7045 W North Ave - Storefront FOR SALE


Oak Park, IL 60302
$749,000 USD
708-567-1375
7045 W North Ave, Oak Park, IL for Sale
$749,000 USD
Storefront - FOR SALE
1/2
null | Request Cap Rate

7045 W North Ave
Oak Park, IL 60302


HIGHLIGHTS

  • Prime North Avenue Retail | 5,000+ SF High-Visibility Corner Corridor | 28K+ Vehicles Daily | Oak Park / Galewood Trade Area
  • 5000sf of adaptable, divisible open space
  • Private Parking

OVERVIEW

Prime Medical or Retail Opportunity - 5,000+ SF High-Visibility North & Harlem Corridor | 28K+ Vehicles Daily | Oak Park/River Forest/Galewood/Elmwood Park Area. Position your business in one of the most dynamic corridors in the Near West Suburban area, serving the vibrant communities of Oak Park & River Forest and Chicago’s Galewood neighborhood. Nearby developments include a new 50,000 sq. ft. outpatient facility from Rush University Medical Center, 275 new residential units opening Summer 2026, and additional planned retail development at the busy Harlem & North intersection. The property is surrounded by a strong mix of national retailers and established local businesses including Starbucks, Bank of America, Buona, Dunkin', Walgreens, Benjamin Moore, The UPS Store, as well as well-known local businesses like Onion Roll Deli and Yonan Carpet One. The surrounding corridor also includes cardiology, dental, vision, and other professional medical offices. Within walking distance is the highly desirable Northwest Oak Park / St. Giles residential neighborhood, known for its strong demographics and stable residential base. This exceptional commercial property offers over 5,000 square feet of flexible space with 50 feet of prominent frontage along busy North Avenue, where 28,000+ vehicles pass daily. Currently operating as a spacious open-concept furniture showroom, the building features 10-foot ceilings, updated HVAC (2021), and a newer roof (2017)—providing a solid, move-in-ready foundation that can easily be divided or customized for a wide variety of uses. Located just one block east of the bustling “Four Corners” intersection of Harlem Avenue (Rt. 43) and North Avenue (Rt. 64), the site offers exceptional visibility, accessibility, and exposure. The building also includes six rear parking spaces with convenient alley access for customers and staff. With the new Rush outpatient center and numerous medical offices nearby, this versatile property is well suited for medical, dental, physical therapy, or mental health practices. The expanding residential population also creates strong demand for restaurants, fitness concepts, dispensaries, martial arts studios, theater or acting studios, and indoor sports or recreation facilities. With strong demographics, constant traffic, and continued neighborhood investment, this property represents a rare opportunity to secure a high-visibility commercial building in a thriving and growing trade area. Schedule your private showing today to explore the possibilities.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

16-06-101-009-0000,16-06-101-010-0000

ASK ABOUT THIS PROPERTY

David GulloGullo & AssociatesMore Info
708-567-1375

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David GulloGullo & AssociatesMore Info
708-567-1375

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.