Property profile

626-630 Green Bay Rd Kenilworth, IL 60043

OFF-MARKET
Retail properties & Spaces
10,925 SF Built 1961
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1961
Total area 10,925 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

626-630 Green Bay Rd Kenilworth, IL 60043
Kenilworth metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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