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0 Beds
4,830 sqft

$649,900

1616 Ogden Avenue, Lisle IL, 60532

Price per sqft$134.55
Built in1960
Property size4,830 sqft
Property typeOther
Listed by Nicholas Sellis with HRE Real Estate Services 773-616-7362

Overview

Active

Listed Apr 10, 2026

Updated 9 days ago

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.

$4,324/mo

Est. mortgage payment based on a $649,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12615749

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$14,956
Tax Frequency
Annually
MLS provider logo

Listed by Nicholas Sellis with HRE Real Estate Services 773-616-7362

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Tamara OConnor Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 5:54 AM UTC on 10/1/2026. 

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