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7211-7227 Madison St 3,502 SF of Retail Space Available in Forest Park, IL 60130
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 7217 | 3,502 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Plus All Utilities |
1st Floor, Ste 7217
- Listed lease rate plus proportional share of utilities
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 7211-7227 MADISON ST, FOREST PARK, IL 60130
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Core Strength
- -
- 1
- -
- Edward Jones
- Finance Company
- 18,291
- International
- Prudential Home Health Services
- Health Care
- 4
- Local
- Sylvan Learning
- Other Services
- 1,317
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Core Strength | - | 1 | - |
| Edward Jones | Finance Company | 18,291 | International |
| Prudential Home Health Services | Health Care | 4 | Local |
| Sylvan Learning | Other Services | 1,317 | International |
PROPERTY FACTS
| Total Space Available | 3,502 SF | Gross Leasable Area | 7,000 SF |
| Property Type | Retail | Year Built/Renovated | 1920/2005 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.14/1,000 SF |
| Total Space Available | 3,502 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,000 SF |
| Year Built/Renovated | 1920/2005 |
| Parking Ratio | 2.14/1,000 SF |
ABOUT THE PROPERTY
Madison St - The " Bucktown of the Suburbs ! Please do not disturb existing tenant. Steps to Harlem Ave ! Surrounded by Village Parking Lots & Abundant Street Parking !! Area neighbors include , Starbucks, Play it again Sports , Casa Humilde Brewery / Restaurant , Roberts Music Venue, Chipolte , Parkway Cannabis Dispensary and over a dozen additional restaurants ! Strong Demographics - 1 mile Radius - 35,428 Population , $ 111,559 Average Household Income , 3 Mile Radius - 250,497 Population , $ 95,855 Average Household Income , Over 18,000 vehicles pass by daily ! Pace Bus Serves both Madison & Harlem Ave.
- 24 Hour Access
- Banking
- Bus Line
- Commuter Rail
- Corner Lot
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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7211-7227 Madison St
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