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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$649,900

Est. payment - /mo

4,830 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,830 sqft

Price per Sqft $134

MLS Listing ID 12615749

Year Built 1960

Annual Tax Amount $14,956

Tax Year 2024

Lot Dimensions 50 X 200

Property Sub-Type Mixed Use

Property Description

1616 Ogden Ave, Lisle, Illinois - MixedUse Investment Property Prime mixeduse opportunity along highly traveled Ogden Avenue with 25,200 vehicles per day and excellent visibility from 50 feet of frontage. This fully occupied 4,900 sq ft building sits on a 50' x 200' lot and offers a strong blend of stable residential income and versatile commercial tenancy. The property features two groundfloor commercial spaces (approx. 1,300 sq ft and 1,200 sq ft) along with three updated residential apartments above, each approximately 950 sq ft. All units are currently leased, providing immediate inplace cash flow. Recent capital improvements include a new roof (4 years), boiler (3 years), and tuckpointing (5 years). Residential units have received selective renovations such as updated flooring, refreshed bathrooms, and newer appliances, supporting longterm rent stability. Additional revenue potential comes from an onsite garage, ideal for storage or supplemental tenant use. The property also includes 14 dedicated parking spaces, a rare convenience in this corridor. Located in the heart of Lisle's commercial district, the site benefits from strong traffic counts, easy access to major thoroughfares, and a mix of surrounding retail, service, and residential demand.

Location

State IL

County Dupage

Area Lisle

Zoning MULTI

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

Building

Dwelling Type Mixed Use

Structure Type Brick

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Listed by Nicholas Sellis of HRE Real Estate Services

Nearby School & Business

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Garrett Johnson

+1(847) 337-1157

Agent License ID: 475.188206

1616 Ogden AVE Lisle, IL 60532

Garrett Johnson

Key Details

Location

Interior

Exterior

Building

Nearby School & Business

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