Parkvue Realty Corporation
Listed by Parkvue Realty Corporation
$600,000
7361 North Avenue
Details
APN 15012030080000
Property Type Retail
Sub Type Storefront, Retail/Stores
Units 2
Cap Rate 7.50%
NOI $41,602
Year Built 1953
Lot Size (SqFt) 5,900
Zoning RTAIL
Retail | 7.50% CAP
Marketing 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.
Listing Contacts
Parkvue Realty Corporation
Listed by Parkvue Realty Corporation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,602.00
$3,466.83/mo
Valuation Metrics
0
DSCR
6.93%
Cap Rate
6.93%
ROI
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