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19-Unit Fully Leased Office Building
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7000 W N Ave, Chicago, IL 60707

14,005 SF office building with 19 fully leased units and 100% occupancy, renovated in 2023 with new HVAC and roof.

Property Size14,005 SF
Price / SF$75.63
Days on Market689

Property Features for 7000 W N Ave

General Information

Standard status Active
Size 14,005 SF
Property subtype OFFICE
Occupancy 100%

Additional Details

Office Units 19

Building Details

Year Renovated 2023
Buildings 1
Building Size 14,005 SF
Listing Agency: SVN | Chicago - Corporate
Listed By: Albert M. Lindeman
Source: Moodyscre
Added: Sep 20, 2024 Changed: Jul 30 Last Checked: Aug 9 at 12:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago - Corporate

Investment Insights

Based on property information with market context.

This 14,005 SF office building is configured with 19 fully leased units and maintains 100% occupancy. The property was renovated in 2023, including new HVAC units and a new roof. Solar roof panels are planned for installation and would be contracted by ownership.

Parking is flexible, with covered options, surface parking, and street parking available. An additional lot is included, offering room for potential expansion or additional parking.

The property is located near the former Sears site redevelopment, supporting a wider area of ongoing change.

Key Highlights

  • 14,005 SF office building with 19 fully leased units
  • 100% occupancy
  • Renovated in 2023 with new HVAC units and a new roof

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Building Supply Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Office units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,468
Businesses Nearby

Demographics for 60707, IL

43,241
Population
16,590
Households
2.6
Avg Household Size
41
Median Age
31%
College-Educated
86%
High-School Grad
3.6 sq mi
ZIP Area
12,011
Density / Sq Mi
$82,746
Median Household Income
$48,093
Median Earnings
$1,309
Median Rent
$315,300
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 14,005 SF office building with 19 fully leased units and 100% occupancy, renovated in 2023 with new HVAC and roof.
Where is this office building located?
The property is located at 7000 W N Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 14,005 SF office building with 19 fully leased units; 100% occupancy; Renovated in 2023 with new HVAC units and a new roof
(847) 421-1066 Call to check price and availability
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