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    7230 W North Ave Elmwood Park, IL 60707

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    For Lease
    Contact for pricing

    Retail space with excellent exposure and longstanding tenancy.

    Property size:
    1,367 SF
    Lot size:
    1.68 Acres

    Property Features for 7230 W North Ave

    General Information

    Size
    1,367 SF
    Lot size
    1.68 Acres

    Source: Mid-America Real Estate Group Agent Kate Ruzevich

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

    Overview

    Retail Space on North Avenue

    This retail space is located in a well-positioned retail strip center with excellent exposure on North Avenue. The property benefits from longstanding tenancy within the center. It is located in close proximity to Loyola Hospital, which has 485 beds, and Rush Hospital, which has 114 beds. The property size is 1367 square feet.
    Location Intelligence

    Current Use by Public Records

    ATM (ATM Link, ... Atm Tschangis Mehrpuyan, M.D. Emergency Care Physician Aslam M. Khan, ... Internist Madhumita Chatterjee, M.D. Family Practice Physician Dr. Abhijit A. Shinde, ... Internist

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Elmwood Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8074581
    Latitude
    41.9096307

    Nearby Similar for Lease

    • Contact for pricing
      1,385 SF

      Retail Space in High-Traffic Area

      Retail space available in a highly trafficked Elmwood Park center.
      1700-1744 N Harlem Ave, Elmwood Park, IL 60707
      View Details
    • Contact for pricing

      90,000 SF Chicago Industrial Building

      Well-maintained industrial building with heavy power and ample parking.
      6500 West Cortland St, Elmwood Park, IL 60635
      View Details
    • $1,250 /Mo

      Elmwood Park Garden Apartment

      One-bedroom garden unit available for rent in Elmwood Park.
      2840 N 73Rd Ave, Elmwood Park, IL 60707
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space with excellent exposure and longstanding tenancy.
    Where is this strip mall located?
    The property is located at 7230 W North Ave Elmwood Park, IL.
    What are key features of this property?
    This property features: - Excellent north avenue exposure; - Well-positioned retail strip center; - Longstanding tenancy at the center
    (630) 954-7300
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    7230 W North Ave Elmwood Park, IL 60707
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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
    7230 W North Ave Elmwood Park, IL 60707
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