River Forest Retail and
For Sale
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7777 Lake St, River Forest, IL 60305
Value-add retail and office building in River Forest, Illinois.
Property Size15,000 SF
Lot Size0.45 Acres
Days on Market167
Property Features for 7777 Lake St
General Information
Standard status
Active
Size
15,000 SF
Lot size
0.45 Acres
Property subtype
Retail
Building Details
Building Size
15,000 SF
Year Built
1940
Listing Agency:
SVN Chicago Commercial
(630) 330-3352
Listed By:
Karen Kulczycki, CCIM, SIOR · License #IL #471020279
(630) 330-3352
Source:
Svn
Added: Mar 6
Changed: Aug 19
Last Checked: Aug 20 at 5:51AM
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.
Located in River Forest, Illinois, 7777 Lake Street is a retail and office building offering approximately 15,000 square feet of space on a 0.45-acre lot. The property includes a full basement for storage and features a total of 20 units. Currently, the building is 48% occupied, presenting a value-add opportunity. Existing retail tenants include Edward Jones Investments and River Forest Dry Cleaners & Tailoring, along with various office users. The property benefits from a surface parking lot and ample street parking. Situated one mile west of downtown River Forest's shopping district and directly across from Lincoln Elementary School, the location offers high visibility. River Forest, a village in Cook County, is approximately 11 miles west of downtown Chicago and closely connected to Oak Park. The area is home to Dominican and Concordia Universities, with a combined student population of around 8,200. Transportation options are readily accessible, with close proximity to the Harlem/Lake Green Line "el" station, the River Forest Metra station, and the Oak Park Metra station. Major roadways, including I-290, I-294, Illinois Route 43, and Illinois Route 64, are easily accessible.
Key Highlights
- Value‑add opportunity with a 15,000 SF retail and office building on 0.45 acres.
- High visibility location in River Forest, near downtown Chicago and Oak Park.
- 48% occupied with 20 total units, including established tenants like Edward Jones Investments and River Forest Dry Cleaners & Tailoring.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Explore this area
Business Placement
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Value-add retail and office building in River Forest, Illinois.
Where is this retail space located?
The property is located at 7777 Lake St River Forest, IL.
What are key features of this property?
This property features: Value‑add opportunity with a 15,000 SF retail and office building on 0.45 acres.; High visibility location in River Forest, near downtown Chicago and Oak Park.; 48% occupied with 20 total units, including established tenants like Edward Jones Investments and River Forest Dry Cleaners & Tailoring.
