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7361 North Avenue River Forest, IL 60305 • Commercial - Retail • Active

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Description

** 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.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1953

General Information

County: Cook
Listed By:
Parkvue Realty Corporation 312-788-4040
MRED MLS
$600,000
Est. $3,811/mo
New to the Market Active
SQUARE FEET3,200 MLS#12531607
STATUSActive PROPERTY TYPECommercial - Retail
TOUR PROPERTY

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Jeff Dellitt
 (563) 343-1028

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7361 North Avenue, River Forest, IL 60305.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $600,000$600,000$600,000
Down Payment $120,000$21,000$150,000
Monthly Mortgage Amount $2,801$3,438$3,588
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $3,811$4,712$4,598

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