Property profile

6340 26Th St Berwyn, IL 60402

FOR SALE
Retail space
Property ID
US28-0667258
0.15 ac lot Built 1920
Individually Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a two-unit retail building situated on the bustling 26th Street in Berwyn, Illinois. Boasting high visibility and significant foot traffic, this property offers immense potential for redevelopment. Currently vacant, the building requires a complete rehabilitation and is being sold in its "as-is" condition. The combined square footage of the two units totals approximately 4,000 square feet, although this measurement should be independently verified. Convenient rear parking is available for customers and employees. The property's location on 26th Street ensures excellent exposure to a large customer base, making it ideal for a variety of retail businesses. This is a unique chance for investors or entrepreneurs to create a customized retail space tailored to their specific needs in a highly desirable and established commercial area. The asking price reflects the need for renovation, presenting a significant value proposition for buyers willing to undertake the necessary improvements. The property's size and location make it an attractive prospect for those seeking a strong return on investment in a thriving commercial corridor. Serious inquiries are encouraged to explore this exciting opportunity to transform a vacant building into a thriving retail destination. All interested parties are responsible for conducting their own due diligence and verifying all property details.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Lot 0.15 ac (6,750 SF)
APN 16-29-300-003
UPID US28-0667258

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6340 26Th St Berwyn, IL 60402
Berwyn metro Census 815200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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