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1340 Ogden Ave
Downers Grove, IL 60515
Retail Property For Sale
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
$3,395,000 CAD
Price Per SF
$282.92 CAD
Cap Rate
6.40%
NOI
$217,280 CAD
Percent Leased
24%
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
Property Taxes
| Parcel Number | 09-06-402-005 | Improvements Assessment | $62,319 CAD |
| Land Assessment | $86,972 CAD | Total Assessment | $149,290 CAD |
Property Taxes
Parcel Number
09-06-402-005
Land Assessment
$86,972 CAD
Improvements Assessment
$62,319 CAD
Total Assessment
$149,290 CAD
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