Listing Agency: CBRE | Chicago s***@cbre.com Show Phone

Listed By: Sean McCourt Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 9 at 11:22AM

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Investment Insights

Based on property information with market context.

This property features 1.2 acres of land available for ground lease or build-to-suit opportunities. The location offers excellent visibility with direct frontage on Grand Avenue, situated in the heart of densely populated Elmwood Park. The surrounding area includes a high density of residential rooftops, with a population exceeding 280,000 within a 3-mile radius. The area also benefits from high average household incomes, exceeding $105,000. Several daily traffic generators are located nearby, including a Metra station, grocery stores, fitness centers, and restaurants.

Key Highlights

• Excellent visibility with direct frontage on Grand Ave.
• Located in the heart of densely populated Elmwood Park.
• High average household incomes (over $105,000).

Property Analytics

Property Profile

Current Use

7411 W Grand ... Parking Lot & Garage Trusted Foreclosure Consultation Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Computer & Electronic Repair (Bike/Boat/Book/etc) Store Grocery & Convenience 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

959

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - 1.2 acres of land available for ground lease.

Where is this commercial land located?

The property is located at 7411 West Grand Avenue Elmwood Park, IL.

What are key features of this property?

This property features: Excellent visibility with direct frontage on Grand Ave.; Located in the heart of densely populated Elmwood Park.; High average household incomes (over $105,000).