7319-7321 W North Avenue River Forest, IL ^$ 675,000

7319-7321 W North Avenue

^$ 675,000

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7319-7321 W North Avenue

River Forest, IL, 60305

^$ 675,000

Studio Baths0.0 Sq 3,600

Monthly Estimate*

^$ 4,715

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Studio

Commercial Property for sale in River Forest, IL

for $675,000. This 3,600 square foot building was built in 1980 on a lot size of 0.191116.

3600 SF medical office for sale. 50% leased. Two 1800 SF suites. 7321 is leased to a medical spa until July 1, 2025, with two 3 year renewal options. 8325 sf land. 12' clear height. Parking for 16 cars: 8 in front and 8 in rear. C1 / Commercial zoning. Modern, independently-controlled HVAC systems. Water is hooked up throughout the building, including in most exam rooms. 7319 has waiting room, reception / staff area, 4 exam rooms, conference room, 35,000 vehicles per day drive by. Average annual household income is $130,000. Sale price $675,000.

Commercial Active

Price

^$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 47,824

Style

Lot Size

0.191116

Year Built

1980

Town/City

River Forest

County/Region

Cook

MLS | Web ID

11992039

Features

General

Cooling Central Individual

Year Built 1980

Electric Circuit Breakers

Tenant Pays Tax Stops

Stories 1

Property SubType Medical

Tax Year 2022

Gross Income 43642

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Status Active

Directions Just west of Harlem Avenue on the south side of North Avenue

City River Forest

Total Units 2

MLS Area River Forest

Lot Size Square Feet 8325

Street Name North

Tax Annual Amount 47824

Additional Parcels Y/N N

Leasable Area 3600

Days on Market 7

Standard Status Active

Exterior

Building Area Total 3600

Lot Dimensions 80 X 105

Interior

Street Suffix Avenue

* Excluded Features

List By

The Wilcox Company

Broker

brian@thewilcoxcompany.com

Affordability Calculator

$8,700

Per Month

Monthly Principal & Interest: $4,715
Monthly Property Taxes: $3,985
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in River Forest, IL

Average List Price ^$609,950

Percent of Sale Price 10%

About River Forest, IL

11,077 Population

-5% Since 2002

^$112,665 Median Income

41.33 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/28/2024	$675,000		Listed Price

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7319-7321 W North Avenue, River Forest, IL, 60305 is a Commercial Property for sale at $675,000 with 3,600 sqft and a lot size of 0.191116. 7319-7321 W North Avenue is a studio with 0.0 baths and was built in 1980. The property's zip code is 60305 which is in River Forest, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/3/2024.

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7319-7321 W North Avenue

Commercial Property for sale in River Forest, IL

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