7777 Lake St 24,516 SF 77% Leased Office Building River Forest, IL 60305 For Sale
INVESTMENT HIGHLIGHTS
- High Visibility | Value-add
- Adjacent to two land parcels being offered for sale by the village of River Forest
- Easy access to I-290, I-294, Illinois Route 43, and Illinois Route 64
- On-site surface parking lot & abundant street parking
- Close proximity to the Harlem/Lake Green Line "EL" station, the River Forest Metra station, and the Oak Park Metra station
- Also available for lease
EXECUTIVE SUMMARY
SVN Chicago Commercial is pleased to present 7777 Lake Street in River Forest, a ±24,516 SF Retail and Office building on 0.45 Acres with full basement for storage. This property is value-add with 60% occupied with 20 total units. Current retail tenants include Edward Jones Investments, River Forest Dry Cleaners & Tailoring, and various office users.
Price is subject to offer.
Price is subject to offer.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
24,516 SF
Building Class
C
Year Built
1940
Percent Leased
77%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,258 SF
Building FAR
1.24
Lot Size
0.45 AC
Zoning
C3, Cook
Parking
10 Spaces (0.41 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Former medical suite with 3 private offices, 2 exam rooms with sinks, and large reception area.
Former dental suite with 4 exam rooms, 2 labs, 2 reception areas, nurses station, private restroom with shower, 2 private offices, and 3 entrances.
Small reception, large private office.
3 private offices, break room, and reception area
Reception area, private office, private restroom, breakroom, enclosed private outdoor porch.
2 private offices, reception/open area, storage closet.
Upper loft suite with 2 private offices and storage.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 1,250 SF | Medical | Full Build-Out | Now |
| 1st Fl-Ste 108/110 | 850 SF | Medical | Full Build-Out | Now |
| 1st Fl-Ste 113 | 480 SF | Office | - | Now |
| 1st Fl-Ste 114 | 880 SF | Medical | Full Build-Out | Now |
| 1st Fl-Ste 115 | 500 SF | Office | - | Now |
| 1st Fl-Ste 116 | 780 SF | Office | - | Now |
| 2nd Fl-Ste 200 | 780 SF | Office | - | Now |
1st Fl-Ste 102
| Size |
| 1,250 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 108/110
| Size |
| 850 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 113
| Size |
| 480 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 114
| Size |
| 880 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 115
| Size |
| 500 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 116
| Size |
| 780 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 780 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 15-12-115-002-0000 | Improvements Assessment | $230,699 |
| Land Assessment | $106,294 | Total Assessment | $336,993 |
