Property profile

1420 Ogden Ave Downers Grove, IL 60515

OFF-MARKET
Turn key restaurants
Property ID
US28-5786890
1,942 SF 0.33 ac lot Built 2004
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Total area 1,942 SF
Lot 0.33 ac (14,375 SF)
Zoning code N
APN 09-06-402-010
UPID US28-5786890

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

1420 Ogden Ave Downers Grove, IL 60515-2733
Downers Grove metro Census 844802 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$758k
Blend (final) Blend
$620k

Owner & transaction history

since 2021
Last sale
$525,000
5 recorded transactions
2022
Price N/A
2021
$525,000
2011
$4.4M
2004
$750,000
2003
$500,000

Zoning & alternative use

N · Downers Grove, IL
Top alternative use upside
Auto repair, garage $685,000 +13.8%

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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