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    7234 W Avenue N Elmwood Park, IL 06709

    For Sale
    $315,000

    3,300 SF office condo with excellent visibility.

    Property size:
    1,100 SF
    Lot size:
    0.54 Acres

    Property Features for 7234 W Avenue N

    General Information

    Size
    1,100 SF
    Lot size
    0.54 Acres

    Source: Millennium Properties Real Estate Agent Susan B. Silver

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

    Overview

    Elmwood Park Office Condo

    This is a 3,300 square foot office condo located on the ground floor of Cameo Towers, a 19-story office and residential condominium. The condo is currently subdivided into two units. Unit 105 comprises 2,200 square feet and is leased. Unit 108 offers 1,100 square feet and is currently available. The property includes three deeded garage parking spaces. H&R Block has a three-year lease with a scheduled annual rent of $43,400. The property benefits from excellent visibility with exterior signage and is situated in close proximity to the Meacham Road interchange and I-90 Expressway. The location experiences a traffic count of 34,677 vehicles daily.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmwood Park
    County
    Cook
    State
    Illinois
    Longitude
    -95.903872
    Latitude
    36.0686745

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    FAQs

    What type of property is this?
    Office space - 3,300 SF office condo with excellent visibility.
    Where is this office space located?
    The property is located at 7234 W Avenue N Elmwood Park, IL.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Ground floor office condo in Cameo Towers; - Income-producing property with leased unit (H&R Block, $43,400 annually); - Sub-divided into two units, offering flexibility
    (312) 338-3000
    Request Owner's contact information
    7234 W Avenue N Elmwood Park, IL 06709
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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
    7234 W Avenue N Elmwood Park, IL 06709
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