7311 W North Avenue River Forest, IL ^$ 319,000

7311 W North Avenue

^$ 319,000

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Foreclosure

7311 W North Avenue

River Forest, IL, 60305

^$ 319,000

Bedrooms-- Baths-- Sq 3,100

Monthly Estimate*

^$ 2,203

7311 W North Avenue, River Forest, IL 60305 - Image 1

7311 W North Avenue, River Forest, IL 60305 - Image 2

7311 W North Avenue, River Forest, IL 60305 - Image 3

7311 W North Avenue, River Forest, IL 60305 - Image 4

7311 W North Avenue, River Forest, IL 60305 - Image 5

7311 W North Avenue, River Forest, IL 60305 - Image 6

Commercial Property for sale in River Forest, IL

for $319,000. This 3,100 square foot building was built in 1960 on a lot size of 0.092585.

High profile location at 7311-7313 North Avenue in River Forest, IL. Heavy traffic passes the site each day. IDOT says the traffic count in front of the building is 34,200 vehicles per day and at the corner (Harlem and North Ave) is 53,200 vehicles daily! This is a single story, brick, building with 2 commercial spaces. Easy to show. Lot size is 37' x 109'. 7311 W. North Ave currently has a busy drop off cleaner and alternation's business. 7311 is a vacant store that can be rented out, or used for an owner occupant office or retail location. Parking in the rear for 5 cars. Roof is represented to be +/- 6 years old. Note: building needs masonry work. Lender owned. Sold "AS IS"

Commercial Contingent

Price

^$ 319,000

Property Type

Commercial

Taxes

^$ 25,360

Style

Lot Size

0.092585

Year Built

1960

Town/City

River Forest

County/Region

Cook

MLS | Web ID

12660636

Features

General

Cooling Central Individual

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 1960

Electric Circuit Breakers

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Scavenger

Stories Count 1

Township River Forest

Tax Year 2025

Gross Income 0

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Retail/Stores

Contingency Attorney/Inspection

Status Contingent

Directions West of Harlem Avenue on the south side of North Avenue.

City River Forest

Number Of Units Total 2

MLS Area River Forest

Lot Size Square Feet 4033

Tax Annual Amount 25360.22

Ok to Lease Month To Month

Additional Parcels Y/N N

Leasable Area 1400

Standard Status Active Under Contract

Exterior

Building Area Total 3100

Lot Dimensions 37X109

Frontage Type City Street Public Road State Road

* Excluded Features

List By

Coldwell Banker Realty

Broker

bruce.heller@cbexchange.com

Affordability Calculator

$4,317

Per Month

Monthly Principal & Interest: $2,203
Monthly Property Taxes: $2,113
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 ^$0

Percent of Sale Price 100%

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
5/28/2026	$319,000		Listed Price

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7311 W North Avenue, River Forest, IL, 60305 is a Commercial Property for sale at $319,000 with 3,100 sqft and a lot size of 0.092585. 7311 W North Avenue was built in 1960. 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 7.375% 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 11/10/2026.

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7311 W North Avenue

Commercial Property for sale in River Forest, IL

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