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Restaurant Ground Lease With Pylon Sign
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For Lease
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7301 West North Avenue, River Forest, IL 60305

Existing pylon signage supports a prominent position within an established retail and restaurant corridor.

Space Size11,979 SF
Days on Market6

Property Features for 7301 West North Avenue

General Information

Standard status Active
Size 11,979 SF
Property subtype Retail - Restaurant

Site & Location

Frontage 100 ft
Pylon Signage Yes

Additional Details

Space Use Retail

Amenities

pylon sign

Building Details

Building Size 4,660 SF

Spaces For Lease

at 7301 West North Avenue Contact us

Restaurant

Size
11,979 SF
Type
Restaurant
Rate
Contact for pricing
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Spero Adamis · License #471005909
Source: Commercialcafe
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 18 at 8:22AM

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 restaurant-oriented ground lease is located at 7301 West North Avenue in River Forest, Illinois. The site offers approximately 100 feet of frontage and includes an existing pylon sign that supports visibility from the surrounding corridor.

The property is positioned within the Harlem and North Avenue retail and restaurant corridor, an area described as having high traffic volumes and dense surrounding rooftops. The site has been held for more than 50 years and is now being offered for lease.

Key Highlights

  • Restaurant ground lease at 7301 West North Avenue
  • ~100 feet of frontage
  • Existing pylon sign

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
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing pylon signage supports a prominent position within an established retail and restaurant corridor.
Where is this conventional restaurant located?
The property is located at 7301 West North Avenue River Forest, IL.
What are key features of this property?
This property features: Restaurant ground lease at 7301 West North Avenue; ~100 feet of frontage; Existing pylon sign
More about this property
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