Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Engineer
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C · Lisle, ILZoning
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Zoning designation
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