7007 W North Avenue Oak Park, IL ^$ 265,000

7007 W North Avenue

^$ 265,000

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7007 W North Avenue

Oak Park, IL, 60302

^$ 265,000

Studio Baths0.0 Sq 1,950

Monthly Estimate*

^$ 1,761

7007 W North Avenue, Oak Park, IL 60302 - Image 1

Studio

Commercial Property for sale in Oak Park, IL

for $265,000. This 1,950 square foot building was built in 1968 on a lot size of 0.07174.

Desirable business location with approximately 2000 SF of retail space right on North Avenue just 1 block east of Harlem Avenue. The property is currently a fitness club and is leased through March 31, 2025. There is 1 bathroom and another room that could be a 2nd bathroom. Private parking in the rear of the building off the alley for 6 cars. Perfect to keep as investment of future use as a realty office, doctors, attorney office or other retail service business. High ceilings.

Commercial Active

Price

^$ 265,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,121

Style

Lot Size

0.07174

Year Built

1968

Town/City

Oak Park

County/Region

Cook

MLS | Web ID

11987165

Features

General

Cooling Central Air

Year Built 1968

Electric Circuit Breakers

Tenant Pays Electricity Heat Sewer

Stories 1

Property SubType Strip Center

Tax Year 2022

County Cook

Net Operating Income 28200

Property Type Commercial Sale Retail/Stores

Status Active

Directions Harlem to North Ave. East 1 block to property.

City Oak Park

NumberOfUnitsTotal 1

MLS Area Oak Park

Lot Size Square Feet 3125

Street Name North

Tax Annual Amount 16121

Additional Parcels Y/N N

Leasable Area 0

Days on Market 23

Standard Status Active

Exterior

Building Area Total 1950

Lot Dimensions 3125

Interior

Street Suffix Avenue

* Excluded Features

List By

Century 21 Circle

Broker

Mike@GobberRealEstate.com; mgobber@c21circle.com

Affordability Calculator

$3,105

Per Month

Monthly Principal & Interest: $1,761
Monthly Property Taxes: $1,343
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Oak Park, IL

Average List Price ^$467,192

Percent of Sale Price 76%

About Oak Park, IL

51,895 Population

-1% Since 2002

^$86,418 Median Income

40.94 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$265,000		Listed Price

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7007 W North Avenue, Oak Park, IL, 60302 is a Commercial Property for sale at $265,000 with 1,950 sqft and a lot size of 0.07174. 7007 W North Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 60302 which is in Oak Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/31/2024.

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7007 W North Avenue

Commercial Property for sale in Oak Park, IL

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