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    1227 Ogden Ave Downers Grove, IL 60515

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    For Sale
    $799,000

    1,852 SF retail property in Downers Grove, Illinois for sale.

    Property size:
    1,852 SF
    Lot size:
    0.08 Acres

    Property Features for 1227 Ogden Ave

    General Information

    Size
    1,852 SF
    Lot size
    0.08 Acres

    Source: Lagestee-Mulder (LM) Agent Martha Winter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property Near I-88/I-355

    This is a 1,852 square foot retail property available for sale. The property is a renovated, freestanding building with a pylon sign. It is located near the I-88, I-355, and Ogden Avenue interchange. The building accommodates two tenants and has parking space for 12 vehicles.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pepper's Pet Grooming Pet Groomer Cutting Edge Salon Beauty Salon

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Downers Grove
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0161397
    Latitude
    41.8080661

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    FAQs

    What type of property is this?
    Retail space - 1,852 SF retail property in Downers Grove, Illinois for sale.
    Where is this retail space located?
    The property is located at 1227 Ogden Ave Downers Grove, IL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Located by I-88/I-355/Ogden Avenue Interchange; - Renovated freestanding building; - Approximately 1,852 SF of Retail Property Available for Sale
    (224) 523-9174
    Request Owner's contact information
    1227 Ogden Ave Downers Grove, IL 60515
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    Downers Grove, IL 60515
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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
    1227 Ogden Ave Downers Grove, IL 60515
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