Property profile

1500 16th St Oak Brook, IL 60523

OFF-MARKET
Retail space
Property ID
US28-5254271
103,958 SF 11.62 ac lot Built 1994
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1994
Total area 103,958 SF
Lot 11.62 ac (506,167 SF)
Zoning code C
APN 06-23-102-032
UPID US28-5254271

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
  • Gym & Fitness Center (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Furniture & Home Goods Hardware & Home Improvement
  • Furniture & Home Goods Home Decor Store

Location

1500 16th St Oak Brook, IL 60523-1319
Oak Brook metro Census 844601 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.47M

Owner & transaction history

since 2023
Last sale
$5.0M
7 recorded transactions
2023
$5.0M
2022
Price N/A
2022
$23.5M
2021
Price N/A
2016
Price N/A
2016
$13.3M
2007
$36.5M

Zoning & alternative use

C · Oak Brook, IL

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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