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Property profile & analytics

103 Ogden Ave Clarendon Hills, IL 60514-1027

  • Commercial real estate
  • 3,497 SF
  • 0.28 lot acres
OFF-MARKET
Last Sale
Jun 30, 2021
$645,000
Value Estimations
$775,000
Show details
Cap Rate Potential
7.6%
Commercial real estate
Location Intelligence
Property ID
US28-5880224
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 103 Ogden Ave

Year built
2008
Lot size
0.28 lot acres
Property size
3,497 SF
Zone code
C
Property type
Commercial real estate
APN
09-02-305-006
APU
902305006

Description

This exceptional investment opportunity presents a fully leased, Class B office building located at 103 W. Ogden Ave, Clarendon Hills, IL 60514. The property boasts a total of 3,500 square feet of net rentable space, spread across two buildings and two stories, currently operating at 100% occupancy. Built in 2008 and extensively renovated in 2023, this property offers modern amenities and a desirable location. The building is zoned L-O and sits on a 0.3-acre lot. The asking price is $975,000, translating to a price per square foot of $278.57. The property is suitable for a variety of office uses, including executive, medical, and traditional office spaces, making it a versatile and attractive investment. The gross lease structure simplifies management, and the multi-tenancy provides a diversified income stream. This prime location in Clarendon Hills, DuPage County, Illinois offers excellent visibility and accessibility. This is a rare opportunity to acquire a fully leased, high-performing commercial property in a thriving market. The recent renovations ensure long-term value and minimize immediate capital expenditure needs. The strong tenant occupancy and favorable lease terms provide immediate cash flow and a secure return on investment. Don't miss this chance to add a high-quality asset to your portfolio.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $775,000
    ML approach
    $810,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $985,000
    6.5%
    $910,000
    7%
    $845,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $642,000
    Market price range: $428k - $1.14M
    AI Estimate
    $472,000
    Market price range: $281k - $738k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Clarendon Hills
County
Dupage
State
Illinois
Longitude
-87.9493
Latitude
41.8103
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,888
$78,820
$86,900
$165,720
-
$236,460
$260,700
$497,160
More about this property
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