1621 Ogden Avenue

Lisle, IL 60532

$1,225,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity! This 7 unit building zoned MIXED USE sits right on Ogden Ave. just minutes from 355 and 88. Walking distance to downtown Lisle restaurants, shops, and the train station. The first floor Office is 1250 sq. ft. which includes a private bathroom, 2 private offices, and an additional 1250 sq. ft. of flex space. 100% occupancy of the 6, 1 bed, 1 bathroom apartments. Apartments have been recently renovated. Each apartment has a storage unit in the basement, laundry is coin...Great investment opportunity! This 7 unit building zoned MIXED USE sits right on Ogden Ave. just minutes from 355 and 88. Walking distance to downtown Lisle restaurants, shops, and the train station. The first floor Office is 1250 sq. ft. which includes a private bathroom, 2 private offices, and an additional 1250 sq. ft. of flex space. 100% occupancy of the 6, 1 bed, 1 bathroom apartments. Apartments have been recently renovated. Each apartment has a storage unit in the basement, laundry is coin operated with a shared washer and dryer on premises. Electric is metered to each unit. Fire Prevention System, Boiler, and Hot Water Heater have been recently updated.
  1. Listed by Daniel Koziol • Baird & Warner
  2. Listed by James Bergeron • Baird & Warner

Property Details for 1621 Ogden Avenue

Area
Lisle
Township
Lisle
Zoning
MULTI
LISTING UPDATED: 09/08/2024 10:48 PM

Property Details for 1621 Ogden Avenue

StatusActive
MLS #11754143
Days on Market700
Taxes$16,590 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1957
Lot Size0.28 AC / 12,400 SF
CountyDuPage County

Building Information for 1621 Ogden Avenue

Stories2Residences7Year Built1957Lot Size0.28 AC / 12,400 SF

Property Information for 1621 Ogden Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 13-18 Spaces
Location and General Information
  • Frontage Type: City Street, Public Road, Signal Intersection
  • Geographic Locale: Southwest Suburban
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Service - 201 to 600 Amps
  • Flooring: Carpet, Vinyl, Wood
  • # Of Washers: 1
  • Heat/Ventilation: Hot Water,Wall Unit,Operable Windows/Systems Vary-Call List Agt
  • # Of Window/Ac: 9
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Elevator/s Passenger,Private Restroom/s,Storage Inside,Basement,Laundry Room
  • # Of Dryers: 1
  • # Of Dishwashers: 6
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 6
  • Water Drainage: Floor Drains,Storm Sewers
  • Misc Outside: Security Lighting,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Electric to Site, Sanitary Sewer, Water-Municipal, Water to Site, Cable Available
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 62X200
  • Lot Size Square Feet: 12400.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Alarm Monitored,Fire Extinguisher/s,Hydrants On Site,Smoke or Fire Protectors
  • Roof Structure: Gable
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 5150
  • # Of Offices: 1
  • Office SqFt: 1250
  • # Of Ranges: 6
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Office and Research, Multi-Family
  • Docks: None
  • Public Document Count: 0
  • Document Date: 2023-10-23T20:46:55
  • Photos Count: 21
Miscellaneous
  • Location: Corner,Mixed Use Area,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $805.00
  • Fuel Expense: $3,537.00
  • Gross Income: $133,500.00
  • Gross Scheduled Income: $134,500.00
  • Insurance Expense: $3,374.00
  • Electric Expense Source: Actual
  • Expense Year: 2022
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 11125
  • Water Expense Source: Actual
  • Net Operating Income: $104,679.00
  • Operating Expense: $29,821.00
  • Other Expense: $2,500.00
  • Trash Expense: $1,101.00
  • Water Sewer Expense: $1,914.00

Property History for 1621 Ogden Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1621 Ogden Avenue

Taxable ValueLand$78,110Additions$137,130Total$215,240
Tax Record2023$16,525 ($1,377 / month)
Home Facts
Lot Size11,761 SqFtStyleMiscellaneous CommercialZoningCCountyDUPAGEAPN08-10-104-001

Schools near 1621 Ogden Avenue

This home is within Lisle Community Unit School District 202.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lisle Elementary School
PublicPK to 5

Lisle Jr High School
Public6 to 8

Lisle High School
Public9 to 12

St Joan of Arc
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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1621 Ogden Avenue is a mixed use property for sale in Lisle, IL 60532. This property was listed for sale on April 7, 2023 by Baird & Warner, it's currently listed at $1,225,000. It has been on the market for a total of 700 days and was last sold on December 31, 2007. This listing's school district is Lisle Community Unit School District 202. Nearby schools include Lisle Elementary School, Lisle Jr High School and Lisle High School. 1621 Ogden Avenue is a 0-bed, 0-bath, mixed use property built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/08/2024 10:48 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.