Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1850 N Harlem Ave Elmwood Park, IL 60707

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $7,377,000

    Two-tenant investment property in Elmwood Park, Illinois for sale.

    Property size:
    20,291 SF
    Lot size:
    1.12 Acres

    Property Features for 1850 N Harlem Ave

    General Information

    Size
    20,291 SF
    Lot size
    1.12 Acres

    Source: SRS Real Estate Partners - Corporate Agent Michael Kaplan

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

    Overview

    Elmwood Park Investment Opportunity

    This is an opportunity to acquire the fee simple interest in a two-tenant investment property located in Elmwood Park, Illinois. The property has an absolute NNN lease. The property size is 20291 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Little Newtons Daycare ... Day Care Center Foss Swim School ... Swimming School

    Suggested Use

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

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

    Similar Places Nearby

    box furniture store, Coinstar Kiosk | Bitcoin ATM, Harlem And wasbansia, Coinstar Kiosk

    Location Insight

    • Map
    • Local Demand
    City
    Elmwood Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8062155
    Latitude
    41.9134717

    Nearby Similar for Sale

    • $749,900
      0.12 Acres

      Elmwood Park Triplex Investment Opportunity

      Well-maintained legal 3-flat with recent updates and income potential.
      2510 N 72Nd Ct, Elmwood Park, IL 60707
      View Details
    • $84,900
      100,000 SF

      Elmwood Park Commercial/Flex Space

      Unique commercial/flex or residential space near Rush hospital campus.
      7234 W North Ave, Elmwood Park, IL 60707
      View Details
    • $139,900
      950 SF

      Turnkey Gaming Lounge Opportunity

      Newly built gaming lounge for sale in Elmwood Park.
      1234 N Confidential Ave, Elmwood Park, IL 60707
      View Details
    • $159,900

      Spacious One-Bedroom Unit with Balcony

      One-bedroom unit with balcony, close to amenities and transportation.
      7214 W Wrightwood Ave, Elmwood Park, IL 60707
      View Details
    • $315,000
      1,100 SF

      Elmwood Park Office Condo

      3,300 SF office condo with excellent visibility.
      7234 W Avenue N, Elmwood Park, IL 06709
      View Details
    • $760,000
      8,500 SF

      Elmwood Park Mixed-Use Investment

      Two-building package with retail and mixed-use in Elmwood Park.
      7504-06 West Grand Ave, Elmwood Park, IL 60707
      View Details

    FAQs

    What type of property is this?
    Shopping center - Two-tenant investment property in Elmwood Park, Illinois for sale.
    Where is this shopping center located?
    The property is located at 1850 N Harlem Ave Elmwood Park, IL.
    What is the asking price?
    The asking price for this property is $7,377,000.
    What are key features of this property?
    This property features: - Absolute NNN Leased Investment Property; - Fee Simple Interest (Land & Building Ownership); - Multi-Tenant Investment
    (214) 560-3200
    Request Owner's contact information
    1850 N Harlem Ave Elmwood Park, IL 60707
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1850 N Harlem Ave
    Elmwood Park, IL 60707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1850 N Harlem Ave Elmwood Park, IL 60707
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.