152 Burlington Ave Clarendon Hills, IL 60514-1203
This exceptional Clarendon Hills investment opportunity presents a 3,840 square foot, two-story building situated on a 2,318 square foot lot (APN 0911113015). Built in 1959, the property boasts a B-2 zoning designation, perfectly suited for retail or street retail uses. Currently configured as a storefront and traditional office space, the building offers significant potential. The second floor is easily adaptable for conversion back into two apartments, presenting additional income streams. The property's prime location in Clarendon Hills ensures excellent visibility and accessibility, attracting a wide range of potential businesses. With its substantial square footage and versatile layout, this value-add property represents a compelling investment opportunity in a thriving commercial area. The building consists of one structure and offers 3,840 square feet of net rentable space. This is a rare chance to acquire a well-located commercial property with significant upside potential in a desirable Illinois market. The property's classic design provides a solid foundation for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Clarendon Hills, ILCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.