Property profile

1229 Ogden Ave Downers Grove, IL 60515

OFF-MARKET
Other commercial real estate
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Property ID
US28-5530695
4,020 SF 0.17 ac Built 1965
Last sale Jan 2025·$687,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A 4,020-square-foot retail space located on Ogden Avenue, with access from both Ogden Avenue and Linscott Avenue. The property provides front, side, and rear parking and includes a flexible interior layout that can be configured for one or two tenants. It is situated in a commercial retail area with established nearby retailers, and the surrounding market includes approximately 88,000 residents within a 3-mile radius and average household income exceeding $150,000.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$142k
Assessed land$49k
Assessed improvement$92k
Effective rate5.94%

Value estimate

· Nov 2026
$830k
$747k – $913k
AI approach$840k
CAP approach$1.05M
Submarket $/SF estimate$719k

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$247/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$176 – $317
Qualifying comparables30

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
N
JurisdictionDU PAGE

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store13.2
Convenience Store12.2
Storage Facility11.6

Location

1229 Ogden Ave Downers Grove, IL 60515-2718
County assessor Recorded deeds · 3 transfers 30 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1513 Ogden, Downers Grove, IL 60515-2737 $350,000 Mar 2025 2,400 SF
1330 Ogden, Downers Grove, IL 60515-2772 $625,000 Mar 2025 2,968 SF
1003 Curtiss, Downers Grove, IL 60515-4711 $1,000,000 Jan 2025 6,109 SF
4919 Main, Downers Grove, IL 60515-3652 $715,379 Oct 2024 2,260 SF
1219 Ogden, Downers Grove, IL 60515-2721 $1,000,000 Jan 2024 4,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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