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7353 Madison St
Forest Park, IL 60130 West Cook

$7,500 USD/MO

Restaurant For Lease  •  3,000 SF

Property Details

  • Property Type Restaurant
  • Year Built 1920
  • Total Building Size 4,275 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning DBD
60 Transit Score
90 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Restaurant Retail 3,000 SF $30.00 USD/SF/YR
Outstanding opportunity to lease a fully built-out second-generation restaurant space in the heart of Forest Park's acclaimed Madison Street dining district. This approximately 3,000-square-foot restaurant offers a turnkey opportunity for operators seeking a highly functional and inviting space with extensive existing infrastructure.

The premises feature a full commercial kitchen buildout, allowing a new operator to significantly reduce startup costs and expedite opening. The spacious and bright main dining room offers an attractive atmosphere with abundant natural light, a well-appointed bar, and ample seating capacity, creating an ideal setting for both casual dining and evening service.

In addition to the main dining area, the space includes a private rear dining room that is perfectly suited for private events, corporate gatherings, celebrations, or overflow seating during peak operating hours. This flexible layout provides multiple revenue opportunities and enhances the overall guest experience.

The property also benefits from a full basement, offering substantial additional space for storage, refrigeration, inventory management, and operational support. Complementing the interior amenities is a large outdoor patio area at the front of the building, providing valuable seasonal seating and a highly desirable outdoor dining experience along one of the region's most active restaurant corridors.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Double Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

Located in the heart of Downtown Forest Park, 7353 Madison Street offers a premier position along one of Chicagoland's most vibrant and established dining and entertainment corridors. Madison Street serves as the community's main commercial artery, drawing residents and visitors from across the western suburbs for its diverse collection of restaurants, bars, cafés, boutiques, and neighborhood services.

Forest Park has earned a reputation as a destination dining district, with Madison Street featuring a highly walkable environment and a concentration of locally owned establishments that generate consistent daytime and evening traffic. The area benefits from a dense residential base, strong household incomes, and a loyal customer following from neighboring communities including Oak Park, River Forest, Elmwood Park, and Berwyn.

The property enjoys excellent accessibility via major regional transportation routes, including Interstate 290, and is within walking distance of the CTA Blue Line and the Metra Union Pacific West Line, providing convenient access for employees and patrons from throughout the Chicago metropolitan area.

Adding to the area's demand drivers, Forest Park is home to major institutional employers, including Loyola University Medical Center, Rush Oak Park Hospital, and the Hines VA Hospital, which contribute thousands of employees, visitors, and healthcare professionals to the surrounding market.

With its established restaurant scene, strong demographics, convenient transit access, and thriving small-business environment, Downtown Forest Park continues to attract both independent operators and regional concepts seeking visibility in a proven hospitality market.

Highlights

Second-generation restaurant space | Fully built-out restaurant with existing infrastructure in place | Full commercial kitchen
Bright and inviting main dining room w/ abundant natural light | Attractive, well-appointed bar and seating area | Private rear dining room for events
Full basement for storage, refrigeration, and operational support | Large outdoor patio/dining area at the front of the building
Prime location within Forest Park's vibrant Madison Street dining district
Surrounded by a strong mix of restaurants, bars, retailers, and neighborhood amenities | Excellent visibility and pedestrian traffic

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Oak Park Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 17 min 0.9 mi
River Forest Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.3 mi
Transit/SubwayDriveWalkDistance
Harlem Station (Blue Line - Forest Park Branch) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 11 min 0.6 mi
Forest Park Station (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 13 min 0.7 mi
Harlem/Lake Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 15 min 0.8 mi
Oak Park Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 21 min - 10.1 mi
Chicago O'Hare International 41 min - 14.0 mi
Marcus Sullivan 773-405-4641 SVN | Chicago Commercial
Marcus Sullivan 773-405-4641 SVN | Chicago Commercial