7361 North Avenue River Forest, IL ^$ 600,000

7361 North Avenue

^$ 600,000

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7361 North Avenue

River Forest, IL, 60305

^$ 600,000

Bedrooms-- Baths-- Sq 3,200

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Property for Rent in River Forest, IL

for $600,000. This 3,200 square foot property was built in 1953 on a lot size of 0.135445.

** ATTENTION COMMERCIAL / RETAIL INVESTORS ** This property consists of two renovated adjoining storefronts, each leased to long-term tenants, a Chiropractor and a Fitness Studio, in the charming village of River Forest, bordering Elmwood Park. Offering strong visibility along busy North Avenue (IL-64), which carries roughly 30,000 vehicles per day, the building includes the +/-2,200 SF unit at 7361 and the +/-1,000 SF space at 7363, forming a single-story retail/commercial structure on a 50'x118' 5,900 SF lot with an 8 car parking lot zoned R1. Located in an immediate western Chicago suburb, the asset is ideal for continued retail, service, office, or owner-operator use.

Rental Active

Price

^$ 600,000

Taxes

^$ 25,218

Style

Retail

Lot Size

0.135445

Year Built

1953

Town/City

River Forest

County/Region

Cook

MLS | Web ID

12531607

Features

General

Cooling Central Air

Zoning RTAIL

Year Built 1953

Electric Service - 0 to 100 Amps

Stories Count 1

Township River Forest

Tax Year 2023

Business Type Retail

Assoc Fee Paid Per Annually

County Cook

Net Operating Income 41602

Property Type Commercial Sale Retail/Stores

Status Active

Directions Eisenhower Exit Harlem Ave North. Turn left on North ave going west and just a few blocks down on south side of the street. River Forest side the north side is E.P.

City River Forest

Number Of Units Total 2

MLS Area River Forest

Lot Size Square Feet 5900

Tax Annual Amount 25218

Additional Parcels Y/N Y

Leasable Area 3200

Lease Type N/A

Standard Status Active

Cap Rate 7.5

Exterior

Building Area Total 3200

Lot Dimensions 50x118

* Excluded Features

List By

Parkvue Realty Corporation

Broker

sales@parkvuerealty.com

Nearby

Trends
Schools

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
2/25/2026	$600,000		Listed Price

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7361 North Avenue, River Forest, IL, 60305 is a Property for Rent at $600,000 with 3,200 sqft and a lot size of 0.135445. 7361 North Avenue was built in 1953. 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 6.25% 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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Data is updated as of 3/29/2026.

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7361 North Avenue

Property for Rent in River Forest, IL

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