7508-7510 Madison St
Forest Park, IL 60130
Retail Property For Sale

FOREST PARK COMMERCIAL MIXED USE BUILDING FOR SALE! ASKING $1,300,000! 2 STORY FRONT BRICK BUILDING WITH 2 STORY FRAME SEPTEMBER 2011 REMODELED COACH HOUSE! THERE ARE 8 UNITS IN TOTAL CONSISTING OF 3 RENTED COMMERCIAL SPACES AND 5 RENTED APARTMENTS UNITS! APARTMENT MIX IS 2 – 3 BEDROOM / 1 BATHROOM AND 3 – 2 BEDROOM / 1 BATHROOMS! 2 UNFINISHED LOW HEIGHT BASEMENTS! THERE'S A 4 CAR BRICK GARAGE AND 4 OUTDOOR PARKING SPOTS! ALL GAS AND ELECTRIC UTILITIES ARE SEPARATED AMONG THE 8 UNITS! ALL UNITS HAVE CENTRAL HEAT AND A/C! LANDLORD PAYS WATER! ROOF REPLACED 2010! 2009 REAR CONCRETE DRIVEWAY! VILLAGE PARKING LOCATED DIRECTLY BEHIND BUILDING! BUILDING LOCATED ON MADISON IN DOWNTOWN FOREST PARK! BUILDING 10 MINUTES FROM CTA BLUE LINE! PIN: 15-13-201-003-0000 2017 TAXES - $60,417.51 CAP RATE – 6.6% BUILDING AREA – 9900 SF MINIMUM DOWN PAYMENT - $50,000 BUYER AGENT COMMISSION: $25,000 TO SELLING OFFICE CALL ME FOR A SHOWING: 630-660-1292 EMAIL ME: victor.lopez@bairdwarner.com IF YOU WANT A COPY OF THE 1) INCOME/EXPENSE REPORT, 2) RENT ROLL, 3) FINANCIAL SUMMARY, I WILL NEED TO SEE PROOF OF FUNDS OR PRE APPROVAL LETTER. YOU CAN EMAIL THE PROOF OF FUNDS LETTER.