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7610 Madison Street

River Forest, IL 60305
  • $885,000
  • STATUS: Active
  • ON SITE: 317 Days
  • MLS #: 12012221
$885,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

Description

Rare opportunity for commercial investment in beautiful River Forest! Currently a two-story mixed-use building with multiple offices and apartment. Property is located in a "tax increment financing (TIF) district" with possible benefits for pre-existing buildings and new development. The Village of River Forest "will evaluate development proposals on a case-by-case basis using their planned development review process and independent Development Review Board (DRB) of volunteer residents." Please contact the Village of River Forest for further information regarding what may or may not be built on this highly visible block. Building being sold in "As Is" condition. Agent-owned property.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7610 Madison Street River Forest, IL 60305

  • Price: $885,000
  • Status: Active
  • On Site: 317 Days
  • MLS #: 12012221
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1925
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Rare opportunity for commercial investment in beautiful River Forest! Currently a two-story mixed-use building with multiple offices and apartment. Property is located in a "tax increment financing (TIF) district" with possible benefits for pre-existing buildings and new development. The Village of River Forest "will evaluate development proposals on a case-by-case basis using their planned development review process and independent Development Review Board (DRB) of volunteer residents." Please contact the Village of River Forest for further information regarding what may or may not be built on this highly visible block. Building being sold in "As Is" condition. Agent-owned property.
Exterior Features

Exterior Building Type Brick Outdoor Parking 6-12 Spaces

Interior Features

Cooling Central AirWindow Unit(s) Heat Ventilation Forced AirGas Miscellaneous Inside Multi-TenantPrivate Restroom/sStorage InsideBasement Number Of Ranges 2

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 2448 Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Fire Extinguisher/s Geographic Locale Chicago West Gross Income 55800 Gross Scheduled Income 55800 Insurance Expense 1730 Location Mixed Use AreaHigh Traffic Area Mls Actual Status Active Number Of Tenants 3 Ownership Types Land Trust Possible Use CommercialOffice and ResearchDevelopmentOther Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 12320 Tax Year 2022 Tenant Pays Electricity Total Monthly Income 4650 Township River Forest Type Mixed Use Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of @properties Christie's International Real Estate: 847-881-0200.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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