Oak Park, IL 60302,7045 W North Avenue
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Oak Park, IL 60302,7045 W North Avenue
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Listed by David Gulloof Gullo & Associates
$ 749,000
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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


Midwest Real Estate Data (MRED) VOW
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Lincoln Elementary School

    Public | PK - 4

  • 10

    Willard Elementary School

    Public | PK - 4

  • 9

    Canty Elementary School

    Public | PK - 8

  • 9

    Roosevelt School

    Public | 5 - 8

  • 8

    Washington Elementary School

    Public | PK - 8

  • 8

    Bridge Elementary School

    Public | PK - 8

  • 8

    Horace Mann Elementary School

    Public | KG - 5

  • 8

    William Hatch Elementary School

    Public | PK - 5

  • 7

    Dever Elementary School

    Public | PK - 8

  • 7

    Oliver W Holmes Elementary School

    Public | PK - 5

  • 7

    Abraham Lincoln Elementary School

    Public | KG - 5

  • 7

    Irving Elementary School

    Public | KG - 5

  • 7

    Longfellow Elementary School

    Public | PK - 5

  • 7

    Thorp O a Elementary Scholastic Academy

    Public | KG - 8

  • 7

    Chicago Academy Elementary School

    Public | PK - 8

  • 6

    River Grove Elementary School

    Public | KG - 8

  • 6

    Elmwood Elementary School

    Public | 1 - 6

  • 6

    William Beye Elementary School

    Public | KG - 5

  • 6

    Whittier Elementary School

    Public | PK - 5

  • 6

    Lyon Elementary School

    Public | KG - 8

Middle Schools 5
  • 6

    Elm Middle School

    Public | 7 - 8

  • 6

    Percy Julian Middle School

    Public | 6 - 8

  • 5

    Gwendolyn Brooks Middle School

    Public | 6 - 8

  • 4

    Forest Park Middle School

    Public | 6 - 8

  • 2

    Northwest Middle School

    Public | 6 - 8

High Schools 18
  • 10

    Proviso Math and Science Academy

    Public | 9 - 12

  • 10

    Oak Park & River Forest High School

    Public | 9 - 12

  • 8

    Elmwood Park High School

    Public | 9 - 12

  • 6

    Prosser Career Academy High School

    Public | 9 - 12

  • 5

    Chicago Academy High School

    Public | 9 - 12

  • 4

    Douglass Academy High School

    Public | 9 - 12

  • 4

    Austin Business & Entrepreneurship High School

    Public | 9 - 12

  • 2

    Austin Polytechnical Academy High School

    Public | 9 - 12

  • 1

    Proviso East High School

    Public | 9 - 12

  • 1

    Steinmetz College Prep High School

    Public | 9 - 12

  • 1

    Voise Academy High School

    Public | 9 - 12

  • 0

    Paec Alternative High School

    Public | 9 - 12

  • 0

    Guerin Preparatory High School

    Private | 9 - 12

  • 0

    Trinity High School

    Private | 9 - 12

  • 0

    Alop Academic Learning Program

    Public | 9 - 12

  • 0

    Fenwick High School

    Private | 9 - 12

  • 0

    St Patrick High School

    Private | 9 - 12

  • 0

    Austin Career Education Center

    Private | 10 - 12

School and business data provided by Attom Data.
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7045 W North Avenue