End-Cap Retail
For Sale
Contact for pricing
6969 Ogden Avenue, Berwyn, IL 60402
A strip-center suite fronts Ogden Avenue in a commercial corridor with access to Chicago and nearby suburbs.
Property Size3,100 SF
Price / SF$0.00
Days on Market15
Property Features for 6969 Ogden Avenue
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Commercial
Building Details
Year Built
1978
Listing Agency:
@properties Christies International Real Estate
(847) 692-5522
Listed By:
Christopher Demos · License #475135317
(847) 707-1456
Source:
Helenoliveri
Added: Oct 15
Changed: Oct 28
Last Checked: Oct 28 at 4:05PM
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 @properties Christies International Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,100-square-foot end-cap retail suite is part of an established strip center built in 1978. Its position at the end of the center provides a distinct retail configuration along Ogden Avenue.
The property sits on a commercial corridor with traffic counts exceeding 22,000 vehicles per day. Businesses, restaurants, and retailers are established in the surrounding area, and the site provides access to Chicago and nearby suburbs.
The property sits on a commercial corridor with traffic counts exceeding 22,000 vehicles per day. Businesses, restaurants, and retailers are established in the surrounding area, and the site provides access to Chicago and nearby suburbs.
Key Highlights
- 3,100 SF end‑cap suite in an established strip center
- Ogden Avenue location in Berwyn, Illinois
- Traffic counts exceed 22,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,028
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,560
$860.6K
Cap Rate 7%
$614,686
$614.7K
Cap Rate 9%
$478,089
$478.1K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$67.0K $21.60/SF
− Vacancy
−$5.5K −$1.77/SF
EGI
$61.5K $19.83/SF
− OpEx
−$18.4K −$5.95/SF
NOI
$43.0K $13.88/SF
Area
Cook 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%
$860,560
Cap Rate 7%
$614,686
Cap Rate 9%
$478,089
Alternative Uses
Best Use
Retail
$614.7K
$537.9K – $717.1K
NOI $43,028 @ 7.0% cap · market cap 358,566.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$936.5K – $1.25M
NOI $74,920 @ 7.0% cap · market cap 624,333.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,866
Businesses Nearby
155k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 40%
Electronics 2%
McDonald's
Dining
39,211 visits/mo
0.2 miles
Chase Bank
Shops & Services
20,392 visits/mo
0.1 miles
Starbucks
Dining
19,344 visits/mo
0.3 miles
White Castle
Dining
13,107 visits/mo
0.4 miles
Shell
Shops & Services
11,591 visits/mo
0.5 miles
Demographics for 60402, IL
64,706
Population
25,111
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
85%
High-School Grad
5.7 sq mi
ZIP Area
11,352
Density / Sq Mi
$73,993
Median Household Income
$42,802
Median Earnings
$1,168
Median Rent
$277,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A strip-center suite fronts Ogden Avenue in a commercial corridor with access to Chicago and nearby suburbs.
Where is this retail space located?
The property is located at 6969 Ogden Avenue Berwyn, IL.
What are key features of this property?
This property features: 3,100 SF end‑cap suite in an established strip center; Ogden Avenue location in Berwyn, Illinois; Traffic counts exceed 22,000 vehicles per day
