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    River Forest, IL
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    River Forest, IL Mixed-use Properties for Sale

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    Oak Park, IL Elmwood Park, IL Forest Park, IL Maywood, IL River Grove, IL Melrose Park, IL Berwyn, IL Bellwood, IL
    River Forest Retail and Office
    Updated: Sep 18, 2024
    River Forest Retail and Office

    7777 Lake St, River Forest, IL 60305

    $2,750,000
    12,000 sqft 0.45 AC lot
    Value‑add opportunity with 62.5% occupancy and 20 total units.
    Located in River Forest, just 11 miles west of downtown Chicago, near Oak Park.
    Proximity to transportation: Harlem/Lake Green Line 'el' station, River Forest Metra, Oak Park Metra, I‑290, I‑294, Illinois Route 43, and Illinois Route 64.
    Retail and Office building with ±24,516 SF on 0.45 Acres with full basement for storage.
    Across the street from Lincoln Elementary School.
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    This listing looks promising.

    Here's a quick look at some key insights for

    7777 Lake St, River Forest, IL 60305

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $203K
      Annual

    • Mortgage

      $300K
      Recorded

    • Property Type

      Retail Stores
      Built 1940
    View Property Analytics
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in River Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    421 LAKE Street, Maywood, IL 60153

    $1,050,000
    0.36 AC lot

    Two-story mixed-use building with leased residential units, storefronts, and rear industrial-style space.

    View details
    Oak Park Mixed-Use Investment
    Oak Park Mixed-Use Investment

    97 Harlem Avenue, Oak Park, IL 60302

    $449,000
    0.04 AC lot

    High-traffic location with retail and residential income potential.

    View details
    Renovated Mixed-Use Income Building
    Renovated Mixed-Use Income Building

    6600-04 W Roosevelt Road W, Oak Park, IL 60304

    $1,250,000
    0.19 AC lot

    Renovated six-unit mixed-use building with three retail suites and three apartments, with five units currently occupied.

    View details
    Maywood Mixed-Use Commercial Building
    Maywood Mixed-Use Commercial Building

    409 Lake Street, Maywood, IL 60153

    $620,000
    2,000 sqft 0.21 AC lot

    Mixed-use building with development potential in Maywood shopping district.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Chicago West Side Development Opportunity
    Chicago West Side Development Opportunity

    4722 W Madison Street, Chicago, IL 60644

    $30,000
    0.10 AC lot

    Vacant lot on Madison Street, ideal for development.

    View details
    Chicago West Side Development Opportunity
    Chicago West Side Development Opportunity

    4720 W Madison Street, Chicago, IL 60644

    $30,000
    0.20 AC lot

    Vacant lot in growing area with strong future upside.

    View details
    Chicago West Side Development Opportunity
    Chicago West Side Development Opportunity

    4718 W Madison Street, Chicago, IL 60644

    $30,000
    0.11 AC lot

    Vacant lot in growing area with strong future upside.

    View details
    Chicago West Side Development Opportunity
    Chicago West Side Development Opportunity

    4716 W Madison Street, Chicago, IL 60644

    $30,000
    0.07 AC lot

    Vacant lot in growing area with strong future upside.

    View details

    Off-Market Properties in River Forest, IL

    Consider similar Off-Market properties in River Forest, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1539 Park Ave
    STORES & APARTMENTS

    1539 Park Ave, River Forest, IL 60305-1055

    $890,000
    Estimated value
    6,374 sqft 0.16 AC lot
    View details
    7777 Nn Ave
    STORES & APARTMENTS

    7777 Nn Ave, River Forest, IL 60305-1062

    Value Estimation by Request
    1,235 sqft 0.12 AC lot
    View details

    River Forest, IL Mixed-Use Properties Market Trends and Statistics

    Explore 3 mixed-use properties for sale in River Forest, IL on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale, with an estimated market value of $2,750,000.

    Sale prices for multi use buildings in River Forest, IL start at $2,750,000, averaging $2,750,000, and reaching up to $2,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.8%
    Median Household Income $148,711

    High-Yield Neighborhoods for Investment

    Identify River Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60305 $2.8M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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