8847 Ogden Avenue

Brookfield, IL 60513

$514,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime Commercial/Residential Property on Historic Route 66 Built in 1920, this meticulously maintained corner Brick building on historic Route 66 offers a total of 4,664 sq. ft. of Commercial and Residential space. The property includes four Bedrooms, 2 1/2 Baths, and a range of updated features. The ground floor houses a 1,250 sq. ft. hair salon, fully remodeled in 2015, with New Flooring, Lighting, HVAC, and Electrical. The salon is currently leased, with the tenant interested in renewing their...Prime Commercial/Residential Property on Historic Route 66 Built in 1920, this meticulously maintained corner Brick building on historic Route 66 offers a total of 4,664 sq. ft. of Commercial and Residential space. The property includes four Bedrooms, 2 1/2 Baths, and a range of updated features. The ground floor houses a 1,250 sq. ft. hair salon, fully remodeled in 2015, with New Flooring, Lighting, HVAC, and Electrical. The salon is currently leased, with the tenant interested in renewing their lease upon its expiration in April 2025. The residential space includes a two-Bedroom apartment is currently occupied by owner and featuring a Living Room, Dining Doom, Kitchen with oak Cabinets, laminate Countertops, and an island for eating space, along with a full Bath and Laundry Room. There is also a vacant Studio apartment that can be rented out for additional rental income, with a Kitchenette and a three-quarter Bath. The property's back portion includes an unfinished 630 sq. ft.(45'x14') above the garage accessible from enclosed rear porch, providing potential for additional living space. An attached heated six-car garage with 220 electrical service was previously rented for by an antique car collector, offering further income potential. The building has been well-maintained, with New Windows replaced two years ago, storefront windows upgraded in 2023, and tuckpointing completed two years ago. There is also a large full unfinished Basement that is currently being used for storage. This property is ideal for both investors and business owners. The combination of a prime location, stable rental income, and opportunities for expansion makes it a rare find. With the owners retiring and considering relocation out of state, this is the perfect time to take advantage of this unique offering.
  1. Listed by Giovanni Arenella • Century 21 Circle

Property Details for 8847 Ogden Avenue

Area
Brookfield
Township
Lyons
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING UPDATED: 11/05/2024 01:52 PM

Property Details for 8847 Ogden Avenue

StatusActive
MLS #12185618
Days on Market19
Taxes$10,626 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1920
Lot Size0.11 AC / 4,664 SF
CountyCook County

Building Information for 8847 Ogden Avenue

Stories2Residences3Year Built1920Lot Size0.11 AC / 4,664 SF

Property Information for 8847 Ogden Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces
  • Outdoor Parking: Parking-Street
Location and General Information
  • Geographic Locale: Southwest Suburban
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • # Of Washers: 1
  • Heat/Ventilation: Forced Air,Hot Water
  • # Of Refrigerators: 2
  • Misc Inside: Overhead Door/s,Public Restroom/s,Basement
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
  • Misc Outside: Enclosed Porch
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 30X125
  • Lot Size Square Feet: 4664.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete
  • Roof Type: Membrane
  • Fire Protection: Alarm Monitored
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 4482
  • # Of Offices: 0
  • Retail SqFt: 1250
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Apts/Ofc/Store, Apts/Stores
Property and Assessments
  • Possible Use: Retail
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 55
Miscellaneous
  • Location: Central Business District,High Traffic Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 10-28-2024
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $2,790.00
  • Fuel Expense: $1,216.00
  • Gross Income: $27,600.00
  • Gross Scheduled Income: $27,600.00
  • Insurance Expense: $2,880.00
  • Electric Expense Source: Actual
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 2300
  • Water Expense Source: Actual
  • Operating Expense: $9,517.00
  • Other Expense: $.00
  • Trash Expense: $1,169.00
  • Water Sewer Expense: $1,462.00

Property History for 8847 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 8847 Ogden Avenue

Taxable ValueLand$2,915Additions$25,960Total$28,875
Tax Record2022$9,163 ($764 / month)
Home Facts
Baths1.5Total Finished SqFt4,482 SqFtAbove Grade Finished SqFt4,482 SqFtStories2Lot Size4,664 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyCOOKAPN18-03-221-010

Schools near 8847 Ogden Avenue

This home is within Lyons School District 103.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

George Washington Middle School
Public6 to 8

Lyons Twp High School
Public9 to 12

St Barbara School
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.

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8847 Ogden Avenue is a mixed use property for sale in Brookfield, IL 60513. This property was listed for sale on October 28, 2024 by Century 21 Circle, it's currently listed at $514,900. It has been on the market for a total of 19 days and was last sold on October 1, 2015. This listing's school districts are Lyons School District 103, Lyons Twp Hsd 204 School District. Nearby schools include Lincoln Elementary School, George Washington Middle School and Lyons Twp High School. 8847 Ogden Avenue is a 0-bed, 0-bath, mixed use property built in 1920.

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 Century 21 Circle

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 11/05/2024 01:52 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.