River Forest, IL 60305 7610 Madison Street
$885,000
5 more
Presented By: @properties Christie's International Real Estate
SQFT • 2,448
Home Details
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.
Presented By: @properties Christie's International Real Estate
Interior Features for 7610 Madison Street
Other Interior Features
Street SuffixStreet
General for 7610 Madison Street
Additional Parcels Y/NYes
CityRiver Forest
Construction MaterialsBrick
CoolingCentral Air, Window Unit(s)
CountyCook
DirectionsWest of DesPlaines Ave. on Madison St. North side of street.
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income55800
Insurance Expense1730
Lot Size Square Feet4180
MLS AreaRiver Forest
Number Of Units Total3
Possible UseCommercial, Office, Development, Other
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount12320
Tax Year2022
Tenant PaysElectricity
Total Actual Rent0
TownshipRiver Forest
Trash Expense0
Water Sewer Expense0
Year Built1925
ZoningCOMMR
Exterior for 7610 Madison Street
Building Area Total2448
Lot Dimensions33 X 125
Additional Details
Price History
