Realmo Analytics

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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 in River Forest, Illinois at 7777 Lake Street, the property is a mixed-use retail and office building containing approximately 24,516 square feet on a 0.45-acre site. The building includes a full basement suitable for storage and is configured with 20 total units. It features surface parking with additional street parking in the surrounding area. The property is positioned one mile west of the downtown River Forest shopping district and directly across from Lincoln Elementary School,…

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?
$106k
Tax billed · 2022
Assessed value$327k
Assessed land$106k
Assessed improvement$220k
Effective rate32.29%

Value estimate

· Oct 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 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7577 Lk, River Forest, IL 60305-1847 $400,000 Feb 2026 No data
7513 Lk, River Forest, IL 60305-1819 $776,000 Dec 2025 No data
7708 Madison, River Forest, IL 60305-2102 $225,000 Nov 2024 No data
349 Ashland, River Forest, IL 60305-2131 $656,000 Oct 2023 1,750 SF
416 Thatcher, River Forest, IL 60305 $3,400,000 Jan 2023 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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