6728 16Th St Berwyn, IL 60402
Property Lookup
Property profile & analytics
6728 16Th St Berwyn, IL 60402
- Bowling alleys
- 0.36 lot acres
Property ID
US28-1184399
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.
Location Intelligence
Current Use by Public Records
- Bowling alleys
Property Details for 6728 16Th St
- Year built
- 1939
- Lot size
- 0.36 lot acres
- Property type
- Bowling alleys
- APN
- 16-19-400-035
- APU
- 1619400035
Description
This exceptional investment opportunity presents a well-established bowling alley in Berwyn, Illinois. Located at 6728 16th St, 60402, this 10,000 square foot business sits on a half-acre lot and boasts a remarkable 37.50% capitalization rate, generating a substantial net operating income (NOI) of $1,200,000. The property includes a 12-lane bowling facility, a spacious bar and lounge area, and ample parking for 50 vehicles, encompassing two private lots and street parking. Currently, eleven established bowling leagues contribute to the consistent revenue stream, further enhanced by income generated from video poker machines. The business benefits from a loyal customer base cultivated by a professional and attentive staff, providing a superior bowling experience. This turnkey operation is ideal for an investor seeking a high-return, established business with significant growth potential. The long-time owner is retiring, presenting a rare chance to acquire a thriving enterprise in a desirable location within Cook County. The asking price for this exceptional property is $3,200,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Berwyn
- County
- Cook
- State
- Illinois
- Longitude
- -87.7927
- Latitude
- 41.8576
- 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
2022
$27,003
$63,476
$3,899
$67,375
-
$253,904
$15,596
$269,500
