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    Property profile & analytics
    OFF-MARKET
    Retail space

    608 Hillgrove Ave, Western Springs, IL 60558

    1,800 SF
    Entity Owned 1-yr Hold
    Property ID
    US28-5617761
    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 space
    Total area 1,800 SF
    APN 18-05-301-012
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Western Springs Podiatry Center Medical Clinic
    • IJM Group Architects Inc. Architect
    • Jerome Donnelly Geriatric Care Provider
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Tarsal Properties LLC · 1 yrs held
    Tarsal Properties LLC
    since 2024
    2 recorded transactions
    2024
    $525,000
    2018
    $245,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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