8911 Ogden Ave Brookfield, IL 60513
- Retail space
- 0.93 lot acres
Current Use by Public Records
- LibertyX Bitcoin ATM / Atm
- UPS Access Point location / Mailing Service / Shipping Service
- MoneyGram / Money Transfer Service
- Bobbiann Raughley / Pharmacy
- Nicholas Bravo / Pharmacy
Property Details for 8911 Ogden Ave
- Year built
- 2000
- Lot size
- 0.93 lot acres
- Property type
- Retail space
- APN
- 18-03-220-049
- APU
- 1803220049
Description
This exceptional freestanding retail property at 8911 Ogden Avenue in Brookfield, Illinois, presents a unique investment opportunity. Situated on a hard corner at a signalized intersection, this single-tenant building offers unparalleled visibility and accessibility. The property boasts a convenient drive-thru, enhancing operational efficiency and customer convenience. Three ingress/egress points, strategically located on three separate roads, ensure smooth traffic flow and ample access for both customers and employees. Extensive parking is provided with 56 stalls, split between front and rear lots, guaranteeing ample space for patrons. The property features a large private parking area and prominent pylon signage, maximizing visibility and brand recognition. This prime location is situated along Ogden Avenue, a major business corridor, placing the property within easy reach of a substantial customer base. Public transportation is readily available, with a PACE bus stop directly in front and the Brookfield Metra Station just two blocks away. The property benefits from its proximity to popular attractions and businesses, including the Brookfield Zoo and numerous national retailers such as Starbucks, Walgreens, Wendy's, bp, Jimmy John's, and Family Dollar, all located along Ogden Avenue. This property offers a compelling combination of location, accessibility, and visibility, making it an ideal investment for a variety of retail businesses. The Cook County location and 60513 zip code further solidify its strategic position within a thriving commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,610,000
- 6.5%
- $3,435,000
- 7%
- $3,295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,095,000
- Geo Method
- $2,945,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,955,000
- Retail
- $2,880,000
- Mixed-Use
- $2,585,000
- Hospitality
- $3,135,000
- Educational
- $3,295,000
- Residential Income
- $2,645,000
- Energy
- $3,280,000
- Income-Based Land
- $3,105,000
- Food Service
- $2,910,000
Location Insight
- Map
- Local Demand
- City
- Brookfield
- County
- Cook
- State
- Illinois
- Longitude
- -87.8446
- Latitude
- 41.8163
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
