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7001-7003 W North Ave

7,668 SF Vacant Office Building Oak Park, IL 60302 $799,900 ($104/SF)

Investment Highlights

  • High Traffic North Avenue Corridor
  • Fantastic Co-tenants
  • Private Parking

Executive Summary

High Traffic Mixed-Use Retail and Office Property for Sale at 7001-7003 North Ave, Oak Park, IL.
FP Commercial is excited to offer this unique Oak Park, IL asset. Located on the South side of North Avenue near Harlem, the property features a small second floor offices and over 2500 SF on the retail level. Retail Tenants include Edward Jones and Expert Tax Services. STRONG CORRIDOR CO TENANTS State Farm Insurance, Edward Jones Investments, Loyola Medicine. The building’s high visibility, prime location with foot traffic, and off-street parking lot convenience make it an attractive location with value-add potential. The Property has 6 outdoor parking spaces and indoor garage and potential for roof deck access. A perfect User-Investment opportunity. OAK PARK - North Ave - 25,100 VPD Population-39,300 | Net Worth 118K

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,668 SF
Building Class
C
Year Built
1982
Price
$799,900
Price Per SF
$104
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,834 SF
Slab To Slab
9’
Building FAR
1.09
Land Acres
0.16 AC
Zoning
B-3
Parking
10 Spaces (1.06 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Basement
  • Central Heating
  • High Ceilings
  • Shower Facilities
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 1
  • 2,500 SF
  • Retail
  • Full Build-Out
  • Now

RETAIL SPACE AVAILABLE AT BASE OF FANTASTIC, HIGH VISIBLE CORNER OAK PARK PROPERTY! SW corner of North Avenue and Forest one block from busy North Avenue. Quick access to pedestrian, high traffic sidewalk. Garage and on-site outdoor parking spaces available. Strong corridor co-tenants include Loyola Medicine and State Farm Insurance.

Space Size Space Use Condition Available
1st Fl-Ste 1 2,500 SF Retail Full Build-Out Now

1st Fl-Ste 1

Size
2,500 SF
Space Use
Retail
Condition
Full Build-Out
Available
Now

1st Fl-Ste 1

Size 2,500 SF
Space Use Retail
Condition Full Build-Out
Available Now

RETAIL SPACE AVAILABLE AT BASE OF FANTASTIC, HIGH VISIBLE CORNER OAK PARK PROPERTY! SW corner of North Avenue and Forest one block from busy North Avenue. Quick access to pedestrian, high traffic sidewalk. Garage and on-site outdoor parking spaces available. Strong corridor co-tenants include Loyola Medicine and State Farm Insurance.

Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-06-102-013-0000
  • 16-06-102-012-0000
Land Assessment
$40,249
Improvements Assessment
$52,877
Total Assessment
$93,126
  • Listing ID: 32389909

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 7001-7003 W North Ave, Oak Park, IL 60302

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