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100% Leased Office Property For Sale

$1,350,000

7000 W North Ave, Chicago, IL 60707

Active
Last Updated: 02/19/2025

14,005 sqft

Building Size

0.28 acres

Lot Area

Details:
Building Size:    14,005 sqft
Lot Area:    0.28 acres
Occupancy:    100%
Class:    B
Units:    19
Year Built:    1980
Floors:    3
Highlights:
  • 14,005 SF office building with 19 fully leased units
  • Renovated in 2023 with new HVAC units and roof
  • Solar Roof Panels to be contracted by ownership
  • 100% occupancy, delivering immediate returns
  • Versatile parking options: covered, surface, and street
  • Additional lot included for potential expansion or parking
  • Upside opportunity in building to increase value
  • Proximity to former Sears site redevelopment
Description:

Introducing an exceptional investment opportunity in the heart of Chicago, this impressive 14,005 SF office building offers 19 fully leased units, plus 6 6-car masonry garage delivering immediate returns to discerning investors. Renovated in 2023, the property showcases owner-funded enhancements including new HVAC units, a modernized roof, and updated signage, ensuring optimal tenant comfort and satisfaction. Boasting versatile parking options with covered, surface, and street parking, as well as an additional lot for potential expansion, this property provides flexibility and future growth potential. Strategically situated just half a block from the intersection of North and Harlem Ave, and near major healthcare centers, including Rush Outpatient Facility, Rush Oak Park and West Suburban hospitals, this property represents a compelling opportunity for a lucrative investment in the thriving Chicago market.

Positioned at the focal point of Chicago's vibrant business landscape, 7000 W North Ave presents an enticing opportunity for office investors. The area is teeming with an eclectic mix of dining, retail, and leisure establishments, catering to the diverse needs of employees and visitors. Set near the thriving commercial hub of Oak Park, the location offers a perfect blend of tranquility and urban vitality. Located in the Galewood neighborhood on the border of Oak Park. Just a 1/2 mile east of Harlem Avenue at the northwest corner of North Sayre Avenue. Located along street retail, medical professional offices, Rush University Medical Center health system 60,000 SF outpatient building, near two hospitals (2.5 miles from Rush Oak Park Hospital & 2.2 miles from Gottlieb Memorial Hospital) and 0.8 miles east of Loyola Center for Immediate Care at River Forest. Accessible transportation networks ensure seamless connectivity, while the area's burgeoning reputation as a sought-after business destination underscores its potential for success. Uncover the possibilities for growth and prosperity in this prime Chicago market location.

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