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1616 Ogden Avenue Lisle, IL 60532

$699,000
Active / MLS# 12615749 / Commercial - Business / Lisle
0 Beds
4830 SqFt

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.

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Baird & Warner Michael Beaver Agent Cell: 773.368.1969 Email

Property Details

Property Type: Commercial - Business
Cooling: Central Air, Window Unit(s)
Lot Size: 0.23 Acres
Stories: 2.0
Taxes: $14,956
Year Built: 1960

Feature Descriptions

Current Use: Commercial
Electric: Service - 0 to 100 Amps, Power - 120V, Power - 240V
Exterior: Brick
Fire Protection: Alarm Monitored
Foundation: Concrete Perimeter
Frontage Type: City Street, Public Road
HVAC: Hot Water, Operable Windows/Systems Vary-Call List Agt
Lot Dimensions: 50 X 200
Number of Tenant(s): 5
Parcel#: 0803312018
Parking: 6-12 Spaces, Private Lot
Potential Use: Commercial, Multi-Family
Units: 5
Utilities: Electric to Site, Natural Gas Available, Sewer Connected

Location

See details and scored characteristics about this location.

Listing Office: HRE Real Estate Services

Listing Office Phone: 708-220-7613



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