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Two-Tenant Office Building
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7310 ALPINE N, Loves Park, IL 61111

CR-zoned office property is fully occupied by long-term tenants.

Property Size5,250 SF
Price / SF$93.31
Days on Market15

Property Features for 7310 ALPINE N

General Information

Standard status Active
Size 5,250 SF
Total Parking Spaces 22
Property subtype OFFICE
Zoning CR
Occupancy 100%

Additional Details

Cap Rate 9.79%

Building Details

Year Built 1998
Tenancy Multi
Owner Occupied No
Listing Agency: Dickerson Nieman Commercial
Listed By: Tracy Eastman, CCIM
Source: Moodyscre
Added: Aug 7 Changed: Aug 21 Last Checked: Aug 21 at 5:43AM

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 Dickerson Nieman Commercial

Investment Insights

Based on property information with market context.

This 5,250-square-foot office building contains two tenant spaces and was constructed in 1998. The property is zoned CR, Commercial Retail, and is fully occupied by long-term tenants. Four HVAC sets serve the building, including one installed in 2025, two in 2024, and one in 2020.

Property improvements include a partial parking lot completed in 2025 with 22 parking spaces and new gutters installed in 2021. The office building is situated on Windsor Lake and has a reported 9.79% rate of return.

Key Highlights

  • 5,250‑square‑foot office building with two tenant spaces
  • CR, Commercial Retail zoning
  • Fully occupied by long‑term tenants

Property Analytics

Current Use

Simply Computer Software ... (Bike/Boat/Book/etc) Store Biatris Guzman: Allstate ... Insurance Agency Healing Pathways, PLLC Counselor Alix Kavran Counselor

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 61111, IL

23,028
Population
10,248
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
14.2 sq mi
ZIP Area
1,622
Density / Sq Mi
$58,391
Median Household Income
$42,751
Median Earnings
$1,101
Median Rent
$143,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - CR-zoned office property is fully occupied by long-term tenants.
Where is this office building located?
The property is located at 7310 ALPINE N Loves Park, IL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: 5,250‑square‑foot office building with two tenant spaces; CR, Commercial Retail zoning; Fully occupied by long‑term tenants
(815) 979-4926 Call to check price and availability
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