Retail Space Near Transportation
7231 Lake St, River Forest, IL
For Lease
Contact for pricing
Pending
Retail space near CTA and Metra stations with planned residential growth.
Space Size4,042 SF
Lot Size0.12 Acres
Days on Market906
Property Features for 7231 Lake St
General Information
Standard status
Size
Lot size
Property subtype
Spaces For Lease
at 7231 Lake St
Lake St & Harlem Ave
PENDING, Now
Floor
1
Size
4,042 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Approximately 1 mile north of the eisenhower/harlem avenue interchange
- Located near the cta green line with an annual ridership of ± 550,000
- Located near the metra station with a annual ridership of ± 350,000
- Three new high rise residential projects planned within three blocks, adding 600 residential units to the market
Contact us
Listing Agency:
Mid-America Real Estate Group | Oakbrook Terrace
(630) 954-7300
Listed By:
Elizabeth Sweeney
(630) 954-7385
Source:
Moodyscre
Added: May 20, 2024
Changed: Nov 7
Last Checked: Nov 10 at 5:26AM
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 Mid-America Real Estate Group | Oakbrook Terrace
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Investment Insights
Based on property information with market context.
This retail space, encompassing 4,042 square feet, is situated approximately one mile north of the Eisenhower/Harlem Avenue interchange. The property benefits from its proximity to the CTA Green Line, which records an annual ridership of approximately 550,000. Additionally, it is located near a Metra station with an annual ridership of approximately 350,000. The area is anticipated to experience further residential development with three new high-rise residential projects planned within three blocks, adding 600 residential units to the market.
Key Highlights
- Three new high‑rise residential projects planned within three blocks, adding 600 residential units.
- Located near the CTA Green Line with an annual ridership of ± 550,000.
- Located near the Metra station with an annual ridership of ± 350,000.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,015
Businesses Nearby
475k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 34%
Dining 26%
Shops & Services 21%
Apparel 8%
Jewel-Osco
Groceries
61,712 visits/mo
0.4 miles
Whole Foods Market
Groceries
47,250 visits/mo
0.1 miles
Target
Superstores
34,491 visits/mo
0.1 miles
McDonald's
Dining
30,172 visits/mo
0.2 miles
Aldi
Groceries
22,664 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF/Yr for Retail space in Cook County, IL
Properties on Market for Retail space in Cook County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space near CTA and Metra stations with planned residential growth.
Where is this retail space located?
The property is located at 7231 Lake St River Forest, IL.
What are key features of this property?
This property features: Three new high‑rise residential projects planned within three blocks, adding 600 residential units.; Located near the CTA Green Line with an annual ridership of ± 550,000.; Located near the Metra station with an annual ridership of ± 350,000.
