Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

535 Ogden Ave Downers Grove, IL 60515-3027

  • Banks
  • 0.46 lot acres
OFF-MARKET
Value Estimation
$1,095,000
Last Sale
May 19, 2025
$1,225,000
Location Intelligence
Property ID
US28-1114392
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Community Bank of Dupage / Atm / Bank
  • Byline Bank / Bank
  • ATM (PNC Bank) / Atm

Property Details for 535 Ogden Ave

Lot size
0.46 lot acres
Zone code
V
Property type
Banks
APN
09-05-403-018
APU
905403018

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,080,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,235,000
    6.5%
    $1,250,000
    7%
    $1,215,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,130,000
    Geo Method
    $1,040,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,370,000
    Retail
    $1,300,000
    Mixed-Use
    $1,110,000
    Hospitality
    $1,030,000
    Educational
    $1,320,000
    Residential Income
    $1,320,000
    Energy
    $1,230,000
    Income-Based Land
    $1,135,000
    Food Service
    $1,350,000

Location Insight

  • Map
  • Local Demand
City
Downers Grove
County
Dupage
State
Illinois
Longitude
-87.9992
Latitude
41.8091
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,667
$145,800
$0.00
$145,800
-
$437,400
$0.00
$437,400
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message