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    OFF-MARKET
    Retail properties & Spaces

    7310 North Ave, Elmwood Park, IL 60707

    17,300 SF 0.23 ac lot Built 1967
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1967
    Total area 17,300 SF
    Lot 0.23 ac (10,019 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Taglia Advanced Dentistry Dental Office
    • Nudera Orthodontics Dental Office
    • InfoSec Institute Training Center
    • Nudera Orthodontics: Nudera Robert DDS Dental Office
    • Danielle Musso, DDS Dental Office
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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