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    River Forest, IL
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    River Forest, IL Retail Properties & Spaces for Sale

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    Oak Park, IL Elmwood Park, IL Forest Park, IL
    River Forest Commercial Retail Investment
    Updated: Feb 24
    River Forest Commercial Retail Investment

    7361 North Avenue, River Forest, IL 60305

    $600,000
    3,200 sqft · 0.14 AC lot
    Two renovated, adjoining storefronts fully leased to long‑term tenants (Chiropractor and Fitness Studio).
    High visibility location on busy North Avenue (IL‑64) with approximately 30,000 vehicles per day.
    Located in the village of River Forest, bordering Elmwood Park, an immediate western Chicago suburb.
    Total building size of +/-3,200 SF comprised of a +/-2,200 SF unit and a +/-1,000 SF unit.
    Includes an 8‑car parking lot.
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    This listing looks promising.

    Here's a quick look at some key insights for

    7361 North Avenue, River Forest, IL 60305

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $635K
      Above asking

    • Property Type

      Retail Stores
      Built 1953
    View Property Analytics
    River Forest Retail and Office
    Updated: Mar 6
    River Forest Retail and Office

    7777 Lake St, River Forest, IL 60305

    Contact for pricing
    15,000 sqft · 0.45 AC lot
    Value‑add opportunity with a 15,000 SF retail and office building on 0.45 acres.
    High visibility location in River Forest, near downtown Chicago and Oak Park.
    48% occupied with 20 total units, including established tenants like Edward Jones Investments and River Forest Dry Cleaners & Tailoring.
    Convenient access to public transportation: Harlem/Lake Green Line "el" station, River Forest Metra station, and Oak Park Metra station.
    Easy access to major roadways: I‑290, I‑294, Illinois Route 43, and Illinois Route 64.
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    River Forest Retail and Office
    River Forest Retail and Office

    7777 Lake St, River Forest, IL 60305

    $2,750,000
    12,000 sqft · 0.45 AC lot

    24,516 SF retail and office building for sale.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in River Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Oak Park Retail Opportunity
    Oak Park Retail Opportunity

    1129 Lake Street |, Oak Park, IL 60301

    $12,527,000

    Retail property in Oak Park with strong tenancy.

    View details
    Retail Space on Harlem Avenue
    Retail Space on Harlem Avenue

    479 N Harlem Ave |, Oak Park, IL 60301

    Contact for pricing
    1,440 sqft

    Retail space available with frontage on Harlem Avenue.

    View details
    Maywood Commercial Property For Sale
    Maywood Commercial Property For Sale

    615 S 5th Avenue, Maywood, IL 60153

    $450,000
    22,000 sqft · 1.41 AC lot

    Large lot with existing structure and ample parking.

    View details
    Maywood Commercial Property on 5th
    Maywood Commercial Property on 5th

    615 S 5th Avenue, Maywood, IL 60153

    $450,000
    22,000 sqft · 1.40 AC lot

    22,000 SF structure on 61,000+ SF lot in Maywood.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Chicago Vacant Lot Development Opportunity
    Chicago Vacant Lot Development Opportunity

    2100 N Parkside Avenue, Chicago, IL 60639

    $45,890
    0.25 AC lot

    Vacant lot in Chicago, ideal for development.

    View details
    Chicago West Side Development Opportunity
    Chicago West Side Development Opportunity

    4722 W Madison Street, Chicago, IL 60644

    $30,000
    0.10 AC lot

    Vacant lot on Madison Street, ideal for development.

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    Chicago West Side Development Opportunity
    Chicago West Side Development Opportunity

    4720 W Madison Street, Chicago, IL 60644

    $30,000
    0.20 AC lot

    Vacant lot in growing area with strong future upside.

    View details
    Chicago West Side Development Opportunity
    Chicago West Side Development Opportunity

    4718 W Madison Street, Chicago, IL 60644

    $30,000
    0.11 AC lot

    Vacant lot in growing area with strong future upside.

