REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

Listed by David Gulloof Gullo & Associates
$ 749,000
Est. payment /mo
Active
7045 W North Avenue Oak Park, IL 60302
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $149
MLS Listing ID 12526025
Year Built 1957
Annual Tax Amount $36,028
Tax Year 2023
Lot Dimensions 50X125
Property Sub-Type Retail/Stores
Property Description
Prime commercial opportunity nestled in a high traffic locale in established Oak Park and growing Galewood (Chicago) neighborhood. This property, currently a large open layout furniture showroom with 50 foot frontage, 10' ceilings and over 5000sf that is easily divisible, presents a lucrative prospect for savvy investors and entrepreneurs alike. Strategically situated one block east of the "Four Corners" of Harlem (Rt 43) and North (Rt 64) Avenues, along high-traffic (28,000 cars per day) North Avenue, this versatile space offers immense potential for adaptation or even new development. The very well kept existing structure (new AC 2021, new roof 2017) has 6 parking spaces in back through a rear alley and the A++ location provides a solid foundation for future uses. The adjacent neighborhood to the south includes architecturally significant homes in northwest Oak Park and to the north in Galewood there are 275 NEW residential units, a NEW 50,000 sf Rush Hospital outpatient facility AND future NEW development on the northeast corner parcel of Harlem and North. Nationally, high profile retail adjacent businesses include Starbucks, Bank of America, JC Lichts Paint, Buona Beef, Dunkin, Walgreens Drug, UPS Store and many established, locally owned restaurants and businesses. This is a truly vibrant surrounding area with a steady stream of foot and auto traffic. Whether you envision medical, dental, retail, physical therapy, mental health, restaurant, gym, dispensary, martial arts, theater/acting studio or indoor recreation/sports/coaching facility, this is an exceptional chance to transform this property into a lucrative investment opportunity. Schedule your viewing today of this prime commercial building and please do not disturb business. 2PINs 16061010090000 & 16061010100000.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
School and business data provided by Attom Data.



