6804 Windsor Ave, Berwyn, IL 60402-3669
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.