2-Story Office Building with Lower Level Available

6957 W North Avenue | 1244-1246 Forest Avenue Oak Park, IL 60302

6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL, 60302
6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL, 60302 6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL, 60302 6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL, 60302 6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL, 60302 6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL, 60302
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$895,000
Last Verified:
Nov 25, 2024

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Highlights


Description

SVN Chicago Commercial is pleased to present 6957 W. North Avenue | 1244-1246 Forest Avenue, a ±9,148 SF two-story office building with garden level in Oak Park, Illinois. 15-Units, rear parking, and 71% occupancy. Various small suites available. Frontage on North Ave (33,500 VPD) just east of Harlem Avenue. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area.

SVN Chicago Commercial is pleased to present 6957 W. North Avenue | 1244-1246 Forest Avenue, a ±9,148 SF two-story office building with garden level in Oak Park, Illinois. 15-Units, rear parking, and 71% occupancy. Various small suites available. Frontage on North Ave (33,500 VPD) just east of Harlem Avenue. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area.

This exciting investment opportunity is located in the city of Oak Park, which is a quaint upscale community 9 miles west of the Chicago Business District. With nearby access to I-290, I-294, the CTA Green Line and multiple bus routes, the property enjoys seamless connections to the broader Chicago metropolitan area. This accessibility not only facilitates customer traffic but also supports the convenience of commuting for employees, making the location an ideal choice for retail businesses seeking strategic connectivity. Oak Park is considered a shopping and dining destination for tourists and locals alike.


Year Built: 1962
Building Size: 9148sq ft
Building Class: C
Lot Size: 0.21 acres


Documents

SVN - LEASE Brochure
SVN - SALE Brochure

Units for Lease

Suite 201
Space Available: 450 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00
Suite 203
Space Available: 120 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00
Suite 207A
Space Available: 435 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00
Suite 207B
Space Available: 240 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00
Suite B1
Space Available: 340 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00
Suite B2
Space Available: 340 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00
Suite B5
Space Available: 340 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00
1246 Forest
Space Available: 350 SF
Lease Type: NNN

Price Per Sqft/Year: $18.00

Map of 6957 W North Avenue | 1244-1246 Forest Avenue, Oak Park, IL, 60302

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.