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1340 Ogden Ave 12,000 SF 100% Leased Retail Building Downers Grove, IL 60515 $3,420,750 CAD ($285.06 CAD/SF) 6.40% Cap Rate



Executive Summary
DuPage County, multiple use property on major and strategic Ogden Ave. at Venard Rd. located in the retail corridor and business district with many major tenants and car dealerships. An acre plus of land and approximately 12,000 Sq. ft. buildings. 5-Total buildings with 3 different tenants. Ample rear and sides parking. Drive-through possibility. The site offers add value opportunity with improvement of the existing income producing buildings or redevelopment to franchises, and other use including shopping centers. Great street presence and exposure, easy access to major roads and short distance to interstates. Nearby villages/towns of Naperville, Westmont, Lombard, Villa Park, Woodridge, Hinsdale, Burr Ridge, Lisle, & Wheaton.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
1969
Price
$3,420,750 CAD
Price Per SF
$285.06 CAD
Cap Rate
6.40%
NOI
$218,928 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
1.00 AC
Zoning
R2, Du Page
Parking
16 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
250’ on Ogden Ave
Amenities
- Pylon Sign
- Signage
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-06-402-005 | Improvements Assessment | $62,381 CAD |
| Land Assessment | $87,058 CAD | Total Assessment | $149,439 CAD |
Property Taxes
Parcel Number
09-06-402-005
Land Assessment
$87,058 CAD
Improvements Assessment
$62,381 CAD
Total Assessment
$149,439 CAD
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