$649,900

1616 Ogden Avenue, Lisle, IL 60532

  • 4,830 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $135/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Data Last Updated:
September 22, 2026 at 1:19PM
Listing Office:
HRE Real Estate Services : 773-616-7362
Listing Agent:
Nicholas Sellis : 773-616-7362
MLS ID:
12615749
  • A/C: Central AirWindow Unit(s)
  • General: Concrete Perimeter
  • Road/Access: City StreetPublic Road
  • Originating MLS: mred
  • County: DuPage
  • Zoning: MULTI0803312018
  • Current Use: Commercial
  • Utilities: Electric to SiteNatural Gas AvailableSewer ConnectedService - 0 to 100 AmpsPower - 120VPower - 240V
  • Source: mred

This listing courtesy of Nicholas Sellis , HRE Real Estate Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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