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$ 4,500,000
Est. payment /mo
New
7521 Madison ST 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
Area Forest Park
Zoning COMMR
Rooms
Basement Cellar
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available
Building
Dwelling Type Land
Schools
School District 91 , 91, 209
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Barry Newman of eXp Realty
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