School

Public | PK - 5
7

Oliver W Holmes Elementary School

Public | PK - 5
7

Abraham Lincoln Elementary School

Public | KG - 5
7

Irving Elementary School

Public | KG - 5
7

Longfellow Elementary School

Public | PK - 5
6

Elmwood Elementary School

Public | 1 - 6
6

Blythe Park Elementary School

Public | KG - 5
6

Jefferson Elementary School

Public | PK - 5
6

Piper School

Public | KG - 5
6

William Beye Elementary School

Public | KG - 5
6

Whittier Elementary School

Public | PK - 5
5

Brook Park Elementary School

Public | KG - 5
5

Melrose Park Elementary School

Public | PK - 8
5

Rhodes Elementary School

Public | PK - 8

Middle Schools 7

7

Lincoln Middle School

Public | 6 - 8
6

Elm Middle School

Public | 7 - 8
6

Heritage Middle School

Public | 6 - 8
6

Percy Julian Middle School

Public | 6 - 8
5

Gwendolyn Brooks Middle School

Public | 6 - 8
4

Forest Park Middle School

Public | 6 - 8
4

Freedom Middle School

Public | 6 - 8

High Schools 10

10

Proviso Math and Science Academy

Public | 9 - 12
10

Oak Park & River Forest High School

Public | 9 - 12
8

Elmwood Park High School

Public | 9 - 12
3

J Sterling Morton West High School

Public | 9 - 12
1

Proviso East High School

Public | 9 - 12
1

J Sterling Morton East High School

Public | 10 - 12
0

Paec Alternative High School

Public | 9 - 12
0

Trinity High School

Private | 9 - 12
0

Alop Academic Learning Program

Public | 9 - 12
0

Fenwick High School

Private | 9 - 12

School and business data provided by Attom Data.

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7521 Madison Street Forest Park, IL 60130

Key Details

Location

Rooms

Interior

Exterior

Schools

Others

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7521 Madison Street