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    Property profile & analytics
    OFF-MARKET Estimated value $700,000
    Commercial real estate

    103 Ogden Ave, Clarendon Hills, IL 60514-1027

    3,497 SF 0.28 ac lot Built 2008
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-5880224
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully leased, Class B office building located at 103 W. Ogden Ave, Clarendon Hills, IL 60514. The property boasts a total of 3,500 square feet of net rentable space, spread across two buildings and two stories, currently operating at 100% occupancy. Built in 2008 and extensively renovated in 2023, this property offers modern amenities and a desirable location. The building is zoned L-O and sits on a 0.3-acre lot. The asking price is $975,000, translating to a price per square foot of $278.57. The property is suitable for a variety of office uses, including executive, medical, and traditional office spaces, making it a versatile and attractive investment. The gross lease structure simplifies management, and the multi-tenancy provides a diversified income stream. This prime location in Clarendon Hills, DuPage County, Illinois offers excellent visibility and accessibility. This is a rare opportunity to acquire a fully leased, high-performing commercial property in a thriving market. The recent renovations ensure long-term value and minimize immediate capital expenditure needs. The strong tenant occupancy and favorable lease terms provide immediate cash flow and a secure return on investment. Don't miss this chance to add a high-quality asset to your portfolio.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2008
    Total area 3,497 SF
    Lot 0.28 ac (12,197 SF)
    Zoning code C
    APN 09-02-305-006
    UPID US28-5880224
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $810k
    CAP Approach CAP
    $910k
    Comparable Approach Comparable
    $643k
    Blend (final) Blend
    $700k
    Owner & transaction history
    103 Ogden LLC · 5 yrs held
    103 Ogden LLC
    since 2021
    Last sale
    $645,000
    7 recorded transactions
    2021
    $645,000
    2019
    2018
    2004
    $365,000
    1969
    1969
    1969
    Zoning & alternative use
    C · Clarendon Hills, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $790,000 +10.1%
    Retail stores $755,000 +5.3%
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