7025 Ogden Avenue, Berwyn, IL 60402
Retail or restaurant opportunity with parking on Ogden Avenue.
- Added:
- Sep 10, 2024
- Days on Market:
- 664
- Last Refresh:
- May 13 at 8:13 pm
Property Features for 7025 Ogden Avenue
General Information
- Standard status
- Active
- Size
- 4,504 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1931
Listing office Compass Real Estate (630) 974-6750
Listing date Sep 10, 2024
Source Xome
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 Compass Real Estate
HighLights
- Prime location on Ogden Ave (US Route 66) with high visibility
- 21 parking spaces, offering ample customer parking
- Potential for retail, restaurant, or drive‑thru business
- Located near high‑traffic businesses (McDonald's, Dunkin Donuts)
- Meticulously maintained building
- Central Air conditioning
Overview
Local Financial Insights For Specialty 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 | $108.1k | $24.00 |
| − Vacancy | −$7.6k | −$1.68 |
| EGI | $100.5k | $22.32 |
| − OpEx | −$25.1k | −$5.58 |
| NOI | $75.4k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Berwyn
- County
- Cook
- State
- Illinois
- Longitude
- -87.7884
- Latitude
- 41.8314
