Main Street Commercial Properties For
For Sale
$850,000
619 S Main St, Lombard, IL 60148
Two contiguous commercial properties on Main Street in Lombard, Illinois.
Property Size3,416 SF
Lot Size0.58 Acres
Price / SF$248.83
Days on Market279
Property Features for 619 S Main St
General Information
Standard status
Active
Size
3,416 SF
Lot size
0.58 Acres
Taxes and HOA fees
Annual Taxes
$4,500
Listing Agency:
coldwell banker realty
(630) 954-4600
Listed By:
Rocco Zaccaro · License #475179214
(630) 954-4600
Source:
Exprealty
Added: Nov 14, 2025
Changed: Aug 14
Last Checked: Aug 20 at 10:03AM
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.
Two contiguous commercial properties at 613 S Main Street and 619 S Main Street in Lombard, IL, are available. The combined properties offer a versatile layout on a high-traffic section of Main Street. 613 S Main Street is a recently remodeled single-story building with approximately 2,408 square feet, featuring an open floor plan, a private office/conference room, a media room, and a kitchenette. It includes two full bathrooms (one with a shower), is ADA compliant, and has a double rear door for deliveries, plus access to a grassy yard area. A dedicated, paved parking lot offers approximately 9-10 spaces. 619 S Main Street is a single-story building with approximately 1,008 square feet, featuring an open office floor plan, a kitchen, and basement storage/additional office space. It is ADA accessible with a rear wheelchair ramp and ample paved parking with approximately 10 spaces. The location on S Main Street is near the Lombard Metra Station (Union Pacific West line) and offers access to regional highways. The properties total approximately 0.58 acres (approximately 25,265 SF) within the B-2 commercial zoning district. The B-2 General Neighborhood Shopping District zoning permits a range of uses, including office, retail, medical, dental, daycare, and personal services (subject to village approval). The properties are configured as professional office/retail space.
Key Highlights
- Prime Main Street location with high traffic exposure.
- Two contiguous parcels totaling approximately 0.58 acres with development potential.
- Highly versatile B‑2 zoning permits a wide range of uses (Office, Retail, Medical, etc.).
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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Two contiguous commercial properties on Main Street in Lombard, Illinois.
Where is this office units located?
The property is located at 619 S Main St 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: Prime Main Street location with high traffic exposure.; Two contiguous parcels totaling approximately 0.58 acres with development potential.; Highly versatile B‑2 zoning permits a wide range of uses (Office, Retail, Medical, etc.).
