7777 Lake St River Forest, IL 60305
For Sale
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This exceptional River Forest property at 7777 Lake St, offers 17,000 square feet of versatile space across 20 suites in a two-story, Class C building constructed in 1940. The property, situated on a 0.45-acre lot, is zoned C3 and features a mix of retail, traditional office, medical office, and executive office spaces available for lease. Its prime location in Cook County, IL (zip code 60305) provides excellent access to public transportation, including the Harlem/Lake Green Line "el" station, River Forest and Oak Park Metra stations. Major roadways such as I-290, I-294, Illinois Route 43, and Illinois Route 64 are also easily accessible. The building benefits from its proximity to the vibrant downtown River Forest shopping district (one mile west), Lincoln Elementary School (across the street), and two universities (Dominican and Concordia) with a combined student population of approximately 8,200. Current retail tenants include Edward Jones Investments and River Forest Dry Cleaners & Tailoring, creating a strong established commercial presence. This presents a unique opportunity for businesses seeking a well-connected location within a thriving community just 11 miles west of downtown Chicago.
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Icap Social Service Agency Medical Clinic
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Soppet Stephen E DDS Dental Office
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Lee Clara w DDS Dental Office
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BEactive bodyTherapies Alternative Medicine Practice Spa & Massage Center
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Frank Aievoli American Family Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.