Property profile

Burlington Ave Downers Grove, IL 60515

OFF-MARKET
Commercial real estate
Property ID
US28-4038682
23,341 SF 0.63 ac lot Built 2007
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Total area 23,341 SF
Lot 0.63 ac (27,443 SF)
Zoning code C
APN 09-08-130-027
UPID US28-4038682

Cap rate & NOI

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

Location

Burlington Ave Downers Grove, IL 60515
Downers Grove metro Census 844901 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.06M
Comparable Approach Comparable
$5.83M
Blend (final) Blend
$800k

Owner & transaction history

since 2010
4 recorded transactions
2013
Price N/A
2010
$3.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Downers Grove, IL
Top alternative use upside
Auto repair, garage $8.3M +43.4%
Restaurant $7.3M +26.0%

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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