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    6320 Ogden Ave Berwyn, IL 60402

    Sponsored
    For Sale
    $525,000

    High-traffic corner lot, versatile space.

    Property size:
    7,570 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 7,570-square-foot mixed-use commercial property is located at 6320 Ogden Avenue in Berwyn, Illinois. Its prime corner lot position on a busy street ensures high visibility, with over 10,000 cars passing daily, providing excellent exposure for any business. The building features two overhead doors, ideal for loading and unloading, and ample parking for fifteen vehicles, both inside and outside. A storefront adds to the property's appeal and functionality. Currently, a portion of the space is leased on a month-to-month basis, while approximately 4,000 square feet is owner-occupied. The property benefits from a recently installed newer roof, minimizing maintenance concerns and offering long-term cost savings. This versatile space presents a significant opportunity for a variety of commercial uses, capitalizing on its high-traffic location and existing infrastructure. The combination of high visibility, ample parking, and a recently updated roof makes this a compelling investment in Berwyn's thriving commercial market. This property is priced at $525,000.

    Property Features for 6320 Ogden Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    7,570 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berwyn
    County
    Cook
    State
    Illinois
    Longitude
    -87.78152
    Latitude
    41.83078

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic corner lot, versatile space.
    Where is this mixed-use property located?
    The property is located at 6320 Ogden Ave Berwyn, IL.
    What is the asking price?
    The asking price for this property is $525,000.
    (708) 484-2300
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    6320 Ogden Ave Berwyn, IL 60402
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    Berwyn, IL 60402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6320 Ogden Ave Berwyn, IL 60402
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