    View details

    Off-Market Properties in River Forest, IL

    Consider similar Off-Market properties in River Forest, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7577 Lk St
    RETAIL STORES (PERSONAL SERVICES)

    7577 Lk St, River Forest, IL 60305-1847

    Value Estimation by Request
    0.07 AC lot
    View details
    7513 Lk St
    RETAIL STORES (PERSONAL SERVICES)

    7513 Lk St, River Forest, IL 60305-1819

    $775,000
    Estimated value
    0.12 AC lot
    View details
    7525 Lk St
    GROCERY, SUPERMARKET

    7525 Lk St, River Forest, IL 60305-1844

    $520,000
    Estimated value
    4.56 AC lot
    View details
    7519 Lk St
    GROCERY, SUPERMARKET

    7519 Lk St, River Forest, IL 60305

    Value Estimation by Request
    0.36 AC lot
    View details
    7348 Lk Stp1
    RESIDENTIAL PARKING GARAGE

    7348 Lk Stp1, River Forest, IL 60305-2257

    Value Estimation by Request
    0.19 AC lot
    View details
    7756 Madison St
    RETAIL STORES (PERSONAL SERVICES)

    7756 Madison St, River Forest, IL 60305-2058

    $890,000
    Estimated value
    0.47 AC lot
    View details
    7608 Madison St
    AUTO REPAIR, GARAGE

    7608 Madison St, River Forest, IL 60305

    $1,670,000
    Estimated value
    0.05 AC lot
    View details
    8121 Lk St
    RESIDENTIAL PARKING GARAGE

    8121 Lk St, River Forest, IL 60305-1617

    Value Estimation by Request
    0.02 AC lot
    View details
    1533 William St, Unit P14
    RESIDENTIAL PARKING GARAGE

    1533 William St, River Forest, IL 60305-1152

    Unit P14
    Value Estimation by Request
    0.44 AC lot
    View details
    7352 Lk Stp1
    RESIDENTIAL PARKING GARAGE

    7352 Lk Stp1, River Forest, IL 60305-2260

    Value Estimation by Request
    0.19 AC lot
    View details
    7708 Madison St
    RETAIL STORES (PERSONAL SERVICES)

    7708 Madison St, River Forest, IL 60305-2102

    Value Estimation by Request
    0.04 AC lot
    View details
    1533 William St, Unit 2P
    RESIDENTIAL PARKING GARAGE

    1533 William St, River Forest, IL 60305-1152

    Unit 2P
    Value Estimation by Request
    0.44 AC lot
    View details
    8141 Lk St
    RESIDENTIAL PARKING GARAGE

    8141 Lk St, River Forest, IL 60305-1617

    Value Estimation by Request
    0.02 AC lot
    View details
    7348 Lk Stp1
    RESIDENTIAL PARKING GARAGE

    7348 Lk Stp1, River Forest, IL 60305-2257

    Value Estimation by Request
    0.19 AC lot
    View details
    7201 Lk St
    MINI-MALL

    7201 Lk St, River Forest, IL 60305-2238

    Value Estimation by Request
    2.87 AC lot
    View details
    7251 Lk St
    RETAIL STORES (PERSONAL SERVICES)

    7251 Lk St, River Forest, IL 60305-2238

    Value Estimation by Request
    1.36 AC lot
    View details
    7201 Lk St
    RETAIL STORES (PERSONAL SERVICES)

    7201 Lk St, River Forest, IL 60305-2238

    Value Estimation by Request
    1.11 AC lot
    View details
    7344 Lk Stp4
    RESIDENTIAL PARKING GARAGE

    7344 Lk Stp4, River Forest, IL 60305-2200

    Value Estimation by Request
    0.19 AC lot
    View details
    1533 William St, Unit P1
    RESIDENTIAL PARKING GARAGE

    1533 William St, River Forest, IL 60305-1152

    Unit P1
    Value Estimation by Request
    0.44 AC lot
    View details
    7352 Lk Stp5
    RESIDENTIAL PARKING GARAGE

    7352 Lk Stp5, River Forest, IL 60305-2260

    Value Estimation by Request
    0.19 AC lot
    View details
    8109 Lk St
    RESIDENTIAL PARKING GARAGE

    8109 Lk St, River Forest, IL 60305-1617

    Value Estimation by Request
    0.02 AC lot
    View details

    River Forest, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in River Forest, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,200 square feet of properties for sale, with an estimated market value of $3,350,000.

    Sale prices for stores in River Forest, IL start at $600,000, averaging $1,675,000, and reaching up to $2,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.8%
    Median Household Income $148,711

    High-Yield Neighborhoods for Investment

    Identify River Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60305 $1.7M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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