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Investment Highlights
- Existing H&R Block lease provides in-place income.
- Located within the mixed-use Cameo Towers development.
- Twelve deeded garage parking spaces included.
- Portfolio includes six commercial condominium units.
- Strong visibility along North Avenue with exterior signage.
- Surrounded by national retailers, restaurants, and services.
Executive Summary
This portfolio of commercial condominium units within Cameo Towers presents an opportunity to acquire a mixed office and retail investment in Elmwood Park. The offering includes three commercial units totaling 7,970 square feet, with a combination of occupied and available space that provides both current income and future leasing or owner-user potential. An existing lease with H&R Block generates in-place revenue, while vacant units offer flexibility for occupancy, repositioning, or additional tenant leasing.
Located along North Avenue near Harlem Avenue, the property benefits from strong visibility, exterior signage opportunities, and daily traffic counts exceeding 34,000 vehicles. Cameo Towers is a mixed-use development featuring 178 residential apartments and 20 commercial units, creating a built-in customer and employee base. The surrounding area includes national retailers, restaurants, and neighborhood services, while downtown Chicago is approximately 13 miles away. The combination of existing cash flow, available space, parking, and a prominent commercial location supports a variety of investment and owner-user strategies.
Located along North Avenue near Harlem Avenue, the property benefits from strong visibility, exterior signage opportunities, and daily traffic counts exceeding 34,000 vehicles. Cameo Towers is a mixed-use development featuring 178 residential apartments and 20 commercial units, creating a built-in customer and employee base. The surrounding area includes national retailers, restaurants, and neighborhood services, while downtown Chicago is approximately 13 miles away. The combination of existing cash flow, available space, parking, and a prominent commercial location supports a variety of investment and owner-user strategies.
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 7,970 SF |
| Number of Properties | 3 |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 7,970 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Cameo Towers-Bldg 1
7234 W North Ave, 1st Floor - Unit 101/102/103, Elmwood Park, IL 60707 |
Office/Retail Condo | 4,100 SF | 1964 | - |
|
Cameo Towers-Bldg 1
7234 W North Ave, 1st Floor - Unit 105/107, Elmwood Park, IL 60707 |
Office/Retail Condo | 3,300 SF | 1964 | - |
|
Cameo Towers-Bldg 1
7234 W North Ave, 2nd Floor - Unit 207, Elmwood Park, IL 60707 |
Office/Retail Condo | 570 SF | 1964 | - |
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Office/Retail condos totaling 7,970 SF
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