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    OFF-MARKET
    Office buildings

    6804 Windsor Ave, Berwyn, IL 60402-3669

    0.06 ac lot Built 1928
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-0136624
    Property summary
    AI-generated overview

    This exceptional 47,100-square-foot mixed-use property, formerly the historic Berwyn State Bank, presents a compelling redevelopment opportunity. Built in 1930 and renovated in 2012, the building boasts an appealing 1930s limestone façade. Its prime location in Berwyn, Illinois (60402), at 6804 Windsor Ave, offers unparalleled transit access. Situated adjacent to the Metra BNSF line station and Pace bus routes 311 and 320, with easy access to I-55, this property benefits from high visibility and convenient commuting options. The C-3 zoning permits mixed-use development, aligning perfectly with the City of Berwyn's support for redevelopment projects. Further enhancing its appeal, a newly constructed mixed-use development featuring ground-level retail and 54 apartments is located directly across the street. This development, along with the property's proximity to Downtown Berwyn and the North Riverside Park Mall (home to major retailers like Marshalls, Old Navy, and more), ensures strong potential for future tenants and high return on investment. The property sits on a 0.22-acre lot and has APN numbers 16-31-127-006-0000, 16-31-127-007-0000, 16-31-127-008-0000, and 16-31-127-009-0000. This is a rare chance to acquire a landmark building with significant upside potential in a thriving community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1928
    Lot 0.06 ac (2,750 SF)
    APN 16-31-127-008
    UPID US28-0136624
    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
    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
    City Of Berwyn · 1 yrs held
    City Of Berwyn
    since 2025
    7 recorded transactions
    2025
    2024
    $300,000
    2014
    2013
    2006
    2006
    $855,500
    2006
    $8.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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