Property profile

406 Maple Ave Downers Grove, IL 60515

OFF-MARKET
Turn key restaurants
Property ID
US28-1476446
1,753 SF 0.35 ac lot Built 1959
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1959
Total area 1,753 SF
Lot 0.35 ac (15,246 SF)
Zoning code N
APN 09-08-225-024
UPID US28-1476446

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
  • Restaurant

Location

406 Maple Ave Downers Grove, IL 60515-3805
Downers Grove metro Census 844901 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2021
5 recorded transactions
2021
Price N/A
2012
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

N · Downers Grove, IL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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