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Corner Commercial Land Parcel
For Sale
$1,300,000
Pending

1219 Ogden Avenue, Downers Grove, IL 60515

Corner commercial site with alley access and an office building available for use.

Property SizeContact for details
Days on Market983

Property Features for 1219 Ogden Avenue

General Information

Standard status Pending
Property subtype Land
Zoning COMMR

Taxes and HOA fees

Annual Taxes $12,561
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Maureen Flavin · License #475176698
Source: Compass
Added: Dec 26, 2023 Changed: Aug 29 Last Checked: Aug 29 at 1:10PM

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 Berkshire Hathaway HomeServices Chicago

Investment Insights

Based on property information with market context.

This commercial land parcel occupies a corner position on Ogden Avenue and includes an office building available for use. Alley access adds a secondary point of entry to the site. The property is identified for redevelopment and carries COMMR zoning, providing a defined commercial land-use designation. Its existing building and corner configuration create two distinct components for evaluating future plans: an improved structure and a redevelopment parcel.

Key Highlights

  • Corner parcel on Ogden Avenue
  • Alley access
  • Office building available for use

Property Analytics

Current Use

Harke Insurance Agency Insurance Agency Homes for Sale in Downers ... Real Estate Agency RE/MAX Enterprises Real Estate Agency Karen Reicher Real Estate Agency Marge Pawlak Real Estate Agency

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Bakery Nail Salon Hotel & Motel (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

Demographics for 60515, IL

29,278
Population
12,443
Households
2.4
Avg Household Size
43
Median Age
61%
College-Educated
98%
High-School Grad
11.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$121,358
Median Household Income
$69,341
Median Earnings
$1,563
Median Rent
$453,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial site with alley access and an office building available for use.
Where is this commercial land located?
The property is located at 1219 Ogden Avenue Downers Grove, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Corner parcel on Ogden Avenue; Alley access; Office building available for use
More about this property
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