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Standalone Storefront Building
For Sale
$750,000

230 S Main St, Lombard, IL 60148

B-3-zoned standalone building with shell space, on-site parking, and access to nearby public transportation.

Property Size3,312 SF
Price / SF$226.45
Days on Market72

Property Features for 230 S Main St

General Information

Standard status Active
Size 3,312 SF
Total Parking Spaces 13
Zoning B-3

Building Details

Year Built 1972
Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Moin Haque, Eabad Haque · License #475183522
Source: Liveliferealty
Added: Aug 6 Changed: Oct 14 Last Checked: Oct 7 at 2:27PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This standalone storefront building at 230 S Main St provides 3,312 square feet of shell space for a customizable commercial layout. Constructed in 1972, the property carries B-3 zoning and includes 13 on-site parking spaces.

The building is positioned at an intersection recording 38,373 vehicles per day, supporting strong exposure for business signage. Public transportation is nearby, adding an additional access option for customers and employees. Its shell condition allows occupants to plan the interior around their operational requirements.

Key Highlights

  • 3,312 square feet of shell space
  • B‑3 zoning designation
  • Standalone building constructed in 1972

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,971
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,420 $919.4K
Cap Rate 7%
$656,729 $656.7K
Cap Rate 9%
$510,789 $510.8K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$71.5K $21.60/SF
− Vacancy
−$5.9K −$1.77/SF
EGI
$65.7K $19.83/SF
− OpEx
−$19.7K −$5.95/SF
NOI
$46.0K $13.88/SF
Area
DuPage County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,420
Cap Rate 7%
$656,729
Cap Rate 9%
$510,789

Alternative Uses

Best Use
Retail
$656.7K
$574.6K – $766.2K (±1% cap)
NOI $45,971 @ 7.0% cap · market cap 6.13%
Second Best
Office B
$652.4K
$570.8K – $761.1K (±1% cap)
NOI $45,667 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M (±1% cap)
NOI $80,044 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Auto Parts Store Nail Salon

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

811
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60148, IL

52,794
Population
21,744
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
3,826
Density / Sq Mi
$96,606
Median Household Income
$53,675
Median Earnings
$1,805
Median Rent
$328,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 Off Market Nearby

  • Bard Florist & Flower Delivery Lombard IL — 342 S Main St, Lombard, IL 60148
  • Potted Petals — Lombard, IL 60148
  • Diamond Flowers Boutique — 6 S Park Ave, Lombard, IL 60148

Frequently Asked Questions

What type of property is this?
Storefront property - B-3-zoned standalone building with shell space, on-site parking, and access to nearby public transportation.
Where is this storefront property located?
The property is located at 230 S Main St Lombard, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,312 square feet of shell space; B‑3 zoning designation; Standalone building constructed in 1972
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