Property profile

608 Hillgrove Ave Western Springs, IL 60558

OFF-MARKET
Retail properties & Spaces
Property ID
US28-5617761
1,800 SF
Entity Owned 1-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,800 square foot commercial property at 608 Hillgrove Avenue in Western Springs, Illinois, is offered for sale at $525,000. The building, which underwent a complete renovation in 2019, boasts a versatile layout suitable for various office uses, including executive suites, traditional office spaces, or a storefront. Currently vacant, this single-tenancy property presents a unique opportunity for immediate occupancy. Situated in the desirable C-1 Commercial District, it benefits from a prime downtown location, just one block from the Metra station, ensuring convenient access for commuters. The property features a 10-foot ceiling height and includes an 8' x 17' storage shed. The lot size is 3,425 square feet, and the property's APN is 18-05-301-012. Real estate taxes for 2023 were paid in 2024, totaling $12,691.70. Previously used as an architect's office, this building offers significant potential for a variety of businesses. The property is ready for immediate occupancy and offers a blank canvas for a new owner to customize to their specific needs. This is a rare opportunity to acquire a renovated, well-located commercial property in the heart of Western Springs.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,800 SF
UPID US28-5617761

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
  • Medical Clinic
  • Architect
  • Geriatric Care Provider

Location

608 Hillgrove Ave Western Springs, IL 60558
Western Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2024
2 recorded transactions
2024
$525,000
2018
$245,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 608 Hillgrove Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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