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- LoopNet Team
7632-34 Madison St
Forest Park, IL 60130
Land For Sale
·
6,250.00 AC
Investment Highlights
- Established area of light commercial uses including medical, restaurant, retail and office.
- Surrounding strong supporting residential market area.
- Property zoning supports multi-family residential commercial (4-6 unit) redevelopment
Property Facts
Description
The subject is a 50' X 125' DBD zoned site with an older 1 story brick commercial building containing 3,750 sf. The property is currently improved with an older 1 story masonry 3 unit retail/office type building. 'DBD' Downtown Business District zoning where buildings are intended to be place close to the street to create a vibrant pedestrian environment. New development area on the River Forest (north) side of the street corridor currently offered. The subject 6,250 sf site can support the construction of a 3 story 4-6 unit residential and commercial development.
Property Taxes
| Parcel Number | 15-13-102-014-0000 | Improvements Assessment | $72,613 |
| Land Assessment | $21,875 | Total Assessment | $94,488 |
Property Taxes
