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    OFF-MARKET
    Commercial land

    1632 Ogden Ave 2, Lisle, IL 60532-1228

    0.23 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-5783492
    Property summary
    AI-generated overview

    This exceptional commercial land offering presents a unique opportunity for immediate development. Comprising two combined parcels totaling 0.46 acres, this level and finished-graded lot is situated at 1632 Ogden Avenue in Lisle, Illinois, zip code 60532. The property boasts convenient access to Ogden Avenue and benefits from existing utilities on-site, eliminating significant upfront infrastructure costs. The site is zoned C, allowing for a variety of commercial uses, subject to local regulations. The property's location offers high visibility and accessibility, making it ideal for a range of commercial ventures. Parcel numbers are 08-03-312-015 and 08-03-312-014. The asking price for this ready-to-build site is $250,000. The high average daily traffic count of 25,200 vehicles provides significant exposure for any developed business. This is a rare opportunity to acquire a well-located, fully prepared commercial lot in a thriving area. Don't miss out on this chance to capitalize on this prime real estate.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.23 ac (10,019 SF)
    Zoning code C
    APN 08-03-312-014
    UPID US28-5783492
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    The Lisle Group LLC · 4 yrs held
    The Lisle Group LLC
    since 2021
    Last sale
    $50,000
    6 recorded transactions
    2021
    $50,000
    2007
    $200,000
    2007
    $200,000
    2004
    2002
    1969
    Zoning & alternative use
    C · Lisle, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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