Technical
Financial
Distress signals
Property profile

7833 Ogden Ave Lyons, IL 60534

FOR SALE
Retail space
Property ID
US28-1227004
0.17 ac lot Built 1973
Entity Owned 8-yr Hold Free & Clear
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7833 Ogden Ave, Lyons, IL 60534 For Sale
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7833 Ogden Ave, Lyons, IL 60534
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Property summary

AI-generated overview

This exceptional commercial property at 7833 Ogden Avenue in Lyons, Illinois presents a compelling investment opportunity. The building boasts a total area of 5,131 square feet situated on a 7,616 square foot lot, offering significant versatility. The property comprises a 1,945 square foot storefront/office space, complete with a bathroom and dedicated storage area. This space is currently leased, with the lease expiring in April 2026. In addition, a substantial 3,186 square foot warehouse is included, featuring a high vaulted ceiling and a large overhead garage door, ideal for various commercial uses. This warehouse space is also currently under lease, with the lease expiring December 31, 2024. Six convenient parking spaces are located at the rear of the building. The property is located on prime Ogden Avenue, offering excellent visibility and accessibility. While the property requires a new roof, this is reflected in the asking price of $345,000. Sold AS IS, this property represents a strong income-generating asset for the discerning investor, providing immediate cash flow and significant long-term potential. The current leases ensure a steady stream of income, making this a truly attractive investment opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Lot 0.17 ac (7,616 SF)
APN 18-01-104-009
UPID US28-1227004

Cap rate & NOI

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

Location

7833 Ogden Ave Lyons, IL 60534
Lyons metro Census 819100 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2018
1 recorded transaction
2018
$230,000

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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