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Lisa Hillman

john greene Realtor

lisahillman@johngreenerealtor.com +1(630) 276-8455

Listed by Barry Newmanof eXp Realty

$ 4,500,000

Est. payment -/mo

Save

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

Nearby School & Business

SCHOOLSPROPERTIES

Elementary Schools 5

5

Grant-White Elementary School

Public | 3 - 5
0

St Luke Parish School

Private | PK - 8
0

Garfield Elementary School

Public | PK - 2
0

Walther Christian Academy

Private | PK - 8
0

Montessori Language Academy

Private | PK - KG

School and business data provided by Attom Data.