Listing provided courtesy of HRE Real Estate ServicesMREDas Distributed by MLSGrid- MLS# 12615749MLS Provider

1616 Ogden AvenueLisle, IL 60532

Commercial · 4,830 Sq. ft.
$699,000 Active

1616 Ogden Avenue Overview

Time on Site:
80 days
Visits:
0

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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1616 Ogden Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,830
  • Price/Sq.ft. $145

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 76800
  • Gross Scheduled Income: 76800
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1960

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: DuPage
  • MLS Area Major: Lisle
  • Township: Lisle

Tax Information

  • Tax Annual Amount: $14,956.00
  • Tax Year: 2024

General Information

  • Parcel Number: 0803312018
  • Possible Use: Commercial,Multi-Family
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Information

  • Office SqFt.: 1200
  • Retail SqFt.: 1300

Building Interior

  • Building Area Total: 4830

General Information

  • Cooling: Central Air, Window Unit(s)
  • Electric: Service - 0 to 100 Amps, Power - 120V, Power - 240V
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,Public Road
  • Lot Size Dimensions: 50 X 200
  • Lot Size Square Feet: 10000

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 5
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

1616 Ogden Avenue Neighborhood

Community

60532 (LISLE) Demographics

38
Median Age
3,112
Population Density (per sq. mile)
66%
College Educated
$88,723
Estimated Median Income
7,052
Estimated Total Home Owners
5,364
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1616 Ogden Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1616 Ogden Avenue Market Data

Based on the last 30 days in this zip code

$492,195
Average List Price
$253
Average Price per Square Foot
29
Properties Sold
46
Average Days on Market
113
Properties for Sale
Calculations provided by Reliance Network

1616 Ogden Avenue History

Date Event Value Agent
6/22/2026Source: MRED Status Change
Active
6/16/2026Source: MRED Price Reduction
$699,000 -6.8%
6/16/2026Source: MRED Status Change
Price Change
4/15/2026Source: MRED Status Change
Active
4/10/2026Source: MRED Added to Database
April 10, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022