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Retail Ground Lease Site
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7301 West North Avenue, River Forest, IL 60305

Ground lease site with approximately 100 feet of frontage and an existing pylon sign.

Space Size11,979 SF
Days on Market5

Property Features for 7301 West North Avenue

General Information

Standard status Active
Size 11,979 SF
Property subtype Retail / Redevelopment

Building Details

Building Size 11,979 SF

Spaces For Lease

at 7301 West North Avenue Contact us

Restaurant/Land

Size
11,979 SF
Type
Retail Ground Lease
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Spero Adamis · License #471014118
Source: Svnchicago
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 11 at 5:06AM

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 Commercial

Investment Insights

Based on property information with market context.

This retail-oriented ground lease site at 7301 West North Avenue offers approximately 100 feet of frontage and includes an existing pylon sign. The property is positioned for retail use within an established commercial setting.

The site is situated at the Harlem and North Avenue retail and restaurant corridor in River Forest, Illinois. Surrounding conditions include high traffic volumes and dense rooftops. The property is available for the first time in over 50 years.

Key Highlights

  • Approximately ~100 feet of frontage
  • Existing pylon sign
  • Ground lease availability

Property Analytics

Current Use

Yolk - Oak Park/River ... Restaurant

Suggested Use

Top Pick Grocery & Convenience Store Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Electrical Service Storage Facility

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby
164k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Dining 29% Groceries 26% Home Improvements & Furnishings 1%
Binny's Beverage Depot Groceries
26,723 visits/mo 0.1 miles
Shell Shops & Services
22,349 visits/mo 0.2 miles
Fresh Thyme Market Groceries
15,930 visits/mo 0.2 miles
BP Shops & Services
15,773 visits/mo 0.4 miles
Starbucks Dining
13,420 visits/mo 0.3 miles

Demographics for 60305, IL

11,710
Population
4,494
Households
2.6
Avg Household Size
40
Median Age
73%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
4,684
Density / Sq Mi
$148,711
Median Household Income
$83,347
Median Earnings
$1,411
Median Rent
$676,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground lease site with approximately 100 feet of frontage and an existing pylon sign.
Where is this retail space located?
The property is located at 7301 West North Avenue River Forest, IL.
What are key features of this property?
This property features: Approximately ~100 feet of frontage; Existing pylon sign; Ground lease availability
More about this property
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