Property profile

1621 Ogden Ave Lisle, IL 60532

OFF-MARKET
Commercial real estate
Property ID
US28-5610512
0.27 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.27 ac (11,761 SF)
Zoning code C
APN 08-10-104-001
UPID US28-5610512

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
  • Engineer

Location

1621 Ogden Ave Lisle, IL 60532-1241
Lisle metro Census 846004 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.08M

Owner & transaction history

since 2025
Last sale
$890,000
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
$890,000
2018
Price N/A
2008
$715,000
2002
$300,000
1969
Price N/A

Zoning & alternative use

C · Lisle, 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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