7234 Ogden Ave - Medical FOR SALE


Riverside, IL 60546
$650,000 USD
708-217-3297
7234 Ogden Ave, Riverside, IL for Sale
$650,000 USD
Medical - FOR SALE
1/12
null | Request Cap Rate

7234 Ogden Ave
Riverside, IL 60546


HIGHLIGHTS

  • Three-story masonry building with elevator access
  • Over 46 on-site parking spaces for staff and visitors
  • High-visibility location with 31,775 vehicles/day
  • Zoned B-1 for flexible commercial use and redevelopment
  • Dense surrounding population with strong income metrics

OVERVIEW

Positioned along the high-traffic corridor of Ogden Avenue in Riverside, Illinois, 7234 W. Ogden Avenue presents a compelling opportunity for investors, developers, or owner-users seeking a versatile commercial asset. This 15,000-square-foot masonry building, constructed in 1986, spans three floors and is currently vacant, previously serving as a medical office. Its B-1 Retail Business District zoning supports a wide range of commercial uses, including retail, office, and service-oriented businesses. The property features an elevator, separate gas and electric meters, and ample on-site parking for over 46 vehicles. With ±24,000 square feet of land (100’ x 240’), the site offers strong redevelopment potential for mixed-use or multi-tenant configurations. Its prominent exposure on Ogden Avenue ensures visibility to over 31,000 vehicles per day, enhancing branding and customer access. Located just minutes from Harlem Avenue and within a densely populated area—nearly 500,000 residents within a 5-mile radius—the property benefits from strong demographics and household incomes averaging over $92,000. The building’s proximity to major transit routes and the vibrant Riverside community further elevates its appeal for medical, professional, or retail users. This offering is exclusively represented by Daniel Chopp of Chopp Commercial Properties, providing a rare chance to acquire a well-positioned asset in a dynamic suburban market.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ogden Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

B-1

APN/PARCEL ID

15-36-410-025-0000

ASK ABOUT THIS PROPERTY

Daniel ChoppChopp Commercial Properties LLCMore Info
708-217-3297

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Daniel ChoppChopp Commercial Properties LLCMore Info
708-217-3297

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