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    Property profile & analytics
    OFF-MARKET Estimated value $1,160,000
    Banks

    535 Ogden Ave, Downers Grove, IL 60515-3027

    0.46 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-1114392
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents a 3,978-square-foot single-story building situated on a 0.81-acre corner lot at 535 Ogden Avenue in Downers Grove, Illinois. Built in 2005, the property boasts a former bank branch layout, offering a unique and adaptable space for a variety of retail uses. The building is entirely vacant, providing immediate occupancy for a new tenant. The high-traffic location on Ogden Avenue benefits from an average daily traffic count of 38,144 vehicles. Ample parking is available with 16 spaces, and the existing bank drive-through lanes offer potential for expansion. The property is zoned B-3 within Downers Grove, allowing for a range of commercial uses. DuPage County location and the 60515 zip code offer excellent access to a thriving community. Annual property taxes are $3.87 per square foot. This property presents a rare opportunity to acquire a well-located, versatile retail space in a desirable market. The building's modern construction and convenient amenities make it an ideal investment for discerning buyers seeking a strong return. The expansive lot size and existing infrastructure provide significant potential for future development or expansion.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Lot 0.46 ac (20,038 SF)
    Zoning code V
    APN 09-05-403-018
    UPID US28-1114392
    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
    • Community Bank of Dupage Bank Loan Service
    • Byline Bank Bank Loan Service
    • ATM (PNC Bank) Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.12M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.16M
    Owner & transaction history
    Indvestia LLC · 1 yrs held
    Indvestia LLC
    since 2025
    Last sale
    $1.2M
    2 recorded transactions
    2025
    $1.2M
    2008
    Zoning & alternative use
    V · Downers Grove, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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