Property profile & analytics
535 Ogden Ave Downers Grove, IL 60515-3027
- Banks
- 0.46 lot acres
OFF-MARKET
Last Sale
May 19, 2025
May 19, 2025
$1,225,000
Value Estimations
$1,160,000
Show details
Cap Rate Potential
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 / Bank / Loan Service
- Byline Bank / Bank / Loan Service
- 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 Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,080,000
- ML approach
- $1,120,000
Get a detailed, property-specific valuation — fast and free
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
