Building Details

Year Built 1927

Buildings 1

Stories 2

Building Size 2,500 SF

Listing Agency: M Property Group LLC

Listed By: Marisa Rohrer (630) 846-0133 · License #471021730 Show Phone

Source: Searchillinoishomesforsale

Added: Aug 6 Changed: Oct 25 Last Checked: Oct 28 at 8:54AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M Property Group LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 2,500 SF, two-story commercial building was constructed in 1927 and has received extensive interior improvements, including updated electrical, plumbing, flooring, walls, and ceilings. The first floor includes a partially completed quick-service restaurant build-out, while the finished second floor provides office and meeting space. A new outdoor deck and large parking lot add functional support for the property’s current configuration.

Positioned on Route 53 in the Lisle Business District, the property is across from a bowling alley and within a short walk of the Metra train station. B-3 zoning supports a range of stated uses, including a bar, restaurant, cafe, retail shop, office, salon, or pet salon. The property also offers access to I-88 and I-355.

Key Highlights

• 2,500 SF two‑story commercial building on Route 53
• B‑3 zoning supports restaurant, bar, cafe, retail, office, salon, and pet salon uses
• Partially completed quick‑service restaurant build‑out on the first floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,471

Cap Rate

8.64%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$689,420 $689.4K

Cap Rate 7%

$492,443 $492.4K

Cap Rate 9%

$383,011 $383.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,500 SF

Gross rent

$61.2K $24.48/SF

− Vacancy

−$15.2K −$6.10/SF

EGI

$46.0K $18.38/SF

− OpEx

−$11.5K −$4.60/SF

NOI

$34.5K $13.79/SF

Area

DuPage County, IL

Vacancy

24.90%

Lease Rate

$24.48 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$689,420

Cap Rate 7%

$492,443

Cap Rate 9%

$383,011

Alternative Uses

Best Use

Specialty Retail

$597.9K

$523.1K – $697.5K (±1% cap)

NOI $41,850 @ 7.0% cap · market cap 10.49%

Second Best

Office B

$492.4K

$430.9K – $574.5K (±1% cap)

NOI $34,471 @ 7.0% cap · market cap 8.64%

Theoretical Best

Office A

$863.1K

$755.3K – $1.01M (±1% cap)

NOI $60,420 @ 7.0% cap · market cap 15.14%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

ATM Atm

Suggested Use

Top Pick Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Office units

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

879

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 60532, IL

28,766

Population

13,203

Households

2.2

Avg Household Size

39

Median Age

59%

College-Educated

98%

High-School Grad

8.5 sq mi

ZIP Area

3,384

Density / Sq Mi

$100,373

Median Household Income

$64,114

Median Earnings

$1,576

Median Rent

$387,800

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Similar For Sale Nearby

See more

Medical Office Suite with Private Access

2009 Warrenville Rd, Lisle, IL 60532

Contact for pricing

2,756 SF

View details

Office Condo with Loading Dock

5400 Patton Drive, Lisle, IL 60532

$650,000

5,300 SF

View details

Mid-Century Office Building

1700 Ogden Ave, Lisle, IL 60532

$299,900

2,400 SF

View details

Auto Body Shop

1112 Lisle Pl, Lisle, IL 60532

$399,900

4,500 SF

View details

Auto Repair Shop with Equipment

1801 Ogden Avenue, Lisle, IL 60532

$1,190,000

View details

Mixed-Use Building with Apartments

1616 Ogden Ave, Lisle, IL 60532

$649,900

4,830 SF

View details

Updated Condo in Four Lakes

5902 Forest View Road #2D, Lisle, IL 60532

$240,000

View details

Spacious Corner Unit with Garage

4721 Saint Joseph Creek Road #4A, Lisle, IL 60532

$180,000

1,181 SF

View details

Office Building with Central Air

1904 Ogden Ave, Lisle, IL 60532

$2,799,000

4,825 SF

View details

Flex Space with Heated Warehouse

1715 Ogden Avenue, Lisle, IL 60532

Contact for pricing

9,506 SF

View details

Office Building

4970 Varsity Dr, Lisle, IL 60532

$3,500,000

View details

Retail Property Near Lisle Metra

4755 Main St |, Lisle, IL 60532

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Conventional restaurant - B-3 zoning supports restaurant, retail, office, salon, and other stated business uses.

Where is this conventional restaurant located?

The property is located at 1209 Lisle Pl Lisle, IL.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: 2,500 SF two‑story commercial building on Route 53; B‑3 zoning supports restaurant, bar, cafe, retail, office, salon, and pet salon uses; Partially completed quick‑service restaurant build‑out on the first floor