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7045 W North Avenue Oak Park, IL 60302

$749,000
Active / MLS# 12526025 / Commercial - Retail / Oak Park
0 Beds
5000 SqFt

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.

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Baird & Warner Gayle Stellas Agent Cell: 847.602.6266 Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.14 Acres
Stories: 1.0
Taxes: $36,028
Year Built: 1957

Feature Descriptions

Current Use: Commercial, Medical/Dental
Electric: Circuit Breakers
Fire Protection: Alarm Monitored
Frontage Type: City Street
HVAC: Forced Air
Lot Dimensions: 50X125
Miscellaneous Indoor: Elevator/s Passenger, Basement
Parcel#: 16061010090000
Parking: 6-12 Spaces
Tenant Pays: Other
Units: 1

Location

See details and scored characteristics about this location.

Listing Office: Gullo & Associates

Listing Office Phone: 708-386-9090



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