Entity Owned 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
Current use
Occupant on record · Public records
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$310k
Owner & transaction history
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
V · Downers Grove, IL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$310k
Value range
$279k – $341k
±10% around blend
Estimated value / SF
$87 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
80
$279k
blend $310k
$341k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,551 SF
Lot area
0.35 ac
Year built
1996
Stories
1
APN
09-06-305-001
Zoning
V
Assessed value
$198,010
Annual tax
$11,770
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$577k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.8 mi away · 4,000 SF
15.0 mi away · 3,000 SF
15.6 mi away · 4,000 SF
16.6 mi away · 3,800 SF
16.6 mi away · 3,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$310k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 25 sales
$354
-75%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $87/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1,000k
Move the market yield to see immediate price impact.
Value / SF
$282
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$63k
$1.26M
$900k
$700k
$70k
$1.40M
$1,000k
$778k
$77k
$1.54M
$1.10M
$856k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$725k
14.7 mi · Feb 2026 · $173/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, ILZoning V · permitted uses
V · Downers Grove, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Lot
0.35 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
V
Jurisdiction
Downers Grove, IL
Recorded code
V
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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