7310 North Ave, Elmwood Park, IL 60707
This four-story, 17,300 square foot medical office building is located at 7310 W North Ave, Elmwood Park, IL 60707. The property features 21 parking spaces (14 surface, 7 garage) and sits on a 0.23-acre lot with 79 feet of frontage on North Avenue, a high-traffic road with 30,500 vehicles per day. Currently 49.97% occupied, the building offers a modified lease with a multi-tenancy structure and four years remaining on the lease term. Built in 1967, the building includes multiple modern, fully built-out dental offices and a ground-level restaurant. Three floors are available for various professional medical or office uses. The asking price is $1,795,000 ($123/sq ft), with a current NOI of $24,322. Recent improvements include all exterior windows being replaced and a new roof membrane installed in 2024. This presents an excellent opportunity for owner-occupied medical practices or value-add investors seeking a prime location in a dense urban market with high visibility and ample parking. The property's location near the intersection of Harlem Ave and North Ave provides excellent signage opportunities and easy access.
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Nudera Orthodontics: Nudera Robert DDS Dental Office
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Danielle Musso, DDS Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.