This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
$685,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
Property Description
Rehabbed Storefront with high ceilings and hardwood floors. Prime high traffic location. Three bedroom apartment on 2nd floor. Two car garage and rear yard. Total building sq. ft. 3,504. Owner retiring building to be sold in "as is" condition. Owner currently occupies storefront and 2nd floor apartment.
Full Property Details
Full Property Details for 7232 Madison St
General
- Price: $685,000
- Taxes: $12,625 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12510550
- Updated: 12/23/2025
- Added to Site: 74 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Forest Park
- County: Cook
- Township: Proviso
- Driving Directions: Harlem to Madison West to 7232
- Location Details: East/West Corridor
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 2,125
- Lot Dimensions: 25 x 125
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1920
- Tax Amount: $12,625
- Tax Year: 2023
Disclosures and Reports
- Property ID: 15132060040000
Listed by Ariston Realty Corporation
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7232 Madison St
School Districts:Forest Park School District 91, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Forest Park, IL 543 Hannah Avenue, Forest Park, IL 60130 | PK-2 | 0.3 mi |
Field Stevenson Elementary School 925 Beloit Avenue, Forest Park, IL 60130 | 3-5 | 0.7 mi |
Forest Park Middle School, Forest Park, IL 925 Beloit Avenue, Forest Park, IL 60130 | 6-8 | 0.7 mi |
Proviso East High School 807 South 1st Avenue, Maywood, IL 60153 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7232 Madison St
Date
Details
Price
Change
Source
11/04/2025
Listed
$685,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7232 Madison St
7232 Madison Street, Forest Park, IL 60130 (MLS# 12510550) is a Commercial property. 7232 Madison Street is currently listed for $685,000 and was received on November 04, 2025. Want to learn more about 7232 Madison Street? Do you have questions about finding other Commercial real estate for sale in Forest Park? You can browse all Forest Park real estate or contact a Coldwell Banker agent to request more information.

