1621 Ogden Ave, Lisle, IL 60532-1241
This exceptional mixed-use property at 1621 Ogden Avenue in Lisle, Illinois presents a compelling investment opportunity. The building boasts a total of 5,150 square feet and comprises seven units, currently enjoying 100% occupancy. The ground floor features a 1,250 square-foot office space, ideal for a variety of professional uses. This office includes a private bathroom, two private offices, and an additional 1,250 square feet of flexible space, perfect for expansion or adaptable to various business needs. Above the office are six recently renovated one-bedroom, one-bathroom apartments, each providing residents with convenient basement storage. The building is equipped with a coin-operated laundry facility featuring a shared washer and dryer for tenant convenience. Individual electric meters ensure efficient utility management. Recent upgrades include a new fire prevention system, boiler, and hot water heater, minimizing maintenance concerns and maximizing long-term value. The property's strategic location on Ogden Avenue, minutes from Illinois Routes 355 and 88, offers unparalleled access to major transportation arteries. Its proximity to downtown Lisle's vibrant restaurants, shops, and the train station further enhances its appeal and rental potential. This is a rare chance to acquire a well-maintained, high-performing mixed-use property in a thriving location. The strong rental income and recent upgrades make this an attractive investment with significant upside potential.
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Koziol Engineering Services Engineer
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 · Lisle, ILLisle. Always verify with local authorities before improvements.
Costs & 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.