6320 Ogden Ave Berwyn, IL 60402-3992
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.