Excellent location at 7311-7313 North Avenue in River Forest. New roof in 2020 and some new windows. A fantastic opportunity to purchase a free standing brick building with high traffic exposure. Two commercial spaces. Great parking. Easy to show. Lot size is 37' x 109'. 7311 has a busy cleaner's business.
Rare opportunity for commercial investment in beautiful River Forest! Currently a two-story mixed-use building with multiple offices and apartment. Property is located in a "tax increment financing (TIF) district" with possible benefits for pre-existing buildings and new development. The Village of River Forest "will evaluate development proposals on a case-by-case basis using their planned development review process and independent Development Review Board (DRB) of volunteer residents." Please contact the Village of River Forest for further information regarding what may or may not be built on this highly visible block. Building being sold in "As Is" condition. Agent-owned property.
The median home value in River Forest, IL is $637,500. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in River Forest, IL is $637,500. Approximately 84.19% of River Forest homes are owned, compared to 10.05% rented, while 5.77% are vacant. River Forest real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a River Forest real estate agent to arrange a tour today!
River Forest, Illinois has a population of 11,742. River Forest is more family-centric than the surrounding county with 44.14% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in River Forest, Illinois is $129,263. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in River Forest is 40.6 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 38.3 inches per year, with 37.2 inches of snow per year.