Contact us: 563.441.1776
Description
** ATTENTION COMMERCIAL / RETAIL INVESTORS ** This property consists of two renovated adjoining storefronts, each leased to long-term tenants, a Chiropractor and a Fitness Studio, in the charming village of River Forest, bordering Elmwood Park. Offering strong visibility along busy North Avenue (IL-64), which carries roughly 30,000 vehicles per day, the building includes the +/-2,200 SF unit at 7361 and the +/-1,000 SF space at 7363, forming a single-story retail/commercial structure on a 50'x118' 5,900 SF lot with an 8 car parking lot zoned R1. Located in an immediate western Chicago suburb, the asset is ideal for continued retail, service, office, or owner-operator use.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1953
General Information
County: Cook
Listed By:
Parkvue Realty Corporation
312-788-4040
MRED MLS
MLS ID: 12531607
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7361 North Avenue, River Forest, IL 60305.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $600,000 | $600,000 | $600,000 |
| Down Payment | $120,000 | $21,000 | $150,000 |
| Monthly Mortgage Amount | $2,763 | $3,438 | $3,588 |
| Taxes | $835 | $835 | $835 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $264 | $0 |
| Monthly Estimated Total | $3,773 | $4,712 | $4,598 |
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