6920 Ogden Ave Berwyn, IL 60402-3685
- Retail space
- 887 SF
- 0.28 lot acres
Current Use by Public Records
- Retail space
Property Details for 6920 Ogden Ave
- Year built
- 1949
- Lot size
- 0.28 lot acres
- Property size
- 887 SF
- Property type
- Retail space
- APN
- 16-31-313-001
- APU
- 1631313001
Description
This exceptional commercial property at 6920 Ogden Avenue in Berwyn, Illinois, presents a rare investment opportunity. The 4,900 square foot all-brick building boasts three separate office spaces, each with its own utilities (electric and gas). Currently, one office is available, while the others are occupied by a legal professional and a medical practice, providing immediate income potential. The property's prime location on busy Ogden Road ensures high visibility and accessibility. A significant advantage is the large adjoining parking lot, accommodating 14 or more vehicles. The building is in excellent condition and is ideally suited for a variety of businesses, including but not limited to financial services, medical practices, or restaurants. The layout allows for owner-occupancy with rental income from the other units, potentially offsetting mortgage and tax payments. The property is sold "as is," but financing options are available. This is a unique chance to acquire a substantial commercial property in a densely populated area with strong potential for growth and return on investment. Photos depict only the currently vacant office space. Don't miss this chance to secure a thriving commercial enterprise.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berwyn
- County
- Cook
- State
- Illinois
- Longitude
- -87.7959
- Latitude
- 41.8258
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
