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7405 Madison St 1,845 SF of Retail Space Available in Forest Park, IL 60130
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,845 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $55,350 /YR $4,613 /MO | Modified Gross |
1st Floor
Exceptional retail leasing opportunity in a high-visibility, high-foot-traffic location along vibrant Madison Street in the heart of Forest Park. This 1,845 SF ground-floor retail space features dramatic floor-to-ceiling windows that provide excellent natural light and storefront exposure, complemented by exposed brick walls and a striking ultra-modern glass entry door. The space is currently configured with an open retail area, dedicated office, and ample storage, offering flexibility for a variety of retail, showroom, or service-oriented uses. High ceilings and strong street presence create an inviting customer experience, while efficient back-of-house space supports day-to-day operations. Additional features include four private parking spaces, convenient alley access for deliveries, and basement storage. Surrounded by popular restaurants, coffee shops, boutiques, and specialty retailers, this location benefits from consistent pedestrian traffic and strong neighborhood demographics. Ideal for retailers seeking a well-maintained, turnkey space in one of Forest Park’s most active commercial corridors.
- Listed rate may not include certain utilities, building services and property expenses
- Located in the heart of the Madison St. Corridor
- Loft style with high ceilings and open retail area
- Dedicated office and ample work and storage areas
- Basement for additional storage
- 2 dedicated parking spot along the back alley
- Surrounded by popular restaurants and retailers
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 7405 MADISON ST, FOREST PARK, IL 60130
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Moss Modern Flowers Ltd
- Florist
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Moss Modern Flowers Ltd | Florist | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,845 SF | Gross Leasable Area | 3,686 SF |
| Property Type | Retail | Year Built | 1916 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.09/1,000 SF |
| Total Space Available | 1,845 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,686 SF |
| Year Built | 1916 |
| Parking Ratio | 1.09/1,000 SF |
NEARBY MAJOR RETAILERS
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7405 Madison St
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