Retail Space with
For Sale
Contact for pricing
8828 Ogden Ave, Brookfield, IL
Retail space with apartments and parking in Brookfield, Illinois.
Property Size3,660 SF
Lot Size0.12 Acres
Price / SF$184.43
Days on Market436
Property Features for 8828 Ogden Ave
General Information
Standard status
Active
Size
3,660 SF
Lot size
0.12 Acres
Property subtype
RETAIL
Listing Agency:
Triton Realty Group, LLC
(312) 929-1585
Listed By:
Clark Patterson
(312) 929-1585
Source:
Moodyscre
Added: May 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 7:01AM
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 Triton Realty Group, LLC
Investment Insights
Based on property information with market context.
This property features a large front retail space of 2,000 square feet. In the rear, there are two apartments or offices comprising 1,600 square feet. The property includes four private parking spaces. It offers great street exposure with a new retail glass facade and doors. The property is located in Brookfield, Illinois.
Key Highlights
- Large front retail space (2,000 sq ft)
- Two apartments or offices in rear (1,600 sq ft)
- Four private parking spaces
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.1k | $21.60 |
| − Vacancy | −$6.5k | −$1.77 |
| EGI | $72.6k | $19.83 |
| − OpEx | −$21.8k | −$5.95 |
| NOI | $50.8k | $13.88 |
3,660 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$725.7K
$635.0K – $846.7K
NOI $50,801 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$606.6K
$530.7K – $707.7K
NOI $42,459 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M
NOI $88,454 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,467
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with apartments and parking in Brookfield, Illinois.
Where is this retail space located?
The property is located at 8828 Ogden Ave Brookfield, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Large front retail space (2,000 sq ft); Two apartments or offices in rear (1,600 sq ft); Four private parking spaces
