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    FOR SALE
    Grocery and convenience stores

    301 N Cass Ave, Westmont, IL 60559

    2,400 SF 0.43 ac lot Built 1985
    Trust Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-0056201
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 301 N Cass Avenue in the heart of Westmont, Illinois, presents a truly unique investment opportunity. The 2,450 square foot freestanding building boasts unparalleled visibility at the highly trafficked intersection of Cass Avenue and Naperville Road. Its strategic location offers easy access from both major thoroughfares, ensuring maximum exposure for any business. The property's proximity to the Westmont Metra Train Station and Ogden Avenue provides exceptional convenience for employees and customers alike. A significant advantage is the inclusion of a private parking lot, providing ample parking spaces for tenants and visitors. This is a rare opportunity to acquire a prominent commercial building in a thriving downtown area with excellent accessibility and high visibility. The building's prime location and convenient amenities make it an ideal choice for a variety of businesses seeking a strong presence in the Westmont market. The asking price is $1,100,000. Serious inquiries only. The property is zoned for commercial use. Further details are available upon request.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1985
    Total area 2,400 SF
    Lot 0.43 ac (18,731 SF)
    Zoning code A
    APN 09-03-308-022
    UPID US28-0056201
    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
    • Cardtronics Atm
    • Amazon Hub Locker - Fission Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $555k
    CAP Approach CAP
    $510k
    Comparable Approach Comparable
    $748k
    Blend (final) Blend
    $585k
    Owner & transaction history
    Chicago Title Land Trust Company · 4 yrs held
    Chicago Title Land Trust Company
    since 2022
    Last sale
    $600,000
    6 recorded transactions
    2022
    2022
    2006
    $600,000
    2003
    $168,000
    1998
    $300,000
    1969
    Zoning & alternative use
    A · Westmont, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $850,000 +64.2%
    Medical building $540,000 +4.5%
    Try Rey
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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