100% Leased Office Property For Sale

For Sale

7000 W North Ave, Chicago, IL 60707

This Chicago property for sale is located at 7000 W North Ave. The general use of 100% Leased Office Property For Sale is office and it incorporates 14,005 square feet of class B office space. The current listed sale price for 100% Leased Office Property For Sale is $1,350,000. 100% Leased Office Property For Sale is situated on a lot that is 0.28 acre in size.

Contacts

broker

Albert M. Lindeman

SVN | Chicago Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 14,005 SF
  • Units 19
  • Lot Size 0.28 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980
  • Year Renovated 2023
  • Date Updated Nov 20, 2024
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.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.Professional office space on North Avenue across from Oak Park. Many professional medical and office users in the building. The property features and atrium with natural light and ample natural light to the suites with large windows from ceiling to floor. A great opportunity to be near hospitals and an immediate care center. A great time locate near the planned redevelopment of Galewood's former Sears at the northeast corner of Harlem Ave. and North Ave. The proposed project will bring mix of retail and residential construction.

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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

Getting around

  • 78/100

    Walk Score ®

  • 55/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Zip Code 60707
  • Market Chicago

Points of Interest

  • Elmwood Park

    1.31 miles

  • Maywood

    2.44 miles

  • Belmont Avenue (Franklin Park)

    3.69 miles

  • Cicero

    3.80 miles

  • Franklin Park

    3.88 miles

  • 54th/Cermak

    4.58 miles

  • Irving Park

    4.76 miles

  • Logan Square

    4.85 miles

  • Belmont

    5.00 miles

  • Schiller Park

    5.14 miles

  • Shell

    0.30 miles

  • BP

    0.39 miles

  • Citgo

    0.57 miles

  • Mobil

    0.78 miles

  • Soofa Solar Phone Charger

    0.90 miles

  • eVgo

    5.03 miles

  • Tesla Supercharger

    5.70 miles

  • ChargePoint

    5.77 miles

  • Tesla Destination Charger

    6.04 miles

  • Concordia University Parking Garage

    0.73 miles

  • Hatch School Parking Lot

    0.96 miles

  • East Parking Lot

    1.13 miles

  • Visitors Parking

    1.22 miles

  • Greenfield Parking Lot

    1.23 miles

  • Parking Garage

    1.23 miles

  • West Parking Lot

    1.28 miles

  • Holly Court Parking Garage

    1.38 miles

  • Avenue Parking Garage

    1.55 miles

  • West Suburban Hospital Parking Garage

    1.73 miles

  • Super 8 Chicago/Rosemont/O'Hare/SE

    3.22 miles

  • LP Motel

    3.81 miles

  • Relax Inn

    3.85 miles

  • Travel Inn Motel

    3.92 miles

  • Fullerton Hotel

    4.02 miles

  • Irving Hotel - SRO

    4.03 miles

  • Shamrock Motel

    4.17 miles

  • Super 8 by Wyndham Chicago Northlake O'Hare South

    4.36 miles

  • Lido Motel

    4.37 miles

  • Comfort Suites Chicago O'Hare Airport

    4.43 miles

  • Fresh Thyme

    0.63 miles

  • Del Rancho Market

    1.04 miles

  • Angelo Caputo's Fresh Markets

    1.12 miles

  • Ross

    1.19 miles

  • Gordon Food Service

    1.21 miles

  • dd's Discounts

    1.29 miles

  • ALDI

    1.31 miles

  • Farmers Best Market

    1.33 miles

  • Trader Joe's

    1.33 miles

  • Marshalls

    1.36 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Albert M. Lindeman

SVN | Chicago Commercial