Financial
Distress signals
Property profile

7777 Lake St River Forest, IL 60305

FOR SALE
Retail space
Property ID
US28-0822931
0.39 ac lot Built 1940
Last sale Mar 2000 · $330,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 7777 Lake Street in River Forest, Illinois, this retail and office building contains approximately 24,516 square feet of space on a 0.45-acre site. The property includes a full basement used for storage and is configured with 20 total units, supported by on-site surface parking as well as additional street parking. Tenancy has historically included retail users such as Edward Jones Investments and River Forest Dry Cleaners & Tailoring alongside multiple office users. The building is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$106k
Tax billed · 2022
Assessed value$327k
Assessed land$106k
Assessed improvement$220k
Effective rate32.29%

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$210k
NOI build-up
Gross scheduled income$360k
Vacancy & credit loss−$36k
Operating expenses−$122k
NOI · 7.36% cap applied$203k

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?
7.36%
$203k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.1
Watch Repair Shop9.0
Carpet & Flooring Store8.7

Location

7777 Lake St River Forest, IL 60305
County assessor Recorded deeds · 4 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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