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$600,000 Just Listed
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Property Description
** ATTENTION COMMERCIAL / RETAIL INVESTORS ** This property consists of two renovated adjoining storefronts, each leased to long-term tenants, a Chiropractor and a Fitness Studio, in the charming village of River Forest, bordering Elmwood Park. Offering strong visibility along busy North Avenue (IL-64), which carries roughly 30,000 vehicles per day, the building includes the +/-2,200 SF unit at 7361 and the +/-1,000 SF space at 7363, forming a single-story retail/commercial structure on a 50'x118' 5,900 SF lot with an 8 car parking lot zoned R1. Located in an immediate western Chicago suburb, the asset is ideal for continued retail, service, office, or owner-operator use.
Full Property Details
Full Property Details for 7361 North Ave
General
- Price: $600,000
- Taxes: $25,218 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12531607
- Updated: 2/25/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: River Forest
- County: Cook
- Township: River Forest
- Driving Directions: Eisenhower Exit Harlem Ave North. Turn left on North ave going west and just a few blocks down on south side of the street. River Forest side, the north side is E.P.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 3,200
- Year Built: 1953
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 5,900
- Lot Dimensions: 50 x 118
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assoc Fee Freq.: Annually
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1953
- Tax Amount: $25,218
- Tax Year: 2023
Disclosures and Reports
- Property ID: 15012030080000
Listed by Parkvue Realty Corporation
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Schools
Schools serving 7361 North Ave
School Districts:River Forest School District 90, Oak Park and River Forest District 200
| Name | Grades | Distance |
|---|---|---|
Willard Elementary School, River Forest, IL 1250 Ashland Avenue, River Forest, IL 60305 | PK-4 | 0.5 mi |
Roosevelt School 7560 Oak Avenue, River Forest, IL 60305 | 5-8 | 1.1 mi |
Oak Park & River Forest High School 201 North Scoville Avenue, Oak Park, IL 60302 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7361 North Ave
Date
Details
Price
Change
Source
2/24/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7361 North Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,609
3%
$46,059
22%
2022
$12,198
22%
$37,775
17%
2021
$10,004
-13%
$32,167
-15%
2020
$11,479
-8%
$37,775
-6%
2019
$12,541
6%
$40,399
—
2018
$11,873
—
$40,399
—
2017
$11,830
-13%
$40,399
-5%
2016
$13,639
2%
$42,397
—
2015
$13,399
9%
$42,397
—
2014
$12,273
22%
$42,397
19%
2013
$10,057
-11%
$35,643
-10%
2012
$11,351
—
$39,578
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7361 North Ave
7361 North Avenue, River Forest, IL 60305 (MLS# 12531607) is a Commercial property. 7361 North Avenue is currently listed for $600,000 and was received on February 24, 2026. Want to learn more about 7361 North Avenue? Do you have questions about finding other Commercial real estate for sale in River Forest? You can browse all River Forest real estate or contact a Coldwell Banker agent to request more information.

