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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Auto shops
1711 Ogden Ave, Downers Grove, IL 60515-2604
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-0449228
Property summary
AI-generated overview
This exceptional 3,500 square foot retail property, located at 1711 Ogden Avenue in Downers Grove, Illinois, presents a unique investment opportunity. Built in 1996, the building sits on a sizable 15,072 square foot lot and is zoned V for retail/commercial use, offering significant flexibility for a variety of businesses. Currently configured as an auto shop, the adaptable layout easily accommodates diverse retail or service-oriented enterprises. The property boasts prime visibility and high traffic counts due to its location on a busy thoroughfare in Downers Grove. Ample parking is available, ensuring convenient access for customers and employees. The surrounding area is thriving, with numerous established businesses creating a vibrant commercial environment. This property is ideal for entrepreneurs seeking a high-visibility location in a strong market, offering the potential for significant return on investment. The asking price is $1,200,000. The property's address is 1711 Ogden Ave, Downers Grove, IL 60515.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1996
Total area
3,551 SF
Lot
0.35 ac (15,246 SF)
Zoning code
V
APN
09-06-305-001
UPID
US28-0449228
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
Current use
Occupant on record · Public records
-
A-Tec Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Jhazi LLC · 1 yrs held
Jhazi LLC
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
V · Downers Grove, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Downers Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downers Grove submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$225 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,770
Tax year 2023
Assessed value
$198,010
Assessed 2023
Previous assessed
$183,340
+8.0% YoY
Effective rate
5.94%
On assessed value
Assessed land
$99,060
Assessed improvement
$98,950
Land market value
$297,180
Improvement market value
$296,850
Total market value
$594,030
Applied tax rate
9,494.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
3,551 SF
Lot
0.35 ac (15,246 SF)
Zoning code
V
APN
09-06-305-001
UPID
US28-0449228
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
V · Downers Grove, IL
Zoning V · permitted uses
V · Downers Grove, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downers Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Jhazi LLC
Entity
Mailing address
2236 N AVENIDA SALVADOR AVE, SAN CLEMENTE, CA 92672-3239
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2025
$1,000,000
Jhazi LLC
1711 Ogden LLC
Warranty Deed
—
Feb 6, 2018
$952,500
1711 Ogden LLC
1711 Ogden Avenue LLC
Warranty Deed
—
Mar 15, 2013
—
1711 Ogden Ave LLC
Bozonelos,james
Quit Claim Deed
related
—
May 23, 2001
$665,000
James Bozonelos
Nicholopoulos,chris & Mary
Grant Deed
$532,000 · United Trust Bank
May 17, 1999
$650,000
Chris Nicholopoulos
Aron,morris
Grant Deed
$520,000 · Associated Bank Chicago
—
—
1711 Ogden Avenue LLC
—
Deed Of Trust
related
$264,909 · Schaumburg Bk&tr Co NA
—
—
James Bozonelos
—
Deed Of Trust
related
$600,000 · Advantage National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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