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    800 Ogden Ave Lisle, IL 60532

    For Sale
    $1,850,000

    1.5-Acre Development Site, Ogden Ave

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 65,340 square foot commercial land parcel presents a unique investment opportunity in Lisle, Illinois. Located on the highly visible Ogden Avenue, this property boasts a coveted "C" zoning designation, allowing for a wide range of commercial uses, including office, retail, and mixed-use developments. The site's strategic location offers unparalleled access and visibility, with three sides exposed to high traffic volume, averaging between 22,500 and 32,000 vehicles per day. Its proximity to major interstates I-355 and I-88 ensures excellent connectivity and accessibility for both businesses and customers. The property consists of four contiguous lots (APN: 08-02-310-019, 08-02-310-020, 08-02-310-021, 08-02-310-022), totaling 1.5 acres, providing ample space for a substantial development project. This prime location within the thriving DuPage County market, coupled with the flexible zoning and high traffic counts, makes this an ideal investment for developers seeking to capitalize on the robust consumer base and strong economic activity in the area. The asking price for this exceptional development site is $1,850,000. This opportunity is perfect for those seeking to establish a new commercial venture or expand an existing one in a high-demand location.

    Property Features for 800 Ogden Ave

    General Information

    Property type
    Multifamily properties

    HighLights

    • C‑zoned for diverse commercial uses.
    • Prime Ogden Avenue location.
    • 1.5‑acre site.
    • Exceptional site for various commercial developments.
    • High visibility with three‑sided road frontage.
    • Excellent traffic counts: 22,500‑32,000 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Suburban Diagnostics Medical Laboratory Los Tarasco Complete ... Landscaper

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lisle
    County
    DuPage
    State
    Illinois
    Longitude
    -88.06730777628
    Latitude
    41.802046828971

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    FAQs

    What type of property is this?
    Multifamily property - 1.5-Acre Development Site, Ogden Ave
    Where is this multifamily property located?
    The property is located at 800 Ogden Ave Lisle, IL.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: C-zoned for diverse commercial uses.; Prime Ogden Avenue location.; 1.5-acre site.
    Request Owner's contact information
    800 Ogden Ave Lisle, IL 60532
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    800 Ogden Ave Lisle, IL 60532
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