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For Lease

Second-Generation Forest Park Restaurant For Lease

7353 Madison St, Forest Park, IL 60130

3,000

SF Available
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.

Key features

  • 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

Rental Details

  • Number of spaces 1
  • Total square feet available 3,000 SF
  • For Lease $30.00/SF/YR
  • Space Types Restaurant
  • Lease Type Modified Gross
  • Date Updated Jun 19, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

1

  • Space Type Restaurant
  • Lease Rate $30.00/SF/YR
  • Total Space Available 3,000 SF
  • Divisible Space 3,000 - 3,000 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No
  • Turnkey Yes
broker
Marcus Sullivan

SVN | Chicago Commercial

Contacts

broker
Marcus Sullivan

SVN | Chicago Commercial

Building Details

  • For Lease $30.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 4,275 SF
  • Units 7
  • Lot Size 0.07 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1905
  • Year Renovated 2010
  • Date Updated Jun 19, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Walker's Paradise (94)
  • Bike Score ®

    Bikeable (54)
Powered by Walk Score ®

Location

  • City Forest Park, IL
  • Zip Code 60130
  • Market Chicago

Points of Interest

Elmwood Park

3.13 miles

Cicero

3.27 miles

Berwyn

3.32 miles

54th/Cermak

3.35 miles

Harlem Avenue

3.36 miles

Riverside

3.69 miles

Hollywood

4.02 miles

Kostner

4.33 miles

Brookfield

4.33 miles

Citgo

0.25 miles

Exxon

0.32 miles

Thorntons

0.37 miles

Mobil

0.97 miles

7-Eleven

1.13 miles

Soofa Solar Phone Charger

2.01 miles

ChargePoint

3.69 miles

eVgo

6.10 miles

Tesla Destination Charger

7.18 miles

Holly Court Parking Garage

0.73 miles

Avenue Parking Garage

0.97 miles

Lot 84

1.10 miles

Jewel Osco Lot

1.15 miles

Lot 46 G

1.37 miles

Concordia University Parking Garage

1.41 miles

Jewel-Osco

0.58 miles

Target

0.66 miles

Sugar Beet Co-op

0.74 miles

Trader Joe's

0.77 miles

Ed's Way

0.77 miles

Carnival Grocery

0.93 miles

Living Fresh Market

1.13 miles

Walmart Supercenter

1.31 miles

Marshalls

2.19 miles

7353 Madison St Listing Summary

  • The Price for Retail Space at 7353 Madison St

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 7353 Madison St, asking rent starts at $$30.00/SF/YR per square foot.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 7353 Madison St was last renovated in 2010.

  • Retail Space Options Available at 7353 Madison St

    The property exclusively contains Restaurant space totaling 3,000 square feet. The leasing opportunity here is available under Modified Gross lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 7353 Madison St, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
broker
Marcus Sullivan

SVN | Chicago Commercial

  1. 1Main information
  2. 2Extra information
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