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    7101-7123 W North Ave Oak Park, IL 60302

    For Lease
    Contact for pricing

    Multi-tenant retail center with high traffic and redevelopment potential.

    Property size:
    4,740 SF
    Lot size:
    0.83 Acres

    Property Features for 7101-7123 W North Ave

    General Information

    Size
    4,740 SF
    Lot size
    0.83 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Paul Bryant

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center at North & Harlem

    This multi-tenant retail center is located at the intersection of North and Harlem Avenues, which experiences high traffic volume of 66,000 vehicles per day. The property is across the street from a retail redevelopment spanning over 100,000 square feet at the former Sears site on the northeast corner. The location offers excellent pylon signage opportunities. Endcap and inline spaces are available. The property has multiple full access points along North and Harlem Avenues. Available spaces total 4,740 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    North oak shopping center, Elmwood Commons, North Tower Plaza, Chicago Elmwood Park Retail, isKreamKULTUR

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.804932
    Latitude
    41.908563

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    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center with high traffic and redevelopment potential.
    Where is this shopping center located?
    The property is located at 7101-7123 W North Ave Oak Park, IL.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of North & Harlem Avenues (66,000 VPD).; - Across the street from a 100,000+ SF retail redevelopment.; - Excellent pylon signage opportunities.
    (630) 954-7327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7101-7123 W North Ave Oak Park, IL 60302
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