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Financial
Distress signals
Property profile

3101 Ridgeland Ave Berwyn, IL 60402

FOR SALE
Auto shops
Property ID
US28-1738930
0.19 ac lot Built 1980
Last sale Dec 2011 · $140,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an automotive service facility in Berwyn, located at 3101 Ridgeland Avenue, consisting of three attached buildings totaling 6,884 square feet on the main level and 1,594 square feet on the second level (8,478 square feet total). The facility is configured for vehicle repair and body-shop operations, with two 9-foot overhead doors and one 8-foot overhead door. Building improvements include a roof replacement in 2024, along with updated electrical wiring and electrical panels. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$44k
Tax billed · 2022
Assessed value$96k
Assessed land$34k
Assessed improvement$62k
Effective rate45.44%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 3.04% cap applied$36k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 372 recorded sales of this use type
Observed band · Q1–Q3$53 – $217

Cap rate analysis

How does the asset earn?
3.04%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.2
Law Firm13.0
Clothing Store12.5

Location

3101 Ridgeland Ave Berwyn, IL 60402
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6415 Stanley, Berwyn, IL 60402-3130 $145,000 Mar 2022 No data
6829 Grv, Stickney, IL 60402 $215,000 Feb 2022 No data
6509 Stanley, Berwyn, IL 60402-3123 $250,000 Oct 2021 No data
6844 16th, Berwyn, IL 60402-1335 $224,500 Aug 2021 No data
6848 16th, Berwyn, IL 60402-1335 $224,500 Aug 2021 No data
2108 Oak Park, Berwyn, IL 60402 $185,000 Aug 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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