Lisle, IL 60532
$649,900
Mark Quesada
Broker / Owner
LIC #475144827
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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$4,796/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Nicholas Sellis, HRE Real Estate Services
MLS# MRD12615749 · Active
History reflects records reported to the MLS and may be incomplete.