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8847 Ogden Ave Brookfield, IL 60513

Sponsored
For Sale
$509,500

Brookfield, IL Mixed-Use Investment Opportunity

Property size:
4,482 SF

Description

Added:
Feb 3, 2025
Days on Market:
339
This meticulously maintained 4,482 sq ft brick building in Brookfield, IL, sits on a prominent corner of historic Route 66. Built in 1920, it boasts a blend of commercial and residential space. The ground floor features a 1,250 sq ft hair salon, fully remodeled in 2015 with new flooring, lighting, HVAC, and electrical. Currently leased until April 2025, with the tenant expressing interest in renewal. The upper level includes a two-bedroom residential apartment occupied by the owner, featuring a living room, dining room, kitchen with oak cabinets and laminate countertops, a full bath, and laundry room. Additional living space above the salon includes a living room, kitchenette, and a 3/4 bath. A 630 sq ft unfinished space above the garage offers expansion potential, accessible via an enclosed rear porch. An attached heated six-car garage with 220 electrical service provides further income potential. Recent upgrades include new windows (two years ago), storefront window upgrades (2023), and tuckpointing (two years ago). A large, unfinished basement offers ample storage. This property presents a unique investment opportunity with stable rental income and significant expansion possibilities. The owner's retirement and out-of-state relocation create a compelling opportunity for a new owner.

Property Features for 8847 Ogden Ave

General Information

Property type
Other commercial real estate
Square Feet
4,482 SF

Building Details

Year Built
1920

Property Profile Location Intelligence

Current Use by Public Records

VEME-hair & makeup salon Hair Salon Eva Hair Salon Beauty Salon

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Brookfield
County
Cook
State
Illinois
Longitude
-87.84294
Latitude
41.81632

FAQs

What type of property is this?
Commercial real estate - Brookfield, IL Mixed-Use Investment Opportunity
Where is this commercial real estate located?
The property is located at 8847 Ogden Ave Brookfield, IL.
What is the asking price?
The asking price for this property is $509,500.
More about this property
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