626-630 Green Bay Rd, Kenilworth, IL 60043
This exceptional mixed-use property at 626-630 Green Bay Road in Kenilworth, Illinois, presents a compelling investment or owner-user opportunity. The 10,925 square foot building, constructed in 1961 and situated on a 9,017 square foot lot, boasts a desirable B- Business District zoning. The two-story structure offers a versatile layout currently configured as two ground-floor retail/office spaces and a second floor comprising three apartments and two loft offices. Recent renovations include new kitchens and bathrooms, enhancing the property's appeal. Onsite parking accommodates up to ten vehicles, a significant advantage in this location. The property's strong financial performance is reflected in its 6.44% cap rate and a pro-forma net operating income (NOI) of $125,587. The asking price is $1,950,000. This seven-unit building is ideally positioned in the heart of downtown Kenilworth, offering excellent visibility and accessibility. The existing configuration provides immediate income potential, while the property's zoning and location also present significant redevelopment possibilities for a discerning investor or owner-occupant seeking a high-return asset in a prime Cook County location. The property's strong financials, coupled with its prime location and flexible layout, make it an attractive investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.