Contiguous Office and Retail
For Sale
$850,000
613 S Main Street, Lombard, IL 60148
Two contiguous, single-story office/retail buildings with ADA access and dedicated paved parking.
Property Size2,409 SF
Lot Size0.58 Acres
Price / SF$248.83
Days on Market283
Property Features for 613 S Main Street
General Information
Standard status
Active
Size
2,409 SF
Total Parking Spaces
20
Lot size
0.58 Acres
Property subtype
Commercial
Zoning
COMMR
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,000
Building Details
Building Size
2,409 SF
Year Built
1968
Stories
1
Units
1
Listing Agency:
Coldwell Banker Realty
(630) 954-4600
Listed By:
Rocco Zaccaro · License #475179214
(630) 954-4600
Source:
Cavanaghrealty
Added: Nov 13, 2025
Changed: Aug 23
Last Checked: Aug 22 at 1:32PM
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
Investment Insights
Based on property information with market context.
This offering includes two contiguous single-story commercial properties configured for office and retail use. 613 S Main Street has been recently remodeled with an open floor plan, private office/conference room, media room, and kitchenette, along with two full bathrooms (one with a shower) and ADA compliance. The building also includes a double rear door for deliveries and access to a grassy yard area. 619 S Main Street offers an open office layout with a kitchen and basement storage/additional office space, with ADA accessibility provided via a rear wheelchair ramp.
Both properties sit on S Main Street, positioned near the Lombard Metra Station (Union Pacific West line) and providing easy access to regional highways serving the DuPage County and Chicagoland area. The surrounding area includes a mix of established retail and professional businesses, and the properties benefit from high daily traffic exposure.
Each building features paved parking (approximately 9–10 spaces for 613 S Main Street and approximately 10 spaces for 619 S Main Street). The combined parcels total approximately 0.58 acres and are located within the B-2 General Neighborhood Shopping District, a zoning category that permits a range of uses including Office, Retail, Medical, Dental, Daycare, and Personal Services, subject to village approval.
Both properties sit on S Main Street, positioned near the Lombard Metra Station (Union Pacific West line) and providing easy access to regional highways serving the DuPage County and Chicagoland area. The surrounding area includes a mix of established retail and professional businesses, and the properties benefit from high daily traffic exposure.
Each building features paved parking (approximately 9–10 spaces for 613 S Main Street and approximately 10 spaces for 619 S Main Street). The combined parcels total approximately 0.58 acres and are located within the B-2 General Neighborhood Shopping District, a zoning category that permits a range of uses including Office, Retail, Medical, Dental, Daycare, and Personal Services, subject to village approval.
Key Highlights
- Two contiguous single‑story commercial buildings at 613 S Main Street and 619 S Main Street in Lombard, IL
- 613 S Main Street: ~2,408 SF recently remodeled open layout with private office/conference room, media room, kitchenette, and 2 full bathrooms
- ADA features and access: 613 has ADA compliant setup and double rear door for deliveries; 619 includes ADA accessible rear wheelchair ramp
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,415
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$948,300
$948.3K
Cap Rate 7%
$677,357
$677.4K
Cap Rate 9%
$526,833
$526.8K
Market Conditions
NOI Build-Up for 3,416 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$73.8K $21.60/SF
− Vacancy
−$6.1K −$1.77/SF
EGI
$67.7K $19.83/SF
− OpEx
−$20.3K −$5.95/SF
NOI
$47.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$948,300
Cap Rate 7%
$677,357
Cap Rate 9%
$526,833
Alternative Uses
Best Use
Retail
$677.4K
$592.7K – $790.3K
NOI $47,415 @ 7.0% cap · market cap 5.58%
Second Best
Office B
$672.9K
$588.8K – $785.0K
NOI $47,101 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,557 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two contiguous, single-story office/retail buildings with ADA access and dedicated paved parking.
Where is this office units located?
The property is located at 613 S Main Street Lombard, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two contiguous single‑story commercial buildings at 613 S Main Street and 619 S Main Street in Lombard, IL; 613 S Main Street: ~2,408 SF recently remodeled open layout with private office/conference room, media room, kitchenette, and 2 full bathrooms; ADA features and access: 613 has ADA compliant setup and double rear door for deliveries; 619 includes ADA accessible rear wheelchair ramp
