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.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.
Highlights
Approximately 3,000 SF of second-generation restaurant space
Attractive, well-appointed bar and seating area
Bright and inviting main dining room with abundant natural light
Excellent visibility and pedestrian traffic
Full basement for storage, refrigeration, and operational support
Full commercial kitchen
Fully built-out restaurant with existing infrastructure in place
Large outdoor patio/dining area at the front of the building
Prime location within Forest Park's vibrant Madison Street dining district
Private rear dining room for events, parties, or overflow seating
Surrounded by a strong mix of restaurants, bars, retailers, and neighborhood amenities
The rental rate for this retail space is $30.00/SF/YR.
Second-Generation Forest Park Restaurant For Lease totals 4,275 SF.
There is 1 Restaurant
space for rent.The total retail space available is 3,000 SF.
Parking information for the property isn't currently listed.
However, other nearby parking options include Forest Park Park & Ride, located 0.51 miles away
,
and Holly Court Parking Garage, which is 0.73 miles away.