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Financial
Distress signals
Property profile

240 Chicago Ave Oak Park, IL 60302

OFF-MARKET
Retail space
Property ID
US28-2435696
0.17 ac lot Built 1972
Last sale Feb 2022 · $762,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A single-tenant, free-standing convenience retail property operated by 7-Eleven, located in Oak Park, Illinois within the Chicago MSA. The building is configured for a dedicated retail convenience use and is commonly associated with an absolute NNN lease structure, which is designed to place maintenance and related cost responsibilities on the tenant rather than the landlord. The property sits within a densely populated commercial-residential area, with the listing citing average household…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$32k
Tax billed · 2022
Assessed value$84k
Assessed land$47k
Assessed improvement$37k
Effective rate38.40%

Value estimate

· Oct 2026
$600k
$540k – $660k
AI approach$505k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store13.3
Law Firm12.8
Parking Facility12.7

Location

240 Chicago Ave Oak Park, IL 60302-2361
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6407 Nn, Oak Park, IL 60302-1003 $8,350,000 Jun 2025 No data
6323 Nn, Oak Park, IL 60302-1126 $8,350,000 Jun 2025 No data
6405 Nn, Oak Park, IL 60302-1003 $8,350,000 Jun 2025 No data
6419 Nn, Oak Park, IL 60302-1003 $8,350,000 Jun 2025 No data
6315 Nn, Oak Park, IL 60302-1126 $8,350,000 Jun 2025 No data
733 Madison, Oak Park, IL 60302-4419 $2,723,000 Apr 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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