Property profile

7301 Lemont Rd Downers Grove, IL 60516

OFF-MARKET
Turn key restaurants
Property ID
US28-2136080
5,198 SF 0.95 ac lot Built 1980
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 5,198 SF
Lot 0.95 ac (41,382 SF)
Zoning code C
APN 09-29-110-005
UPID US28-2136080

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

7301 Lemont Rd Downers Grove, IL 60516-3807
Downers Grove metro Census 845704 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2019
4 recorded transactions
2019
$1.3M
2012
Price N/A
2002
Price N/A
1999
$12.6M

Zoning & alternative use

C · Downers Grove, IL

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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