Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7234 North Ave Elmwood Park, IL 60707

    Sponsored
    For Sale
    $315,000

    Executive Office Suites, High Traffic Area

    Property size:
    3,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 3,300-square-foot executive office condominium is available for sale in Elmwood Park, Illinois. Located on the ground floor of the Cameo Towers building, a 19-story mixed-use complex with 178 residential and 20 commercial units, this property offers excellent visibility and high traffic counts (34,677 vehicles daily). Currently subdivided into two units (Unit 105: 2,200 sq ft, leased to H&R Block with a three-year lease generating $43,400 annual rent

    Property Features for 7234 North Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,300 SF

    Building Details

    Units
    2

    HighLights

    • 3,300 SF ground floor office condo in Elmwood Park, IL's Cameo Towers.
    • Currently subdivided into two units.
    • Unit 105 (2,200 SF) leased to H&R Block with a three‑year lease at $43,400 annually.
    • Unit 108 (1,100 SF) available for lease or sale.
    • Includes three deeded garage parking spaces.
    • High visibility location with exterior signage, near Meacham Road Interchange & I‑90.
    Property Profile Location Intelligence

    Current Use by Public Records

    S & E Property ... Property Management Company James H Cunningham ... Insurance Agency TW0ZER0 LLC Consultant Tapped In Worldwide Jewelry Store Brown Women Wellness Wellness Program

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmwood Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8077989
    Latitude
    41.9091423

    Nearby Comparable

    • $84,900
      0.23 Acres

      Elmwood Park Commercial/Flex Space

      Unique commercial/flex space near Rush hospital campus in Elmwood Park.
      7234 W North Ave, Elmwood Park, IL 60707
      View Details
    • $7,377,000
      20,291 SF

      Elmwood Park Investment Opportunity

      Two-tenant investment property in Elmwood Park, Illinois for sale.
      1850 N Harlem Ave, Elmwood Park, IL 60707
      View Details
    • Contact for pricing
      9,148 SF

      Two-Story Office Building in Oak Park

      Two-story office building with 15 units and rear parking.
      6957 Forest Ave, Oak Park, IL 60302
      View Details
    • $895,000
      0.21 Acres

      Oak Park Office Building Investment

      15-Unit Office Building, 71% Occupied
      6957 North Ave, Oak Park, IL 60302
      View Details
    • $575,000
      6,700 SF

      Oak Park Office Building For Sale

      12-unit, 6,700 SF office building
      6955 North Ave, Oak Park, IL 60302
      View Details
    • $1,350,000
      14,005 SF

      Chicago Medical Office Building

      100% Leased, Value-Add Opportunity
      7000 North Ave, Chicago, IL 60707
      View Details
    • $250,000

      Updated Townhouse in Oak Park

      Spacious 2-bedroom, 2-bathroom townhouse with finished basement and garden.
      1007 S Oak Park Ave, Oak Park, IL 60304
      View Details
    • $139,900
      0.09 Acres

      Turnkey Gaming Lounge Opportunity

      Newly built gaming lounge for sale in Elmwood Park.
      1234 N Confidential Ave, Elmwood Park, IL 60707
      View Details
    • $1,350,000
      17,850 SF

      Renovated Office Building with Garage

      Three-story office building with 17 units and garage lot.
      7006 W 7000 & Ave North, Chicago, IL 60707
      View Details
    • $119,000

      First-Floor Unit Near Elmwood Park

      Charming first-floor unit with private patio in vibrant Chicago neighborhood.
      2218 N Newland Ave, Chicago, IL 60707
      View Details
    • $629,000

      Oak Park Specialty Property

      Specialty property available for sale in Oak Park, Illinois.
      6549 North Ave, Oak Park, IL 60302
      View Details

    Nearby Similar for Sale

    • $749,900
      0.12 Acres

      Elmwood Park Triplex Investment Opportunity

      Well-maintained legal 3-flat with recent updates and income potential.
      2510 N 72Nd Ct, Elmwood Park, IL 60707
      View Details
    • $84,900
      0.23 Acres

      Elmwood Park Commercial/Flex Space

      Unique commercial/flex space near Rush hospital campus in Elmwood Park.
      7234 W North Ave, Elmwood Park, IL 60707
      View Details
    • $139,900
      0.09 Acres

      Turnkey Gaming Lounge Opportunity

      Newly built gaming lounge for sale in Elmwood Park.
      1234 N Confidential Ave, Elmwood Park, IL 60707
      View Details
    • $159,900

      Spacious One-Bedroom Unit with Balcony

      One-bedroom unit with balcony, close to amenities and transportation.
      7214 W Wrightwood Ave, Elmwood Park, IL 60707
      View Details
    • $315,000
      1,100 SF

      Elmwood Park Office Condo

      3,300 SF office condo with excellent visibility.
      7234 W Avenue N, Elmwood Park, IL 06709
      View Details
    • $7,377,000
      20,291 SF

      Elmwood Park Investment Opportunity

      Two-tenant investment property in Elmwood Park, Illinois for sale.
      1850 N Harlem Ave, Elmwood Park, IL 60707
      View Details
    • $760,000
      8,500 SF

      Elmwood Park Mixed-Use Investment

      Two-building package with retail and mixed-use in Elmwood Park.
      7504-06 West Grand Ave, Elmwood Park, IL 60707
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Executive Office Suites, High Traffic Area
    Where is this office property / space located?
    The property is located at 7234 North Ave Elmwood Park, IL.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 3,300 SF ground floor office condo in Elmwood Park, IL's Cameo Towers.; Currently subdivided into two units.; Unit 105 (2,200 SF) leased to H&R Block with a three-year lease at $43,400 annually.
    (312) 338-3001
    Request Owner's contact information
    7234 North Ave Elmwood Park, IL 60707
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7234 North Ave
    Elmwood Park, IL 60707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7234 North Ave Elmwood Park, IL 60707
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.