River Forest IL Commercial for Sale

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Type:
Other
Sq.Ft.:
900
Status:
NEW LISTING
Beds:
n/a
Year built:
1957
Baths:
MLS#:
12212716

ADDITIONAL INFORMATION

Rare opportunity to own a small commercial building in upcoming new development area of River Forest. High traffic location, currently used as a hair salon although many other potential uses. Potential uses may include professional office, medical or other. Newer roof, updated electric and central air. Building has no basement. Rear outside private parking for 3 cars. Great convenient location to many restaurants and downtown Forest Park.

Type:
Other
Sq.Ft.:
2,400
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
12092601

ADDITIONAL INFORMATION

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.

Type:
Mixed Use
Sq.Ft.:
2,448
Status:
Active
Beds:
n/a
Year built:
1925
Baths:
MLS#:
12012221

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
3,600
Status:
Active
Beds:
n/a
Year built:
1980
Baths:
MLS#:
11992039

ADDITIONAL INFORMATION

3600 SF medical office for sale. 50% leased. Two 1800 SF suites. 7321 is leased to a medical spa until July 1, 2025, with two 3 year renewal options. 8325 sf land. 12' clear height. Parking for 16 cars: 8 in front and 8 in rear. C1 / Commercial zoning. Modern, independently-controlled HVAC systems. Water is hooked up throughout the building, including in most exam rooms. 7319 has waiting room, reception / staff area, 4 exam rooms, conference room, 35,000 vehicles per day drive by. Average annual household income is $130,000. Sale price $675,000.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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River Forest Real Estate

The median home value in River Forest, IL is $592,000. 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 $592,000. 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.

River Forest Weather

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.

River Forest Real Estate Market Conditions

  • Median sales price

    $592,000
    10.6% change since last quarter
  • # Active listings

    43
    30-day change

River Forest Schools and Demographics

Education near River Forest, IL

Metric City County
High School Graduates 98.31 87.97
College Degree - 2 year 3.28 6.73
College Degree - 4 year 79.66 40.75
Graduate Degree 26.27 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near River Forest, IL

School Grades Students P/T Ratio ZIP
Betsy Ross Elementary School KG - 02 153 10.2 60130
Early Childhood Center PK - KG 221 17.9 60707
Elmwood Elementary School 01 - 06 592 13.4 60707
Emerson Elementary School PK - 05 491 16.8 60153
Field Stevenson Elementary School 03 - 05 142 7.9 60130
Garfield Elementary School KG - 05 455 18.5 60153
Garfield Elementary School PK - 02 135 8.4 60130
Grant-White Elementary School 03 - 05 79 7.9 60130
Horace Mann Elementary School KG - 05 477 14.9 60302
John Mills Elementary School 01 - 06 650 14.7 60707
Lincoln Elementary School PK - 05 681 19.4 60153
Lincoln Elementary School PK - 04 383 14.4 60305
Oliver W Holmes Elementary School PK - 05 514 15.1 60302
Sayre Elementary Language Academy PK - 08 529 18.1 60707
Washington Elementary School PK - 01 73 12.4 60153
Whittier Elementary School PK - 05 432 11.4 60302
Willard Elementary School PK - 04 311 11.4 60305
William BEYE Elementary School KG - 05 406 12.7 60302
William Hatch Elementary School PK - 05 327 13.3 60302

Middle Schools near River Forest, IL

School Grades Students P/T Ratio ZIP
Elm Middle School 07 - 08 402 13.1 60707
Forest Park Middle School 06 - 08 262 8.4 60130
Gwendolyn Brooks Middle School 06 - 08 944 15.1 60302
Irving Elementary School 06 - 08 682 16.1 60153
Lexington Elementary School PK - 08 288 18.6 60153
Percy Julian Middle School 06 - 08 959 15.2 60302
Roosevelt School 05 - 08 655 12 60305

High Schools near River Forest, IL

School Grades Students P/T Ratio ZIP
Elmwood Park High School 09 - 12 969 16.1 60707
Oak Park & River Forest High School 09 - 12 3,232 15 60302
Proviso East High School 09 - 12 1,623 23.2 60153
Proviso Math and Science Academy 09 - 12 751 20.3 60130

Ungraded Schools near River Forest, IL

School Grades Students P/T Ratio ZIP
* ALOP Academic Learning Program 09 - 12 0 60302
* Proviso THSD 209 Dream School 10 - 12 14 7 60130
PAEC Alternative High School 09 - 10 84 5.6 60153
Proviso Area Except Child Center 01 - 12 182 7.6 60153

Demographics near River Forest, IL

Metric City County
Neighborhood Type Suburban
Population 11,742 5,265,398
Population Density 4,735 5,572
Median Age 40.6 37.3
People per Household 2.4 2.5
Median Household Income 129,263 72,121
Average Income per Capita 81,053 41,706