6957 North Ave Oak Park, IL 60302
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15-Unit Office Building, 71% Occupied
Property Features for 6957 North Ave
General Information
- Property type
- Office properties & Spaces
- Class
- C
- Lot Size
- 9,148 SF
Building Details
- Year Built
- 1962
- Buildings
- 1
- Stories
- 3
- Units
- 15
Listing Agent: Olivia Wirth
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This three-story, 9,148 square foot office building in Oak Park, IL presents a compelling value-add investment opportunity. Located at 6957 W North Ave, this Class C property boasts 15 units within a multi-tenant setting, currently showing 71% occupancy. Built in 1962, the building sits on a 0.21-acre lot and features a desirable location with high visibility on North Avenue (33,500 vehicles per day). The property benefits from convenient access to major roadways including I-290 and I-294, as well as public transportation via the CTA Green Line and multiple bus routes, ensuring excellent connectivity to the broader Chicago metropolitan area. The building is zoned B and offers a mix of executive and traditional office spaces, many with open concepts. Ample street parking is available, and various small suites are currently available for lease. The asking price is $895,000, making this a potentially lucrative owner/user or investment opportunity in a thriving Oak Park location. The property's strong location, combined with its potential for increased occupancy and lease rates, makes it an attractive prospect for investors seeking value-add potential in a desirable suburban market. The property's triple net (NNN) lease structure further enhances its investment appeal.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Integrative Therapies Wellness
Medical Clinic
North Forest Medical ...
Medical Clinic
Tip Tax Solutions
Accounting Firm
Chicago National BankCard
Loan Service
Absolute Health Improvement ...
Alternative Medicine Practice
Location Insight
- Map
- Local Demand
- City
- Oak Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.801164944752
- Latitude
- 41.908925654582
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FAQs
What type of property is this?
Office property - 15-Unit Office Building, 71% Occupied
Where is this office property located?
The property is located at 6957 North Ave Oak Park, IL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 9,148 SF three-story office building on a 0.21-acre lot.; High visibility on North Avenue (33,500 vehicles per day).; Ample street parking, 15 units, open-concept office spaces available.
